July 20, 2018: The S&P 500 closed flat at 2,801.92. The DJIA closed flat at 25,057.92. Separately, the Nasdaq was flat at 7,820.20.
Thursday was a flat day for the broad U.S. markets, although each one of the major averages was fairly positive at one point in the day. Crude oil made another solid gain in the session putting it back above $70. The S&P 500 sectors were mostly negative. The most positive sectors were consumer staples and financials up 0.6% and 0.3%, respectively. The worst performing sectors were real estate and utilities down 0.8% and 0.6%, respectively.
Crude oil was last seen trading up 1.2% at $70.31.
Gold was last seen trading up 0.5% at $1,229.60.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was State Street Corp. (NYSE: STT) which fell more than 7% to $86.13. The stock’s 52-week range is $84.56 to $114.27. Volume was about 10 million compared to the daily average volume of 1.6 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Cintas Corp. (NASDAQ: CTAS) which traded up 5% at $203.55. The stock’s 52-week range is $130.09 to $204.27. Volume was 1.2 million compared to the daily average volume of less than half a million.