June 13, 2018: The S&P 500 closed down 0.4% at 2,775.70. The DJIA closed down 0.5% at 25,203.85. Separately, the Nasdaq was flat at 7,695.70.
Wednesday was a down day for the broad U.S. markets. Again, the Nasdaq hit an all-time high in the session reaching even higher above 7,700 before closing flat. The S&P 500 is holding just below the 2,800 mark. Crude oil made some progress on Wednesday moving closer to $67. The S&P 500 sectors were mostly negative. The most positive sectors were consumer discretionary and health care, up 0.2% and flat, respectively. The worst performing sectors were real estate and materials, down 2.2% and 1.0%, respectively.
Crude oil was last seen trading up about 0.5% at $66.70.
Gold was last seen trading up 0.3% at $1,303.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was PulteGroup, Inc. (NYSE: PHM) which traded down about 7% at $30.72. The stock’s 52-week range is $23.72 to $35.21. Volume was over 8 million compared to the daily average volume of 4.3 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Twenty-First Century Fox, Inc. (NASDAQ: FOXA) which rose about 7% to $43.40. The stock’s 52-week range is $24.81 to $43.90. Volume was about 41 million compared to the daily average volume of 9.6 million.