August 28, 2018: The S&P 500 closed flat at 2,897.71. The DJIA closed flat at 26,067.27. Separately, the Nasdaq was also flat at 8,030.04.
Tuesday was a positive day for the broad U.S. markets, with the S&P 500 and Nasdaq hitting new all-time highs in the session. The DJIA again hit its highest level since early February. Crude oil backed off slightly. The S&P 500 sectors were mostly negative. The most positive sectors were real estate and consumer discretionary up 1.1% and 0.2%, respectively. The worst performing sectors were materials and energy down 0.5% and 0.4%, respectively.
Crude oil was last seen trading down 0.3% at $68.64.
Gold was last seen trading down 0.7% at $1,207.00.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Best Buy Co., Inc. (NYSE: BBY) which fell about 5% to $77.39. The stock’s 52-week range is $51.61 to $84.37. Volume was about 4 million compared to the daily average volume of 3 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was PG&E Corp. (NYSE: PCG) which traded up about 4% at $45.56. The stock’s 52-week range is $37.30 to $71.57. Volume was over 9 million compared to the daily average volume of nearly 6 million.