December 13, 2017: The S&P 500 closed relatively flat at 2,663.21. The DJIA closed up 0.3% at 24,588.94. Separately, the Nasdaq was 0.2% at 6,875.80.
Wednesday was a positive day for the broad U.S. markets. Again the Dow and S&P 500 hit intraday highs, while the Nasdaq is working to catch up. Crude oil slid for the second day in a row. The S&P 500 sectors were mostly positive on the day with one very large exception. The best performing sectors were consumer staples and industrials up 0.55% and 0.38%, respectively. The worst performing sectors were financials and energy down 1.3% and 0.16%, respectively.
Crude oil was down 0.8% at $56.66.
Gold was up 1.3% at $1,257.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Twenty-First Century Fox, Inc. (NASDAQ: FOXA) which traded down about 4% at $32.75. The stock’s 52-week range is $24.81 to $34.75. Volume was 20.8 million versus the daily average of 10 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was CenturyLink, Inc. (NYSE: CTL) which rose over 6% to $16.75. The stock’s 52-week range is $13.16 to $27.61. Volume was 20 million compared to its average volume of 15 million.