March 12, 2018: The S&P 500 closed down 0.1% at 2,783.08. The DJIA closed down 0.6% at 25,2178.82. Separately, the Nasdaq was up 0.4% at 7,588.32.
Monday was a mixed day for the broad U.S. markets. At first all three major indices started out positive, but over the course of the day they fluctuated between positive and negative with the Dow and S&P 500 ultimately ending up negative. Most of this selloff came at the end of the day. The Nasdaq sailed through the entire day without turning negative. The S&P 500 sectors were about split down the middle. The most positive sectors were real estate and utilities up 0.6% and 0.5%, respectively. The worst performing sectors were industrials and health care down 1.1% and 0.3%, respectively.
Crude oil was down 1.2% at $61.32.
Gold was relatively flat at $1,323.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was The Cooper Companies, Inc. (NYSE: COO) which traded down 3.7% at $242.09. The stock’s 52-week range is $192.24 to $260.26. Volume was nearly 1 million compared to the daily average volume of less than half a million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Micron Technology, Inc. (NASDAQ: MU) which rose about 9% to $59.51. The stock’s 52-week range is $24.94 to $61.17. Volume was over 135 million compared to the daily average volume of 43.8 million.