August 10, 2018: The S&P 500 closed down 0.7% at 2,833.21. The DJIA closed down 0.8% at 25,312.94. Separately, the Nasdaq was down 0.7% at 7,839.11.
Friday was a down day for the broad U.S. markets, with all three major averages posting losses. Crude oil took a small step forward, but ultimately ended the week down. The S&P 500 sectors were almost entirely negative. The most positive sector was energy up 0.4%. The worst performing sectors were materials and financials down 1.5% and 1.1%, respectively.
Crude oil was last seen trading up 1.2% at $67.64.
Gold was last seen trading flat at $1,218.90.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was News Corp. (NASDAQ: NWSA) which fell about 15% to $13.01. The stock’s 52-week range is $12.84 to $17.29. Volume was about 5.8 million compared to the daily average volume of 1.8 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Alcoa Corp. (NYSE: AA) which traded up about 5% at $45.01. The stock’s 52-week range is $36.93 to $62.35. Volume was about 6.8 million compared to the daily average volume of 3.5 million.