Wednesday’s Biggest Winners and Losers in the S&P 500

May 16, 2018 by Chris Lange

Source: Thinkstock
May 16, 2018: The S&P 500 closed up 0.4% at 2,722.49. The DJIA closed up 0.3% at 24,769.14. Separately, the Nasdaq was up 0.6% at 7,398.30.

Wednesday was a positive day for the broad U.S. markets. Crude oil continued its progress, although the gain was only marginal. The S&P 500 sectors were mostly positive. The most positive sectors were materials and consumer discretionary, up 1.2% and 0.8%, respectively. The worst performing sectors were utilities and real estate down 0.8%, and 0.3%, respectively.

Crude oil was up 0.2% at $71.42.

Gold was flat at $1,290.70.

The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was IDEXX Laboratories, Inc. (NASDAQ: IDXX) which traded down about 4.5% at $199.42. The stock’s 52-week range is $146.09 to $217.89. Volume was 1.5 million compared to the daily average volume of less than half a million.

The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Macy’s, Inc. (NYSE: M) which rose about 11% to $33.16. The stock’s 52-week range is $17.41 to $33.40. Volume was 52 million compared to the daily average volume of 10 million.

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.