August 2, 2018: The S&P 500 closed up 0.6% at 2,827.33. The DJIA closed flat at 25,327.17. Separately, the Nasdaq was up 1.2% at 7,802.69.
Thursday was a relatively positive day for the broad U.S. markets. All of the major averages started off the day in the red but the S&P 500 and Nasdaq quickly turned it around, while the Dow seemed to struggle throughout the session. Crude oil turned it around on Thursday but still doesn’t seem like its going in any particular direction. The S&P 500 sectors were mostly positive. The most positive sectors were technology and consumer staples up 1.2% and 1.1%, respectively. The worst performing sectors were materials and real estate down 0.7% and 0.6%, respectively.
Crude oil was last seen trading up 2% at $69.00.
Gold was last seen trading down 0.8% at $1,217.30.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was TripAdvisor, Inc. (NASDAQ: TRIP) which fell about 12% to $50.40. The stock’s 52-week range is $29.50 to $62.36. Volume was over 10 million compared to the daily average volume of 2.7 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was CF Industries Holdings, Inc. (NYSE: CF) which traded up about 12% at $49.34. The stock’s 52-week range is $27.77 to $49.35. Volume was about 7 million compared to the daily average volume of 2.6 million.