Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was another positive day for the broad U.S. markets. All of the major exchanges had yet another solid performance, making this the fourth consecutive positive trading session amid a bear market. Crude oil made a massive gain in the…
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January 9, 2019: The S&P 500 closed up 0.4% at 2,584.92. The DJIA closed up 0.4% at 23,878.31. Separately, the Nasdaq closed up 0.9% at 6,957.08.
Wednesday was another positive day for the broad U.S. markets. All of the major exchanges had yet another solid performance, making this the fourth consecutive positive trading session amid a bear market. Crude oil made a massive gain in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and technology up 1.4% and 1.1%, respectively. The worst performing sectors were consumer staples and utilties which were down 1.1% and 0.7%, respectively.
Crude oil was last seen up 5.2% at $52.36.
Gold was last seen trading up 0.7% at $1,294.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Constellation Brands, Inc. (NYSE: STZ | STZ Price Prediction) which traded down over 12% at $150.88. The stock’s 52-week range is $150.76 to $161.26. Volume was roughly 17 million compared to the daily average volume of 2.2 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Lennar Corp. (NYSE: LEN) which rose by 8% to $46.30. The stock’s 52-week range is $37.29 to $72.17. Volume was 13.4 million compared to the daily average volume of 4.9 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.