March 23 2018: The S&P 500 closed down 2.1% at 2,588.20. The DJIA closed down 1.8% at 23,532.27. Separately, the Nasdaq was down 2.4% at 6,992.67.
Friday was again an absolute disaster for the broad U.S. markets. There didn’t seem to be anything positive about Friday, with the exception of gold and oil rising. The Nasdaq was the biggest loser of the group, it lost over 2% on the day, dropping over 150 points just ahead of the close. The S&P 500 sectors were all negative. The most “positive sector” was energy down 0.6%. The worst performing sectors were financials, technology, and health care down 3.0%, 2.5% and 2.0%, respectively.
Crude oil was up 2.5% at $65.90.
Gold was up 1.6% at $1,348.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Western Digital Corp. (NASDAQ: WDC) which traded down about 8% at $92.43. The stock’s 52-week range is $76.59 to $106.96. Volume was just over 8 million compared to the daily average volume of 4.2 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Foot Locker, Inc. (NYSE: FL) which rose about 4.5% to $43.75. The stock’s 52-week range is $28.42 to $77.86. Volume was nearly 5 million compared to the daily average volume of 3.8 million.
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
