March 7, 2019: The S&P 500 closed down 0.8% at 2,748.90. The DJIA closed down 0.8% at 25,471.10. Separately, the Nasdaq closed down 1.1% at 7,421.46.
Thursday was a down day for the broad U.S. markets. The S&P 500 and Dow Jones are continuing to pull back from their highs this year, which would make this the first down week in a while. Crude oil rose slightly in the session. The S&P 500 sectors were almost entirely negative. The most positive sector was utilities up 0.2%. The worst performing sectors were consumer discretionary, finance, and technology, down 1.4%, 1.2%, and 1.1%, respectively.
Crude oil was last seen up 0.6% at $56.57.
Gold was last seen trading flat at $1,285.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was The Kroger Co. (NYSE: KR) which traded down about 10% at $25.60. The stock’s 52-week range is $22.85 to $32.74. Volume was about 43.5 million compared to the daily average volume of 6.8 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was CenturyLink, Inc. (NYSE: CTL) which rose by about 5% to $12.12. The stock’s 52-week range is $11.52 to $24.20. Volume was 22.5 million compared to the daily average volume of 14.07 million.
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