Investing

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

xijian / Getty Images

November 7, 2018: The S&P 500 closed up 2.1% at 2,813.67. The DJIA closed up 2.1% at 26,178.27. Separately, the Nasdaq closed up 2.6% at 7,570.75.

Wednesday was a positive day for the broad U.S. markets. Each of the major averages tacked on a gain of at least 2% in the session. Crude oil turned lower yet again. The S&P 500 sectors were entirely positive. The most positive sectors were health care, technology, and consumer discretionary up 2.8%, 2.7%, and 2.5%, respectively. The “worst” performing sector was consumer staples up only 0.5%.

Crude oil was last seen trading down 0.9% at $61.64.

Gold was last seen trading flat at $1,227.00.

The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Michael Kors Holdings Limited (NYSE: KORS) which fell by about 15% to $48.58. The stock’s 52-week range is $47.47 to $75.96. Volume was over 14 million compared to the daily average volume of 2.4 million.

The S&P 500 stock posting the largest daily percentage gain ahead of the close was Cimarex Energy Co. (NYSE: XEC) which traded up about 11% at $92.67. The stock’s 52-week range is $77.63 to $130.16. Volume was over 5 million compared to the daily average volume of 1.5 million.

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

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