Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a relatively positive day for the broad U.S. markets. While the S&P 500 and Nasdaq made meaningful gains on Monday, while the Dow was more or less flat. Keep in mind that earnings season is just around the…
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April 10, 2019: The S&P 500 closed up 0.4% at 2,888.38. The Dow closed flat at 26,159.33. Separately, the Nasdaq closed up 0.7% at 7,964.24.
Wednesday was a relatively positive day for the broad U.S. markets. While the S&P 500 and Nasdaq made meaningful gains on Monday, the Dow was more or less flat. Keep in mind that earnings season is just around the corner and a couple of major banks report later this week. 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 real estate and technology each up 0.6%. The worst performing sectors were utilities and materials down 0.4%, and 0.2%, respectively.
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Crude oil was last seen up 0.8% at $64.48.
Gold was last seen trading up 0.3% at $1,312.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was AmerisourceBergan Corp. (NYSE: ABC) which traded down over 4% at $74.11. The stock’s 52-week range is $69.36 to $95.00. Volume was about 2.7 million compared to the daily average volume of 1.5 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Conagra Brands, Inc. (NYSE: CAG | CAG Price Prediction) which rose by about 7% to $29.42. The stock’s 52-week range is $20.22 to $39.43. Volume was about 14 million compared to the daily average volume of 8.2 million.
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Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.