February 23, 2018: The S&P 500 closed up 1.6% at 2,747.47. The DJIA closed up 1.4% at 25,311.92. Separately, the Nasdaq was up 1.8% at 7,337.39.
Friday was a very positive day for the broad U.S. markets, with all three of the major exchanges closing higher on the day. Crude oil made a strong recovery and is back above $63. The S&P 500 sectors were entirely positive. The most positive sectors were utilities, energy, and technology up 2.7%, 2.1% and 1.9%, respectively. The “worst” performing sector was industrials up only 0.7%.
Crude oil was up 1.2% at $63.54.
Gold was relatively flat at $1,331.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was First Solar, Inc. (NASDAQ: FSLR) which traded down about 7% at $61.80. The stock’s 52-week range is $25.56 to $76.61. Volume was about 6 million compared to the daily average volume of roughly 2 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Hewlett Packard Enterprise Co. (NYSE: HPE) which rose over 10% to $18.10. The stock’s 52-week range is $12.70 to $18.19. Volume was 43 million compared to the daily average volume of about 11 million.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.