Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a solid day for the broad U.S. markets. Despite Halloween falling on today, the markets were not scared and pushed higher for a solid gain on the week thus far. Crude oil dropped yet again in the session.…
October 31, 2018: The S&P 500 closed up 1.1% at 2,711.59. The DJIA closed up 1.0% at 25,117.22. Separately, the Nasdaq closed up 2.0% at 7,305.90.
Wednesday was a solid day for the broad U.S. markets. Despite Halloween falling on today, the markets were not scared and pushed higher for a solid gain on the week thus far. Crude oil dropped yet again in the session. The S&P 500 sectors were mostly positive. The most positive sectors were technology and financial up 2.6% and 1.7%, respectively. The worst performing sectors were real estate and utilities down 1.3% and 1.1%, respectively.
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Crude oil was last seen trading down 1.6% at $65.10.
Gold was last seen trading down 0.8% at $1,215.90.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close Kellogg Co. (NYSE: K) which fell by about 9% to $65.44. The stock’s 52-week range is $56.40 to $74.98. Volume was nearly 8 million compared to the daily average volume of 1.8 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Molson Coors Brewing Co. (NYSE: TAP) which traded up about 10% at $63.96. The stock’s 52-week range is $55.52 to $85.86. Volume was 5.6 million compared to the daily average volume of 2 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.