September 24, 2018: The S&P 500 closed down 0.3% at 2,919.38. The DJIA closed down 0.7% at 26,562.18. Separately, the Nasdaq was flat at 7,993.25.
Monday was a down day for the broad U.S. markets. The S&P 500 and the Dow pulled back from their all-time highs. Crude oil made a sizeable move and pushed even higher above $70. The S&P 500 sectors were mostly negative. The most positive sectors were energy and technology up 1.5% and 0.5%, respectively. The worst performing sectors were industrials and consumer staples down 1.6% and 1.5%, respectively.
Crude oil was last seen trading up 2.0% at $72.19.
Gold was last seen trading up 0.2% at $1,203.40.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Michael Kors Holdings Limited (NYSE: KORS) which fell about 8% to $66.80. The stock’s 52-week range is $45.77 to $75.96. Volume was about 6 million compared to the daily average volume of 2 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Abiomed, Inc. (NASDAQ: ABMD) which traded up about 9% at $419.60. The stock’s 52-week range is $158.71 to $450.93. Volume was about 1 million compared to the daily average volume of 0.6 million.
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