October 8, 2018: The S&P 500 closed flat at 2,884.74. The DJIA closed up 0.2% at 26,489.39. Separately, the Nasdaq closed down 0.7% at 7,735.95.
Monday was a mixed day for the broad U.S. markets. At one point in the day, each of the major indices had posted a significant loss but each moved higher as the day went on. The Nasdaq again took the worst of the beating. Crude oil was flat on Friday. The S&P 500 sectors were mostly positive. The most positive sectors were real estate and consumer staples up 1.5% and 1.4%, respectively. The worst performing sectors were technology and health care down 1.0% and 0.1%, respectively.
Crude oil was last seen trading flat at $74.19.
Gold was last seen trading down 1.2% at $1,191.10.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Alcoa Corp. (NYSE: AA) which fell about 8% to $38.71. The stock’s 52-week range is $38.27 to $62.35. Volume was 7.2 million compared to the daily average volume of 4.2 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Southwestern Energy Co. (NYSE: SWN) which traded up about 7% at $5.65. The stock’s 52-week range is $3.42 to $6.72. Volume was about 25.4 million compared to the daily average volume of 18.6 million.