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.
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