November 20, 2018: The S&P 500 closed down 1.8% at 2,641.79. The DJIA closed down 2.2% at 24,464.69. Separately, the Nasdaq closed down 1.7% at 6,908.82.
Tuesday was another down day for the broad U.S. markets. This is the second consecutive day that the Dow and S&P 500 have dropped over 1.5%, even with light volume. Crude oil was crushed in the session retreating back below $55. The S&P 500 sectors were entirely negative. The most positive sector was utilities down only 0.3%. The worst performing sectors were energy, technology, and consumer discretionary down 3.3%, 2.4%, and 2.2%, respectively.
Crude oil was last seen trading down 6.7% at $53.36.
Gold was last seen trading down 0.3% at $1,221.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was L Brands, Inc. (NYSE: LB) which traded down about 18% at $28.42. The stock’s 52-week range is $25.89 to $63.10. Volume was 20.7 million compared to the daily average volume of 6.0 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Agilent Technologies, Inc. (NYSE: A) which rose by about 8% to $67.53. The stock’s 52-week range is $60.42 to $75.00. Volume was 7.7 million compared to the daily average volume of 2.4 million.
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