July 30, 2018: The S&P 500 closed down 0.6% at 2,802.71. The DJIA closed down 0.6% at 25,307.70. Separately, the Nasdaq was down 1.4% at 7,630.00.
Monday was a down day for the broad U.S. markets, with the Nasdaq taking the worst of the punishment. Crude oil made some solid progress in the session and is back at $70. The S&P 500 sectors were mostly negative. The most positive sector was energy up 0.7%. The worst performing sectors were technology, industrials, and consumer discretionary down 1.5%, 1.0% and 0.9%, respectively.
Crude oil was last seen trading up 2.0% at $70.08.
Gold was last seen trading flat at $1,231.50.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Tyson Foods, Inc. (NYSE: TSN) which fell over 7% to $58.71. The stock’s 52-week range is $58.33 to $84.65. Volume was just about 7 million compared to the daily average volume of 2.1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Franklin Resources, Inc. (NYSE: BEN) which traded up over 5% at $34.26. The stock’s 52-week range is $31.28 to $45.96. Volume was 5.5 million compared to the daily average volume of 3.1 million.