Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a positive day for the broad U.S. markets. Each of the major averages tacked on a gain of at least 1.9% in the session. Crude oil turned lower yet again. The S&P 500 sectors were entirely positive.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
November 7, 2018: The S&P 500 closed up 2.1% at 2,813.67. The DJIA closed up 2.1% at 26,178.27. Separately, the Nasdaq closed up 2.6% at 7,570.75.
Wednesday was a positive day for the broad U.S. markets. Each of the major averages tacked on a gain of at least 2% in the session. Crude oil turned lower yet again. The S&P 500 sectors were entirely positive. The most positive sectors were health care, technology, and consumer discretionary up 2.8%, 2.7%, and 2.5%, respectively. The “worst” performing sector was consumer staples up only 0.5%.
[nativounit]
Crude oil was last seen trading down 0.9% at $61.64.
Gold was last seen trading flat at $1,227.00.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Michael Kors Holdings Limited (NYSE: KORS) which fell by about 15% to $48.58. The stock’s 52-week range is $47.47 to $75.96. Volume was over 14 million compared to the daily average volume of 2.4 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Cimarex Energy Co. (NYSE: XEC) which traded up about 11% at $92.67. The stock’s 52-week range is $77.63 to $130.16. Volume was over 5 million compared to the daily average volume of 1.5 million.
[wallst_email_signup]
Contact [email protected] for any questions or corrections.
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.