Investing
Wednesday's Biggest Winners and Losers in the S&P 500
April 17, 2019 4:08 pm
Last Updated: March 23, 2020 12:58 pm
April 17, 2019: The S&P 500 closed flat at 2,900.44. The Dow closed flat at 26,449.74. Separately, the Nasdaq closed flat at 7,996.08.
Wednesday was a relatively down day for the broad U.S. markets. The S&P 500, Dow, and Nasdaq each couldn’t make up their minds on what to do Wednesday and bounced between positive and negative a few times, ultimately ending close to where they started. Right now, we are now in the midst of earnings season where a majority of companies will report and set a direction for the market. Also note that this is a truncated trading week with markets closed on Friday for Easter. Crude oil backed off slightly in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were technology and consumer staples up 0.6% and 0.5%, respectively. The worst performing sectors were real estate and health care down 0.9% and 2.8%.
Crude oil was last seen down 0.5% at $63.76.
Gold was last seen trading flat at $1,276.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was The Bank of New York Mellon Corp. (NYSE: BK) which traded down about 10% at $48.16. The stock’s 52-week range is $43.67 to $58.22. Volume was about 13 million compared to the daily average volume of 4.6 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Qualcomm Inc. (NASDAQ: QCOM) which rose by about 12% to $79.11. The stock’s 52-week range is $48.56 to $82.52. Volume was 148 million compared to the daily average volume of 15.5 million.
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