September 7, 2018: The S&P 500 closed down 0.2% at 2,871.87. The DJIA closed down 0.3% at 25,918.10. Separately, the Nasdaq was down 0.3% at 7,902.54.
Friday was a down day for the broad U.S. markets, closing out what has been a terrible week for the Nasdaq (down about 2.5%). Crude oil traded sideways to close out the week. The S&P 500 sectors were almost entirely negative. The most positive sector was healthcare up 0.1%. The worst performing sectors were utilities, technology, and materials down 1.3%, 1.2%, and 0.7%, respectively.
Crude oil was last seen trading flat at $67.85.
Gold was last seen trading down 0.3% at $1,201.10.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was T. Rowe Price Group, Inc. (NASDAQ: TROW) which fell about 5% to $107.70. The stock’s 52-week range is $81.77 to $127.43. Volume was about 2.5 million compared to the daily average volume of 1.1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Broadcom Inc. (NASDAQ: AVGO) which traded up over 7% at $232.57. The stock’s 52-week range is $197.46 to $285.68. Volume was over 9 million compared to the daily average volume of 5 million.