March 14, 2018: The S&P 500 closed down 0.6% at 2,749.61. The DJIA closed down 1.0% at 24,759.12. Separately, the Nasdaq was down 0.2% at 7,496.81.
Wednesday was a down day for the broad U.S. markets. At first all three major indices started out positive, but each quickly slipped to negative. Again, most of this selloff came at the end of the day. The S&P 500 sectors were mostly negative. The most positive sectors were utilities and real estate up 1.0% and 0.2%, respectively. The worst performing sectors were materials and financials down 1.3% and 1.2%, respectively.
Crude oil was up 0.3% at $60.88.
Gold was relatively flat at $1,325.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Signet Jewelers Limited (NYSE: SIG) which traded down about 20% at $38.14. The stock’s 52-week range is $38.11 to $77.94. Volume was 25.5 million compared to the daily average volume of 2.1 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was TripAdvisor, Inc. (NASDAQ: TRIP) which rose about 4% to $44.00. The stock’s 52-week range is $29.50 to $50.95. Volume was nearly 3 million compared to the daily average volume of 3.3 million.