Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a mixed day for the broad U.S. markets. Crude oil made a big move in the session and reached back above $70. The S&P 500 sectors were mostly positive.
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September 12, 2018: The S&P 500 closed flat at 2,888.84. The DJIA closed flat at 25,997.84. Separately, the Nasdaq was down 0.2% at 7,954.23.
Wednesday was a mixed day for the broad U.S. markets. Crude oil made a big move in the session and reached back above $70. The S&P 500 sectors were mostly positive. The most positive sectors were consumer staples and energy up 1.2% and 0.7%. The worst performing sectors were financials and technology down 0.8%, and 0.4%, respectively.
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Crude oil was last seen trading up 1.4% at $70.20.
Gold was last seen trading up 0.8% at $1,211.60.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Micron Technology, Inc. (NASDAQ: MU) which fell about 4% to $41.83. The stock’s 52-week range is $34.02 to $64.66. Volume was about 66.4 million compared to the daily average volume of 37.4 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Discovery, Inc. (NASDAQ: DISCA) which traded up nearly 8% at $30.71. The stock’s 52-week range is $15.99 to $31.06. Volume was 8 million compared to the daily average volume of 4 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.