September 17, 2018: The S&P 500 closed down 0.6% at 2,888.95. The DJIA also closed down 0.4% at 26,062.02. Separately, the Nasdaq was down 1.4% at 7,895.79.
Monday was a down day for the broad U.S. markets with the Nasdaq especially taking it on the chin. Crude oil pulled back in the session as well. The S&P 500 sectors were more or less split down the middle. The most positive sectors were real estate and utilities up 0.5% and 0.4%. The worst performing sectors were consumer discretionary and technology down 1.2% each.
Crude oil was last seen trading down 0.5% at $68.68.
Gold was last seen trading up 0.4% at $1,205.30.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was ABIOMED, Inc. (NASDAQ: ABMD) which fell nearly 7% to $369.08. The stock’s 52-week range is $155.57 to $450.93. Volume was just less than 1 million compared to the daily average volume of 0.6 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Frontier Communications Corp. (NASDAQ: FTR) which traded up about 10% at $6.40. The stock’s 52-week range is $4.52 to $13.12. Volume was about 5.5 million compared to the daily average volume of 3.4 million.