November 29, 2017: The S&P 500 closed relatively flat at 2,626.03. The DJIA closed up 0.4% at 23,940.24. Separately, the Nasdaq was down 1.3% at 6,824.34.
Wednesday was a mixed day for U.S. broad markets in general. While the Dow cruised to new highs and even closer to the 24,000 mark, the Nasdaq took a big step back and gave back all of its gains and then some after tech stocks took a dive. Crude oil took a step back again on Wednesday. The S&P 500 sectors were practically all positive in the session with a couple of exceptions. The best performing sectors were financials, industrials, and energy, up 1.7%, 0.9% and 0.6%, respectively. The worst performing sectors were technology and real estate down 2.2% and 0.2%, respectively.
Crude oil was down 1.3% at $57.38.
Gold was down 0.9% at $1,283.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Autodesk, Inc. (NASDAQ: ADSK) which traded down about 16% at $109.34. The stock’s 52-week range is $68.06 to $130.92. Volume was 19.3 million versus the daily average of 1.6 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Target Corp. (NYSE: TGT) which rose about 9% to $61.68. The stock’s 52-week range is $48.56 to $78.58. Volume was 18.4 million compared to its average volume of 6.7 million.