October 10, 2018: The S&P 500 closed down 3.3% at 2,786.21. The DJIA closed down 3.1% at 25,609.96. Separately, the Nasdaq closed down 4.1% at 7,422.05.
Wednesday was a very bad day for the broad U.S. markets. The broad markets each dropped over 3% in the session, making this one of the worst trading days of the year. Crude oil dropped as well. The S&P 500 sectors were entirely negative. The most “positive” sectors was utilities down 0.4%. The worst performing sectors were technology, energy, and industrials down 4.2%, 3.3% and 3.3%, respectively.
Crude oil was last seen trading down 2.8% at $72.83.
Gold was last seen trading up 0.4% at $1,196.50.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Tiffany & Co. (NYSE: TIF) which fell by about 10% to $110.70. The stock’s 52-week range is $90.46 to $141.64. Volume was roughly 4 million compared to the daily average volume of 1.7 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Dollar Tree, Inc. (NASDAQ: DLTR) which traded up over 2% at $84.88. The stock’s 52-week range is $79.17 to $116.65. Volume was about 3 million compared to the daily average volume of 3.7 million.
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