January 29, 2018: The S&P 500 closed down 0.7% at 2,853.31. The DJIA closed down 0.7% at 26,436.02. Separately, the Nasdaq down 0.5% at 7,466.51.
Monday was a down day for the U.S. markets. Although the markets have been pushing new highs recently, today was not one of those days. Crude oil started the week out on a negative note, pulling back from $66. The S&P 500 sectors were all negative in Monday’s session. The most “positive” sector was health care down 0.1%. The worst performing sectors were utilities, real estate, and materials each down about 1.1%.
Crude oil was down 0.9% at $65.53.
Gold was down 0.9% at $1339.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Wynn Resorts, Limited (NASDAQ: WYNN) which traded down roughly 9% at $163.45. The stock’s 52-week range is $92.67 to $203.63. Volume was about 26 million compared to the daily average volume of 2.2 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Gilead Sciences, Inc. (NASDAQ: GILD) which rose about 4% to $88.78. The stock’s 52-week range is $63.76 to $89.54. Volume was roughly 18 million compared to the daily average volume of about 8 million.
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