October 25, 2018: The S&P 500 closed up 1.9% at 2,705.73. The DJIA closed up 1.6% at 24,984.32. Separately, the Nasdaq closed up 3.0% at 7,318.34.
Thursday was a solid day for the broad U.S. markets. All of the major averages recovered handily in the session although not completely from the massive drop on Wednesday. Crude oil inched higher in the session. The S&P 500 sectors were almost entirely positive. The most positive sectors were technology, consumer discretionary, and financials up 3.6%, 3.1%, and 1.7%, respectively. The worst performing sector was utilities down 1.7%.
Crude oil was last seen trading up 0.5% at $67.17.
Gold was last seen trading flat at $1,232.70.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Align Technology, Inc. (NASDAQ: ALGN) which fell by over 20% to $230.51. The stock’s 52-week range is $199.45 to $398.88. Volume was 8.5 million compared to the daily average volume of less than 1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Xilinx, Inc. (NASDAQ: XLNX) which traded up about 15% at $79.28. The stock’s 52-week range is $62.27 to $83.99. Volume was about 7.5 million compared to the daily average volume of less 2.5 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.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
