June 21, 2018: The S&P 500 closed down 0.6% at 2,749.73. The DJIA closed down 0.8% at 24,461.84. Separately, the Nasdaq was down 0.9% at 7,712.95.
Thursday started out as a down day for the broad U.S. markets and only got worse from there. The S&P 500 and Nasdaq indexes pulled back even further from their highs. Crude oil more or less traded sideways in the session. The S&P 500 sectors were mostly negative. The most positive sectors were real estate and utilities, up 0.6% and 0.3%, respectively. The worst performing sectors were energy and industrials, down 1.9% and 1.2%, respectively.
Crude oil was last seen trading flat at $65.76.
Gold was last seen trading down 0.4% at $1,269.80.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Frontier Communications Corp. (NASDAQ: FTR) which fell about 8% to $6.70. The stock’s 52-week range is $6.08 to $18.60. Volume was 8.1 million compared to the daily average volume of 3.2 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close Darden Restaurants, Inc. (NYSE: DRI) which traded up nearly 15% at $107.06. The stock’s 52-week range is $76.27 to $107.72. Volume was 7.7 million compared to the daily average volume of 1.6 million.