Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a positive day for the broad U.S. markets. We are now in the busiest week of this earnings season with 12 Dow components reporting. After solid results from a few companies reporting late Tuesday and early Wednesday the…
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January 30, 2019: The S&P 500 closed up 1.6% at 2,681.32. The DJIA closed up 1.8% at 25,015.98. Separately, the Nasdaq closed up 2.2% at 7,183.08.
Wednesday was a positive day for the broad U.S. markets. We are near the end of the busiest week of this earnings season with 12 Dow components reporting. After solid results from a few companies reporting late Tuesday and early Wednesday the broad markets seem to be back on track. The S&P 500 sectors were entirely positive. The most positive sectors were technology, consumer discretionary, and industrials up 3.0%, 1.9% and 1.6%, respectively. The worst performing sector was financial up only 0.4%.
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Crude oil was last seen up 1.8% at $54.27.
Gold was last seen trading up 0.7% at $1,324.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Juniper Networks, Inc. (NYSE: JNPR | JNPR Price Prediction) which traded down about 7% at $25.92. The stock’s 52-week range is $23.61 to $30.80. Volume was roughly 15.6 million compared to the daily average volume of 3.8 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Stryker Corp. (NYSE: SYK) which rose by over 11% to $179.41. The stock’s 52-week range is $144.75 to $181.10. Volume was 5.2 million compared to the daily average volume of 1.5 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.