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.
Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
