August 22, 2018: The S&P 500 closed flat at 2,861.85. The DJIA closed down 0.3% at 25,734.01. Separately, the Nasdaq was up 0.4% at 7,889.10.
Wednesday was a mixed day for the broad U.S. markets, with each of the major index averages going in a different direction. Crude oil posted another solid gain in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and technology up 1.4% and 0.4%, respectively. The worst performing sectors were utilities and industrials down 0.9% and 0.8%, respectively.
Crude oil was last seen trading up 3.2% at $67.96.
Gold was last seen trading up 0.5% at $1,203.00.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was CenturyLink, Inc. (NYSE: CTL) which fell about 6.5% to $22.43. The stock’s 52-week range is $13.16 to $24.20. Volume was about 20 million compared to the daily average volume of 9.1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Lowe’s Corp. (NYSE: LOW) which traded up over 5% at $105.39. The stock’s 52-week range is $70.76 to $109.80. Volume was nearly 24 million compared to the daily average volume of 4.6 million.