April 30, 2018: The S&P 500 closed down 0.8% at 2,648.09. The DJIA closed down 0.6% at 24,163.84. Separately, the Nasdaq was down 0.8% at 7,066.27.
Monday was a down day for the broad U.S. markets although the day did start out on a positive note. Crude oil made a solid push in the session and is still less than $2 away from $70. The S&P 500 sectors were almost entirely negative. The most positive sector was energy which was flat. The worst performing sectors were health care and materials down 1.5% and 1.3%, respectively.
Crude oil was up 0.5% at $68.44.
Gold was down 0.4% at $1,317.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was First Solar Inc. (NASDAQ: FSLR) which traded down about 9% at $70.96. The stock’s 52-week range is $29.23 to $81.72. Volume was over 5 million compared to the daily average volume of 1.6 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was McDonald’s Corp. (NYSE: MCD) which rose nearly 6% to $167.41. The stock’s 52-week range is $139.84 to $178.70. Volume was nearly 13 million compared to the daily average volume of 5 million.