Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a very positive day for the broad U.S. markets. Each of the major averages notched a gain of at least 2% in the session.
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November 28, 2018: The S&P 500 closed up 2.3% at 2,743.89. The DJIA closed up 2.5% at 25,367.49. Separately, the Nasdaq closed up 3.0% at 7,291.59.
Wednesday was a very positive day for the broad U.S. markets. Each of the major averages notched a gain of at least 2% in the session. Crude oil took another hit today and is trading near $50. The S&P 500 sectors were almost entirely positive. The most positive sectors were technology and consumer discretionary up 3.4%, and 2.9%, respectively. The worst performing sector was utilities down 0.1%.
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Crude oil was last seen trading down 2.5% at $50.25.
Gold was last seen trading up 0.7% at $1,221.40.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Tiffany & Co. (NYSE: TIF) which traded down about 12% at $92.35. The stock’s 52-week range is $90.55 to $141.64. Volume was 10.1 million compared to the daily average volume of 1.8 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Salesforce.com, Inc. (NYSE: CRM) which rose by about 10% to $140.74. The stock’s 52-week range is $98.68 to $161.19. Volume was about 23.3 million compared to the daily average volume of 6.5 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.