June 27, 2018: The S&P 500 closed down 0.9% at 2,699.74. The DJIA closed down 0.7% at 24,120.78. Separately, the Nasdaq was down 1.5% at 7,445.08.
Wednesday started out as a positive day for the broad U.S. markets but ultimately ended down. Crude oil was pushed much higher in the session, for its second day in a row. The S&P 500 sectors mostly negative. The most positive sectors were energy and utilities, up 1.3% and 0.5%, respectively. The worst performing sectors were technology and consumer discretionary, down 1.3% and 1.2%, respectively.
Crude oil was last seen trading up 2.6% at $72.35.
Gold was last seen trading down 0.4% at $1,254.40.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was SCANA Corp. (NYSE: SCG) which fell about 4% to $36.79. The stock’s 52-week range is $33.61 to $69.24. Volume was about 5.7 million compared to the daily average volume of 1.5 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Diamond Offshore Drilling, Inc. (NYSE: DO) which traded up about 11% at $21.23. The stock’s 52-week range is $10.09 to $21.48. Volume was 4.1 million compared to the daily average volume of 1.7 million.