December 6, 2018: The S&P 500 closed down 0.2% at 2,695.93. The DJIA closed down 0.3% at 24,949.91. Separately, the Nasdaq closed up 0.4% at 7,188.26.
Thursday was a down day for the broad U.S. markets. Each of the major averages fell more than 2% to start out the day, but as the session went on things improved massively. Crude oil posted another loss on the day. The S&P 500 sectors were almost entirely negative with a big exception. The most positive sectors were real estate and consumer staples up 2.2% and 0.3%, respectively. The worst performing sectors were energy and materials down 2.0% and 1.5%, respectively.
Crude oil was last seen trading down 2.3% at $51.67.
Gold was last seen trading flat at $1,242.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was SVB Financial Group (NASDAQ: SIVB) which traded down about 9% at $218.19. The stock’s 52-week range is $207.51 to $333.74. Volume was roughly 2.5 million compared to the daily average volume of 650,000.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Hewlett Packard Enterprise Co. (NYSE: HPE) which rose by about 6% to $15.99. The stock’s 52-week range is $14.12 to $19.48. Volume was about 27.4 million compared to the daily average volume of 10.4 million.
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