November 1, 2018: The S&P 500 closed up 1.0% at 2,738.23. The DJIA closed up 1.0% at 25,372.08. Separately, the Nasdaq closed up 1.7% at 7,427.61.
Wednesday was another solid day for the broad U.S. markets. October’s scare didn’t mean much for Thursday. Crude oil saw another dip. The S&P 500 was largely positive. The most positive sectors were materials and consumer discretionary up 2.9% and 2.0%, respectively. The “worst” performing sector was utilities down 0.5%.
Crude oil was last seen trading down 2.8% at $63.50.
Gold was last seen trading up 1.7% at $1,235.60.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close The Allstate Corp. (NYSE: ALL) which fell by about 6% to $89.96. The stock’s 52-week range is $88.29 to $91.78. Volume was over 4 million compared to the daily average volume of 1.8 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Western Digital Corp, (NASDAQ: WDC) which traded up over 9% at $63.96. The stock’s 52-week range is $43.25 to $106.96. Volume was 8.5 million compared to the daily average volume of 4.6 million.