November 9, 2018: The S&P 500 closed down 0.9% at 2,787.13. The DJIA closed down 0.8% at 25,988.21. Separately, the Nasdaq closed down 1.7% at 7,406.90.
Friday was a down day for the broad U.S. markets. After coming off a very positive Wednesday, the markets gave some of their gains back on Thursday and again on Friday. Crude oil continued lower yet again, this time below $60. The S&P 500 sectors were mostly negative. The most positive sectors were consumer staples and real estate up 0.7% and 0.1%, respectively. The worst performing sectors were technology and materials down 1.6% and 1.3%, respectively.
Crude oil was last seen trading down 1.2% at $59.97.
Gold was last seen trading down 1.3% at $1,209.60.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was PG&E Corp. (NYSE: PCG) which fell by about 16% to $39.82. The stock’s 52-week range is $37.30 to $57.11. Volume was 22 million compared to the daily average volume of 5.9 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Monster Beverage Corp. (NASDAQ: MNST) which traded up about 5% at $56.84. The stock’s 52-week range is $47.61 to $70.22. Volume was about 5 million compared to the daily average volume of 3.1 million.
In 20 Years, I Haven’t Seen A Cash Back Card This Good
After two decades of reviewing financial products I haven’t seen anything like this. Credit card companies are at war, handing out free rewards and benefits to win the best customers.
A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges.
Our top pick today pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.