November 29, 2018: The S&P 500 closed down 0.2% at 2,737.85. The DJIA closed flat at 25,339.79. Separately, the Nasdaq closed down 0.3% at 7,273.08.
Thursday was a relatively flat day for the broad U.S. markets. Each of the major averages started out the session on a negative note but as the day went on things got better, although not entirely positive. Crude oil bounced back after touching near $50 on Wednesday. The S&P 500 sectors were more or less split down the middle. The most positive sectors were materials and energy up 0.8%, and 0.7%, respectively. The worst performing sectors were financial services and technology down 0.8% and 0.8%, respectively.
Crude oil was last seen trading up 2.2% at $51.39.
Gold was last seen trading flat at $1,229.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Quest Diagnostics Inc. (NYSE: DGX) which traded down about 9% at $88.00. The stock’s 52-week range is $87.40 to $116.49. Volume was 4.2 million compared to the daily average volume of 1.1 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Dollar Tree, Inc. (NASDAQ: DLTR) which rose by about 6% to $88.11. The stock’s 52-week range is $78.78 to $116.65. Volume was about 11.8 million compared to the daily average volume of 4.1 million.
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