December 1, 2017: The S&P 500 closed down 0.2% at 2,642.15. The DJIA closed down 0.17% at 24,230.70. Separately, the Nasdaq was down 0.4% at 6,847.59.
Friday was a down day for the broad U.S. markets after they posted incredible gains on Thursday. The Dow is still holding above a record 24,000 and the Nasdaq is within striking distance of 7,000. Crude oil started out slightly positive but pushed even higher over the course of the day. The S&P 500 sectors were more or less split down the middle. The best performing sector was energy, up 0.9%. The worst performing sectors were industrials and materials down 1.2% and 0.8%, respectively.
Crude oil was up 1.5% at $58.27.
Gold was up 0.6% at $1,280.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Ulta Beauty, Inc. (NASDAQ: ULTA) which traded down about 4% at $212.58. The stock’s 52-week range is $187.96 to $314.86. Volume was 6.6 million versus the daily average of 1.3 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday Apache Corp. (NYSE: APA) which rose about 5.7% to $44.22. The stock’s 52-week range is $38.14 to $69.00. Volume was 5 million compared to its average volume of 3.3 million.
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