May 29, 2018: The S&P 500 closed down 1.2% at 2,689.88. The DJIA closed down 1.6% at 24,362.48. Separately, the Nasdaq was down 0.5% at 7,396.59.
Tuesday was a down day for the broad U.S. markets. Crude oil saw a big drop in Tuesday’s session added to a 5% drop last week. The S&P 500 sectors were mostly negative. The most positive sectors were utilities and real estate up 0.0% and 0.3%, respectively. The worst performing sectors were financials and materials down 3.4% and 1.7% respectively.
Crude oil was last seen trading down 1.6% at $66.79.
Gold was last seen trading flat at $1,301.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was BorgWarner Inc. (NYSE: BWA) which traded down about 6% at $48.55. The stock’s 52-week range is $40.00 to $58.22. Volume was roughly 3 million compared to the daily average volume of 1.4 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Micron Technology, Inc. (NASDAQ: MU) which rose about 2% to $62.62. The stock’s 52-week range is $26.85 to $63.98. Volume was 73.6 million compared to the daily average volume of 57.5 million.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.