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

Wednesday was a mixed day for the broad U.S. markets. All of the major averages started off the day on a positive note but the Dow and S&P 500 quickly turned negative. Crude oil basically continued to bleed on Wednesday.…

By Chris Lange
Published August 1, 2018, 4:13pm ET · 1 min read

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August 1, 2018: The S&P 500 closed flat at 2,813.62. The DJIA closed down 0.3% at 25,336.43. Separately, the Nasdaq was up 0.5% at 7,707.29.

Wednesday was a mixed day for the broad U.S. markets. All of the major averages started off the day on a positive note but the Dow and S&P 500 quickly turned negative. Crude oil basically continued to bleed on Wednesday. The S&P 500 sectors were mostly negative. The most positive sectors were technology and real estate up 0.9% and 0.5%, respectively. The worst performing sectors were energy and industrials down 1.3% and 1.1%, respectively.

Crude oil was last seen trading down 1.4% at $67.80.

Gold was last seen trading down 0.6% at $1,225.70.

The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Hanesbrands Inc. (NYSE: HBI) which fell about 19% to $17.97. The stock’s 52-week range is $16.38 to $25.73. Volume was just about 27 million compared to the daily average volume of 6.4 million.

The S&P 500 stock posting the largest daily percentage gain ahead of the close was Apple Inc. (NASDAQ: AAPL) which traded up about 6% at $201.37. The stock’s 52-week range is $149.16 to $201.60. Volume was about 67 million compared to the daily average volume of 24 million.

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Chris Lange

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.

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