August 1, 2018: The S&P 500 closed flat at 2,813.62. The DJIA closed down 0.3% at 25,336.43. Separately, the Nasdaq was up 0.5% at 7,707.29.
Wednesday was a mixed day for the broad U.S. markets. All of the major averages started off the day on a positive note but the Dow and S&P 500 quickly turned negative. Crude oil basically continued to bleed on Wednesday. The S&P 500 sectors were mostly negative. The most positive sectors were technology and real estate up 0.9% and 0.5%, respectively. The worst performing sectors were energy and industrials down 1.3% and 1.1%, respectively.
Crude oil was last seen trading down 1.4% at $67.80.
Gold was last seen trading down 0.6% at $1,225.70.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Hanesbrands Inc. (NYSE: HBI) which fell about 19% to $17.97. The stock’s 52-week range is $16.38 to $25.73. Volume was just about 27 million compared to the daily average volume of 6.4 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Apple Inc. (NASDAQ: AAPL) which traded up about 6% at $201.37. The stock’s 52-week range is $149.16 to $201.60. Volume was about 67 million compared to the daily average volume of 24 million.