October 9, 2018: The S&P 500 closed flat at 2,880.46. The DJIA closed flat at 26,430.91. Separately, the Nasdaq closed flat at 7,738.02.
Tuesday was a relatively flat day for the broad U.S. markets. The broad markets have been slowing down over the last few trading days as a result of increased strength in the bond markets. Crude oil pushed higher in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and technology up 1.0% and 0.5%, respectively. The worst performing sectors were materials and industrials down 3.2% and 1.4%, respectively.
Crude oil was last seen trading up 0.8% at $74.89.
Gold was last seen trading up 0.3% at $1,192.70.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was PPG Industries, Inc. (NYSE: PPG) which fell by about 10% to $98.46. The stock’s 52-week range is $98.31 to $122.07. Volume was roughly 10 million compared to the daily average volume of 1.4 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Pioneer Natural Resources Co. (NYSE: PXD) which traded up about 3% at $187.69. The stock’s 52-week range is $140.31 to $213.40. Volume was about 2 million compared to the daily average volume of 1.4 million.
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