April 2, 2018: The S&P 500 closed down 2.2% at 2,681.73. The DJIA closed down 1.9% at 23,641.16. Separately, the Nasdaq was down 2.7% at 6,870.12.
Monday was a down day for the broad U.S. markets, with each index posting a loss of at least 1.9%. With Monday’s lower close that marks the eleventh time out of the past 15 trading sessions that the S&P 500 has closed lower. The S&P 500 sectors were entirely negative. The most “positive” sector was utilities down 0.8%. The worst performing sectors were consumer discretionary, technology, and consumer staples, down 2.8%, 2.4%, and 2.3%, respectively.
Crude oil was down 2.8% at $63.12.
Gold was up 1.4% at $1,340.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Concho Resources Inc. (NYSE: CXO) which traded down about 7% at $140.01. The stock’s 52-week range is $106.73 to $162.91. Volume was about 3 million compared to the daily average volume of 1.5 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Humana Inc. (NYSE: HUM) which rose over 4% to $280.36. The stock’s 52-week range is $206.68 to $293.35. Volume was 3.2 million compared to the daily average volume of 1.1 million.
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