July 30, 2018: The S&P 500 closed down 0.6% at 2,802.71. The DJIA closed down 0.6% at 25,307.70. Separately, the Nasdaq was down 1.4% at 7,630.00.
Monday was a down day for the broad U.S. markets, with the Nasdaq taking the worst of the punishment. Crude oil made some solid progress in the session and is back at $70. The S&P 500 sectors were mostly negative. The most positive sector was energy up 0.7%. The worst performing sectors were technology, industrials, and consumer discretionary down 1.5%, 1.0% and 0.9%, respectively.
Crude oil was last seen trading up 2.0% at $70.08.
Gold was last seen trading flat at $1,231.50.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Tyson Foods, Inc. (NYSE: TSN) which fell over 7% to $58.71. The stock’s 52-week range is $58.33 to $84.65. Volume was just about 7 million compared to the daily average volume of 2.1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Franklin Resources, Inc. (NYSE: BEN) which traded up over 5% at $34.26. The stock’s 52-week range is $31.28 to $45.96. Volume was 5.5 million compared to the daily average volume of 3.1 million.
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
