October 23, 2017: The S&P 500 closed down 0.39% at 2,565.16. The DJIA closed down 0.23% at 23,275.00. Separately, the Nasdaq was down 0.64% at 6,586.83.
Monday started out as a positive day for the broad U.S. markets, but each of the major averages fell over the course of the day to post a loss. Crude oil remained relatively flat compared to last week. The S&P 500 sectors were mostly negative with a one sector posting a minimal gain. The best performing sector was utilities up 0.07%. The worst performing sectors were consumer discretionary and industrials, down 0.7% and about 0.6%, respectively.
Crude oil was relatively flat at $51.85.
Gold was up slightly 0.3% at $1,283.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Hasbro, Inc. (NASDAQ: HAS) which traded down about 9% at $89.73. The stock’s 52-week range is $77.20 to $116.20. Volume was over 6.5 million versus the daily average of 1.4 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Seagate Technology, PLC (NASDAQ: STX) which rose about 12.6% to $39.35. The stock’s 52-week range is $30.60 to $50.96. Volume was about 33 million compared to its average volume of 5.5 million.
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