Investing
Wednesday's Biggest Winners and Losers in the S&P 500
Published:
Last Updated:
September 20, 2017: The S&P 500 closed relatively flat at 2,508.15. The DJIA closed up 0.2% at 22,411.25. Separately, the Nasdaq was down 0.1% at 6,456.04.
Wednesday was a relatively flat day for the broad U.S. markets with two out of the three major averages hitting new all-time highs in the session. Crude oil was up on the day and oil & gas stocks were responding positively. The best performing S&P 500 sector was industrials, up about 0.7%. Finance and energy were the next best performing sectors, both coming in around 0.5%. Consumer staples was the worst performing sector on the day, down about 1%, although this was closely followed by utilities.
Crude oil was up 1.7% at $50.30.
Gold was down 0.6% at $1,302.40.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was L Brands, Inc. (NYSE: LB) which traded down over 5% at $37.22. The stock’s 52-week range is $35.00 to $75.94. Volume was 5.8 million versus the daily average of 4.3 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Chesapeake Energy Corp.(NYSE: CHK) which rose about 3.6% to $4.18. The stock’s 52-week range is $3.55 to $8.20. Volume was more or less 37 million compared to its average volume of 33.0 million.
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.