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

May 23, 2018 by Chris Lange

May 23, 2018: The S&P 500 closed up 0.3% at 2,733.26. The DJIA closed up 0.2% at 24,886.60. Separately, the Nasdaq was up 0.6% at 7,425.96

Wednesday started out as a down day for the broad U.S. markets, but everything turned around as the day went on. Crude oil continued its pull back in this session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were utilities and real estate up 1.0% and 0.8%, respectively. The worst performing sectors were financial and materials down 0.6% and 0.2%, respectively.

Crude oil was down 0.7% at $71.70.

Gold was flat at $1,293.30.

The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Frontier Communications Corp. (NASDAQ: FTR) which traded down about 12% at $8.35. The stock’s 52-week range is $6.08 to $21.30. Volume was roughly 6 million compared to the daily average volume of 3.5 million.

The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Tiffany & Co. (NYSE: TIF) which rose about 23% to $126.24. The stock’s 52-week range is $84.15 to $126.64. Volume was 12 million compared to the daily average volume of 1.6 million.

Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)

Take the quiz below to get matched with a financial advisor today.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Take the retirement quiz right here.