Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a flat day for the broad U.S. markets. We saw Best Buy’s report lead retailers today. And as this week goes on we are looking forward to some more major retailers posting their quarterly results. Crude oil made…
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February 27, 2019: The S&P 500 closed flat at 2,792.34. The DJIA closed down 0.3% at 25,985.50. Separately, the Nasdaq closed flat at 7,554.51.
Wednesday was a relatively flat day for the broad U.S. markets. We saw Best Buy’s report lead retailers today. And as this week goes on we are looking forward to some more major retailers posting their quarterly results. Crude oil made a solid gain in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were industrials and financials up 0.4% each. The worst performing sectors were real estate and health care, down 0.4% and 0.5%, respectively.
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Crude oil was last seen up 2.7% at $56.98.
Gold was last seen trading down 0.5% at $1,321.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Mylan N.V. (NASDAQ: MYL) which traded down about 15% at $26.01. The stock’s 52-week range is $26.00 to $44.18. Volume was about 24.4 million compared to the daily average volume of 4.5 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Best Buy Co., Inc. (NYSE: BBY | BBY Price Prediction) which rose by over 14% to $68.82. The stock’s 52-week range is $47.72 to $84.37. Volume was about 17.4 million compared to the daily average volume of 3.7 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.
