December 6, 2017: The S&P 500 closed flat at 2,629.31. The DJIA closed down 0.16% at 24,142.49. Separately, the Nasdaq was up 0.2% at 6,776.38.
Wednesday was a mixed day for the broad U.S. markets. All three indices shifted from positive to negative multiple times throughout the session. The Dow is still holding above 24,000 but it has backed off from its all-time high. Crude oil again tanked in Wednesday’s session. The S&P 500 sectors were fairly mixed on the day. The best performing sectors were technology and consumer staples up 0.7% and 0.6%, respectively. The worst performing sectors were energy and consumer discretionary down 1.3% and 0.7%, respectively.
Crude oil was down 4.2% at $55.93.
Gold was down 1.2% at $1,262.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Newfield Exploration Co. (NYSE: NFX) which traded down about 7% at $28.44. The stock’s 52-week range is $24.41 to $50.00. Volume was 2.5 million versus the daily average of 2.7 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday Brown-Forman Corp. (NYSE: BF.B) which rose nearly 7% to $66.01. The stock’s 52-week range is $64.29 to $67.98. Volume was over just over 1 million compared to its average volume of 0.7 million.