August 27, 2018: The S&P 500 closed up 0.8% at 2,896.68. The DJIA closed up 1.0% at 26,049.34. Separately, the Nasdaq was up 0.9% at 8,017.90.
Friday was a positive day for the broad U.S. markets, with the S&P 500 and Nasdaq hitting new all-time highs. The DJIA hit its highest level since early February. Crude oil posted another small gain in the session. The S&P 500 sectors were almost all positive. The most positive sectors were financials and materials up 1.3% and 1.2%, respectively. The worst performing sectors were utilities and real estate down 0.6% and 0.2%, respectively.
Crude oil was last seen trading up 0.2% at $68.86.
Gold was last seen trading up 0.2% at $1,216.00.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Chipotle Mexican Grill, Inc. (NYSE: CMG) which fell about 5% to $495.50. The stock’s 52-week range is $247.52 to $530.68. Volume was about 1.3 million compared to the daily average volume of nearly 1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was General Motors Co. (NYSE: GM) which traded up about 5% at $37.68. The stock’s 52-week range is $34.50 to $46.76. Volume was about 16.1 million compared to the daily average volume of 12.1 million.