December 4, 2018: The S&P 500 closed down 3.2% at 2,700.39. The DJIA closed down 3.1% at 25,031.41. Separately, the Nasdaq closed down 3.8% at 7,158.43.
Tuesday was a massively down day for the broad U.S. markets. Each of the major averages took a huge hit completely wiping out Monday’s gains. Crude oil was more or less flat on the day. The S&P 500 sectors were entirely negative. The most “positive” sector was utilities down less than 0.1%. The worst performing sectors were financial, industrial and technology down 4.4%, 4.1% and 3.7%, respectively.
Crude oil was last seen trading flat at $52.90.
Gold was last seen trading up 0.4% at $1,238.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was United Rentals, Inc. (NYSE: URI) which traded down about 11% at $106.16. The stock’s 52-week range is $105.95 to $190.74. Volume was roughly 3 million compared to the daily average volume of 2 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was AutoZone, Inc. (NYSE: AZO) which rose by about 7% to $881.24. The stock’s 52-week range is $590.76 to $893.18. Volume was about 1 million compared to the daily average volume of 343,000.
Credit card companies are handing out 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. See our top picks for the best credit cards today. You won’t want to miss some of these offers.
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.
Latest from 24/7
