February 28, 2019: The S&P 500 closed down 0.3% at 2,784.57. The DJIA closed down 0.3% at 25,915.93. Separately, the Nasdaq closed down 0.3% at 7,532.53.
Thursday was a down day for the broad U.S. markets. We saw the J.C. Penney report lead retailers today. And as this week closes out tomorrow we are looking forward to the last few major retailers posting their quarterly results. Crude oil made a slight gain in the session. The S&P 500 sectors were mostly negative. The most positive sectors were utilities and real estate up 0.7% and 0.6%, respectively. The worst performing sectors were materials and energy, down 1.3% and 1.0%, respectively.
Crude oil was last seen up 0.5% at $57.23.
Gold was last seen trading down 0.5% at $1,315.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Booking Holdings Inc. (NASDAQ: BKNG) which traded down about 11% at $1697.04. The stock’s 52-week range is $1,606.27 to $2,228.99. Volume was about 1.8 million compared to the daily average volume of about half a million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Monster Beverage Corp. (NASDAQ: MNST) which rose by over 8% to $63.83. The stock’s 52-week range is $47.61 to $66.38. Volume was about 8 million compared to the daily average volume of 3.2 million.
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