Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a relatively positive day for the broad U.S. markets, with each of the major indices slightly higher on the day. The Dow hit another intraday all-time high in the session and the S&P 500 was within one point…
October 3, 2018: The S&P 500 closed flat at 2,925.63. The DJIA closed up 0.2% at 26,831.73. Separately, the Nasdaq closed up 0.3% at 8,025.08.
Wednesday was a relatively positive day for the broad U.S. markets, with each of the major indices slightly higher on the day. The Dow hit another intraday all-time high in the session and the S&P 500 was within one point of its intraday all-time high as well. Crude oil pushed higher again this week reaching over $76. The S&P 500 sectors were more or less split down the middle. The most positive sectors were finance and energy up 1.0% and 0.9%, respectively. The worst performing sectors were utilities and consumer staples down 1.4% and 1.1%, respectively.
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Crude oil was last seen trading up 1.6% at $76.41.
Gold was last seen trading down 0.4% at $1,202.50.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close International Paper Co. (NYSE: IP) which fell about 4% to $48.37. The stock’s 52-week range is $48.25 to $66.94. Volume was nearly 5 million compared to the daily average volume of 2.3 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was SVB Financial Group (NASDAQ: SIVB) which traded up about 5% at $321.80. The stock’s 52-week range is $180.33 to $333.74. Volume was 0.4 million compared to the daily average volume of 0.4 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.
