August 17, 2017: The S&P 500 closed down 1.5% at 2,430.15. The DJIA closed down 1.2% at 21,752.17. Separately, the Nasdaq closed down 1.9% at 6,221.91.
Thursday was a very down day for the markets — in fact it was the worst trading day since May 17, 2017. Practically everything was negative on the day and the number of stocks that posted a 1% gain or more in the S&P 500 could be counted on one hand. Although crude oil was positive, the oil & gas stocks were all down on Thursday. Out of all the sectors, tech was the worst performing and real estate was the best performing—although still negative.
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Crude oil was last seen up 0.6% at $47.05.
Gold was up nearly 1% at $1,293.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was The Hershey Co. (NYSE: HSY) which traded down about 2% at $107.92. The stock’s 52-week range is $94.03 to $116.49. Volume was about 1.5 million versus the daily average of 1.0 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was NetApp, Inc. (NASDAQ: NTAP) which rose about 7% to $39.49. The stock’s 52-week range is $28.32 to $45.24. Volume was about 11 million compared to its average volume of 3.2 million.
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