September 5, 2018: The S&P 500 closed down 0.3% at 2,888.71. The DJIA closed flat at 25,976.07. Separately, the Nasdaq was down 1.2% at 7,995.17.
Wednesday was a down day for the broad U.S. markets, again with relatively low volume coming off a long holiday weekend. Crude oil backed off again to fall further below $70. The S&P 500 sectors were mostly positive with a couple glaring exceptions. The most positive sectors were utilities and consumer staples up 1.2% and 1.0%, respectively. The worst performing sectors were technology and consumer discretionary down 1.4% and 1.1%, respectively.
Crude oil was last seen trading down 1.5% at $68.83.
Gold was last seen trading up 0.3% at $1,202.20.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Halliburton Co. (NYSE: HAL) which fell about 6% to $37.05. The stock’s 52-week range is $36.82 to $57.86. Volume was about 18 million compared to the daily average volume of about 8 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Dollar Tree, Inc. (NASDAQ: DLTR) which traded up over 3% at $82.67. The stock’s 52-week range is $79.17 to $116.65. Volume was nearly 7 million compared to the daily average volume of about 3 million.