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.
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