November 12, 2018: The S&P 500 closed down 2.0% at 2,726.32. The DJIA closed down 2.3% at 25,388.54. Separately, the Nasdaq closed down 2.8% at 7,200.87.
Monday was a down day for the broad U.S. markets. Each of the major exchanges started out the week on a negative note, with each seeing a loss of at least 2.0%. Crude oil continued lower yet again, pushing even further below $60. The S&P 500 sectors were mostly negative. The most positive sectors were utilities and real estate up 0.1% and 0.5%, respectively. The worst performing sectors were technology and financials down 3.1% and 1.8%, respectively.
Crude oil was last seen trading down 2.4% at $58.72.
Gold was last seen trading down 0.6% at $1,201.80.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was PG&E Corp. (NYSE: PCG) which fell by about 17% to $32.97. The stock’s 52-week range is $24.96 to $57.11. Volume was 43 million compared to the daily average volume of 6.2 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Nektar Therapeutics (NASDAQ: NKTR) which traded up about 9% at $36.99. The stock’s 52-week range is $33.50 to $111.36. Volume was about 6 million compared to the daily average volume of 2.2 million.