October 20, 2017: The S&P 500 closed up 0.5% at 2,575.03. The DJIA closed up 0.7% at 23,326.98. Separately, the Nasdaq was up 0.36% at 6,629.05.
Friday was a very positive day for the broad U.S. markets, closing out a record week for all three. The Dow continues to hold above 23,000 and is almost a third of the way to 24,000. Crude oil recovered from Thursday’s drop and looks to close out the week relatively flat. The S&P 500 sectors were mostly positive with a few of exceptions. The best performing sectors were financials, materials, and industrials, up 1%, 0.7%, and 1%, respectively. The worst performing sectors were consumer staples and real estate, down 0.3% and about 0.2%, respectively.
Crude oil was up about 0.7% at $51.66.
Gold was down around 0.6% at $1,281.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Celgene Corp. (NASDAQ: CELG) which traded down about 11% at $121.22. The stock’s 52-week range is $96.93 to $147.17. Volume was over 26 million versus the daily average of nearly 4 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Dover Corp. (NYSE: DOV) which rose about 6% to $94.72. The stock’s 52-week range is $65.50 to $95.18. Volume was about 3 million compared to its average volume of roughly 1 million.