Wednesday's Biggest Winners and Losers Among the S&P 500

Investing

Published: August 30, 2017 4:13 pm

Last Updated: January 12, 2020 8:38 am

August 30, 2017: The S&P 500 closed up 0.46% at 2,457.59. The DJIA closed up 0.12% at 21,892.43 and the Nasdaq closed up 1.05% at 6,368.31.

Following a mixed opening, traders took a liking to equities again and the S&P 500 index traded higher after a mid-morning climb out of a negative start. Tech and materials were the best performing sectors while telecom and utilities were the worst performers. A good ADP report on jobs and a solid and surprising gain in the second estimate for second-quarter GDP certainly played a role in the day’s move higher.

Crude oil was last seen down about 1.1% at $45.94.

Gold settled down 0.4% at $1,314.10.

The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was H&R Block Inc. (NYSE: HRB) which traded down about 8.3% at $26.81. The stock’s 52-week range is $19.85 to $31.80. Volume was 7.7 million versus the daily average of 3 million shares.

The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Incyte Corp. (NASDAQ: INCY) which rose about 10.6% to $138.26. The stock’s 52-week range is $77.58 to $153.15. Volume was 2.7 million compared to its average volume of 1.3 million.

24/7 Wall St.
Top Tech and Blue Chips Highlight Jefferies Growth Stocks to Buy

The Average American Is Losing Momentum on Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%* today. Checking accounts are even worse.

But there is good news. To win qualified customers, some accounts are paying nearly 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

^*https://www.fdic.gov/national-rates-and-rate-caps