March 19 2018: The S&P 500 closed down 1.4% at 2,712.95. The DJIA closed down 1.3% at 24,611.53. Separately, the Nasdaq was down 1.8% at 7,344.24.
Monday was a very bad way to start out the week for the broad U.S. markets. All three major indices saw a drop of at least 1.3%. Although the day started out negative, the losses only stretched as the day went on. The S&P 500 sectors were entirely negative. The most “positive” sectors were utilities and financials down 0.7%, and 0.8%, respectively. The worst performing sectors were technology, energy, and health care down 2.0%, 1.6%, and 1.6%, respectively.
Crude oil was down 0.3% at $62.17.
Gold was up 0.4% at $1,316.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Frontier Communications Corp. (NASDAQ: FTR) which traded down over 8% at $7.02. The stock’s 52-week range is $6.08 to $37.65. Volume was 4.7 million compared to the daily average volume of 3.3 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Signet Jewelers Limited (NYSE: SIG) which rose about 2% to $39.48. The stock’s 52-week range is $187.96 to $314.86. Volume was 3.8 million compared to the daily average volume of 2.8 million.
It’s Your Money, Your Future—Own It (sponsor)
Retirement can be daunting, but it doesn’t need to be.
Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.