Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a down day for the broad U.S. markets. The S&P 500 and DJIA started off negative but after the Fed announcement to not change rates, they saw some life. However, that’s not how the day ended. Crude oil…
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March 20, 2019: The S&P 500 closed down 0.3% at 2,824.21. The DJIA closed down 0.6% at 25,746.15. Separately, the Nasdaq closed flat at 7,728.97.
Wednesday was a down day for the broad U.S. markets. The S&P 500 and DJIA started off negative but after the Fed announcement to maintain rates, they saw some life. However, that’s not how the day ended. Crude oil posted a solid gain in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and real estate up 1.1% and 0.4%, respectively. The worst performing sectors were financials care and industrials down 2.1% and 0.7%, respectively.
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Crude oil was last seen up 1.9% at $60.12.
Gold was last seen trading up 0.6% at $1,314.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Viacom Inc. (NASDAQ: VIAB) which traded down about 5% at $26.07. The stock’s 52-week range is $23.31 to $34.44. Volume was about 10 million compared to the daily average volume of 4.1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Southwestern Energy Co. (NYSE: SWN) which rose by about 5% to $4.57. The stock’s 52-week range is $3.23 to $6.23. Volume was 17.7 million compared to the daily average volume of 17.6 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.
