December 12, 2018: The S&P 500 closed up 0.6% at 2,651.36. The DJIA closed up 0.7% at 24,530.87. Separately, the Nasdaq closed up 1.0% at 7.098.31.
Wednesday was a positive day for the broad U.S. markets. Each of the major averages rose about 1% to start the session, but this gave way as the day went on. Crude oil posted another loss on the day. The S&P 500 sectors were mostly positive with a couple exceptions. The most positive sectors were technology and health care up 1.4% and 0.5%, respectively. The worst performing sectors were consumer discretionary and technology down 1.4%, and 1.3%, respectively.
Crude oil was last seen trading down 1.0% at $51.12.
Gold was last seen trading up 0.3% at $1,250.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Under Armour, Inc. (NYSE: UAA) which traded down about 10% at $19.92. The stock’s 52-week range is $12.50 to $24.96. Volume was roughly 16 million compared to the daily average volume of 5.5 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was United Rentals, Inc. (NYSE: URI) which rose by over 6% to $108.52. The stock’s 52-week range is $99.50 to $190.74. Volume was about 3.2 million compared to the daily average volume of 2.0 million.