December 18, 2018: The S&P 500 closed flat at 2,546.03. The DJIA closed up 0.4% at 23,677.84. Separately, the Nasdaq closed up 0.5% at 6,783.91.
Tuesday was a positive day for the broad U.S. markets. Each of the major exchanges bounced back a little after the market carnage that took place on Monday. Crude oil posted another big loss on the day dipping even further below $50. The S&P 500 sectors were more or less split down the middle. The most positive sectors were technology and consumer discretionary up 1.1% each. The worst performing sectors were energy and consumer staples down 2.0%, and 1.2%, respectively.
Crude oil was last seen down 7.1% at $46.32.
Gold was last seen trading flat at $1,252.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Phillip Morris International Inc. (NYSE: PM) which traded down over 7% at $75.14. The stock’s 52-week range is $75.14 to $111.25. Volume was roughly 13.5 million compared to the daily average volume of 5.9 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Darden Restaurants, Inc. (NYSE: DRI) which rose by more than 5% to $103.83. The stock’s 52-week range is $82.38 to $124.00. Volume was about 4 million compared to the daily average volume of 1.6 million.
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