November 15, 2017: The S&P 500 closed down 0.55% at 2,564.74. The DJIA closed down 0.58% at 23,273.89. Separately, the Nasdaq was down 0.47% at 6,706.20.
Wednesday was another down day for the broad U.S. markets. Crude oil responded in kind and was down on the day as well. The S&P 500 sectors were almost entirely negative with one exception. The best performing sector was the financial sector up 0.2%. The worst performing sectors were energy and consumer staples down 1.2% and 1.1%, respectively.
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Crude oil was down 0.8% at $55.25.
Gold was down 0.3% at $1,279.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Target Corp. (NYSE: TGT) which traded down about 10% at $54.15. The stock’s 52-week range is $48.56 to $79.33. Volume was 34 million versus the daily average of 6.6 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Alaska Air Group, Inc. (NYSE: ALK) which rose over 4% to $64.43. The stock’s 52-week range is $61.10 to $101.43. Volume was 2.4 million compared to its average volume of 1.8 million.
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