June 4, 2018: The S&P 500 closed up 0.5% at 2,746.88. The DJIA closed up 0.7% at 24,813.27. Separately, the Nasdaq was up 0.7% at 7,606.46.
Monday was a solid day for the broad U.S. markets starting out the week with a gain. The Nasdaq closed at a record high, and for the first time above 7,600. Crude oil continued to back off, dropping below $65. The S&P 500 sectors were mostly positive. The most positive sectors were real estate and consumer discretionary up 0.9% and 1.1%, respectively. The worst performing sectors were utilites and energy down 0.8% and 0.9%, respectively.
Crude oil was last seen trading down 1.3% at $64.94.
Gold was last seen trading down 0.2% at $1,296.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was First Solar, Inc. (NASDAQ: FSLR) which traded down about 6% at $61.74. The stock’s 52-week range is $35.33 to $81.72. Volume was 5.4 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 was Target Corp. (NYSE: TGT) which rose 5% to $76.36. The stock’s 52-week range is $48.56 to $78.70. Volume was 6.8 million compared to the daily average volume of 5.6 million.