December 5, 2017: The S&P 500 closed down 0.4% at 2,629.57. The DJIA closed down 0.5% at 24,179.26. Separately, the Nasdaq was down 0.2% at 6,762.21.
Tuesday was a down day for the broad U.S. markets. All three indices started out positive on the day but ended up closing negative. The Dow is still holding above 24,000. Crude oil again pushed lower in Tuesday’s session. The S&P 500 sectors were practically all negative. The best performing sector was technology up less than 0.1%. The worst performing sectors were utilities, industrials, and financials down 1.3%, 0.9%, and 0.6%, respectively.
Crude oil was down 1.3% at $57.62.
Gold was down 1% at $1,265.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Edison International (NYSE: EIX) which traded down about 13% at $70.00. The stock’s 52-week range is $68.76 to $83.38. Volume was over 16 million versus the daily average of 1.7 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday First Solar, Inc. (NASDAQ: FSLR) which rose about 7% to $61.21. The stock’s 52-week range is $25.56 to $63.10. Volume was over 5 million compared to its average volume of 2.5 million.