Investing

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

Thinkstock

October 18, 2017: The S&P 500 closed relatively flat at 2,561.24. The DJIA closed up 0.69% at 23,156.84. Separately, the Nasdaq was relatively flat at 6,624.22.

Wednesday was a positive day for the U.S. broad markets and again all exchanges hit new all-time highs. The Dow performed especially well, breaking and holding above 23,000. Crude oil posted another positive day and continues to press above $50. The S&P 500 sectors were mostly negative but the Financial sector helped to offset the losses from the other sectors, up about 0.5%. The worst performing sectors were energy, consumer discretionary, and materials, down 0.7%, 0.26%, and 0.24%, respectively.

Crude oil was up slightly 0.3% at $52.03.

Gold was down 0.3% at $1,282.60.

The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Allergan PLC (NYSE: AGN) which traded down over 5% at $187.06. The stock’s 52-week range is $184.50 to $256.80. Volume was over 13 million versus the daily average of nearly 2.5 million shares.

The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was International Business Machines Corp. (NYSE: IBM) which rose about 9% to $159.62. The stock’s 52-week range is $139.13 to $182.79. Volume was about 30 million compared to its average volume of nearly 4 million.

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.