August 17, 2017: The S&P 500 closed down 1.5% at 2,430.15. The DJIA closed down 1.2% at 21,752.17. Separately, the Nasdaq closed down 1.9% at 6,221.91.
Thursday was a very down day for the markets — in fact it was the worst trading day since May 17, 2017. Practically everything was negative on the day and the number of stocks that posted a 1% gain or more in the S&P 500 could be counted on one hand. Although crude oil was positive, the oil & gas stocks were all down on Thursday. Out of all the sectors, tech was the worst performing and real estate was the best performing—although still negative.
Crude oil was last seen up 0.6% at $47.05.
Gold was up nearly 1% at $1,293.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was The Hershey Co. (NYSE: HSY) which traded down about 2% at $107.92. The stock’s 52-week range is $94.03 to $116.49. Volume was about 1.5 million versus the daily average of 1.0 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was NetApp, Inc. (NASDAQ: NTAP) which rose about 7% to $39.49. The stock’s 52-week range is $28.32 to $45.24. Volume was about 11 million compared to its average volume of 3.2 million.