Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday started out as a positive day for the broad U.S. markets, but ultimately ended down. Crude oil was pushed much higher in the session, for its second day in a row. The S&P 500 sectors mostly negative. The most…
June 27, 2018: The S&P 500 closed down 0.9% at 2,699.74. The DJIA closed down 0.7% at 24,120.78. Separately, the Nasdaq was down 1.5% at 7,445.08.
Wednesday started out as a positive day for the broad U.S. markets but ultimately ended down. Crude oil was pushed much higher in the session, for its second day in a row. The S&P 500 sectors mostly negative. The most positive sectors were energy and utilities, up 1.3% and 0.5%, respectively. The worst performing sectors were technology and consumer discretionary, down 1.3% and 1.2%, respectively.
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Crude oil was last seen trading up 2.6% at $72.35.
Gold was last seen trading down 0.4% at $1,254.40.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was SCANA Corp. (NYSE: SCG) which fell about 4% to $36.79. The stock’s 52-week range is $33.61 to $69.24. Volume was about 5.7 million compared to the daily average volume of 1.5 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Diamond Offshore Drilling, Inc. (NYSE: DO) which traded up about 11% at $21.23. The stock’s 52-week range is $10.09 to $21.48. Volume was 4.1 million compared to the daily average volume of 1.7 million.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.