Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a positive day for the broad U.S. markets. Crude oil posted another loss on the day. The S&P 500 sectors were mostly positive with a couple exceptions.
December 12, 2018: The S&P 500 closed up 0.6% at 2,651.36. The DJIA closed up 0.7% at 24,530.87. Separately, the Nasdaq closed up 1.0% at 7.098.31.
Wednesday was a positive day for the broad U.S. markets. Each of the major averages rose about 1% to start the session, but this gave way as the day went on. Crude oil posted another loss on the day. The S&P 500 sectors were mostly positive with a couple exceptions. The most positive sectors were technology and health care up 1.4% and 0.5%, respectively. The worst performing sectors were consumer discretionary and technology down 1.4%, and 1.3%, respectively.
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Crude oil was last seen trading down 1.0% at $51.12.
Gold was last seen trading up 0.3% at $1,250.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Under Armour, Inc. (NYSE: UAA) which traded down about 10% at $19.92. The stock’s 52-week range is $12.50 to $24.96. Volume was roughly 16 million compared to the daily average volume of 5.5 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was United Rentals, Inc. (NYSE: URI) which rose by over 6% to $108.52. The stock’s 52-week range is $99.50 to $190.74. Volume was about 3.2 million compared to the daily average volume of 2.0 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.