Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a down day for the broad U.S. markets, again with relatively low volume coming off a long holiday weekend. Crude oil backed off again further below $70. The S&P 500 sectors were mostly positive with a couple glaring…
September 5, 2018: The S&P 500 closed down 0.3% at 2,888.71. The DJIA closed flat at 25,976.07. Separately, the Nasdaq was down 1.2% at 7,995.17.
Wednesday was a down day for the broad U.S. markets, again with relatively low volume coming off a long holiday weekend. Crude oil backed off again to fall further below $70. The S&P 500 sectors were mostly positive with a couple glaring exceptions. The most positive sectors were utilities and consumer staples up 1.2% and 1.0%, respectively. The worst performing sectors were technology and consumer discretionary down 1.4% and 1.1%, respectively.
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Crude oil was last seen trading down 1.5% at $68.83.
Gold was last seen trading up 0.3% at $1,202.20.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Halliburton Co. (NYSE: HAL) which fell about 6% to $37.05. The stock’s 52-week range is $36.82 to $57.86. Volume was about 18 million compared to the daily average volume of about 8 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Dollar Tree, Inc. (NASDAQ: DLTR) which traded up over 3% at $82.67. The stock’s 52-week range is $79.17 to $116.65. Volume was nearly 7 million compared to the daily average volume of about 3 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.
