October 3, 2018: The S&P 500 closed flat at 2,925.63. The DJIA closed up 0.2% at 26,831.73. Separately, the Nasdaq closed up 0.3% at 8,025.08.
Wednesday was a relatively positive day for the broad U.S. markets, with each of the major indices slightly higher on the day. The Dow hit another intraday all-time high in the session and the S&P 500 was within one point of its intraday all-time high as well. Crude oil pushed higher again this week reaching over $76. The S&P 500 sectors were more or less split down the middle. The most positive sectors were finance and energy up 1.0% and 0.9%, respectively. The worst performing sectors were utilities and consumer staples down 1.4% and 1.1%, respectively.
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Crude oil was last seen trading up 1.6% at $76.41.
Gold was last seen trading down 0.4% at $1,202.50.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close International Paper Co. (NYSE: IP) which fell about 4% to $48.37. The stock’s 52-week range is $48.25 to $66.94. Volume was nearly 5 million compared to the daily average volume of 2.3 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was SVB Financial Group (NASDAQ: SIVB) which traded up about 5% at $321.80. The stock’s 52-week range is $180.33 to $333.74. Volume was 0.4 million compared to the daily average volume of 0.4 million.
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