March 20, 2019: The S&P 500 closed down 0.3% at 2,824.21. The DJIA closed down 0.6% at 25,746.15. Separately, the Nasdaq closed flat at 7,728.97.
Wednesday was a down day for the broad U.S. markets. The S&P 500 and DJIA started off negative but after the Fed announcement to maintain rates, they saw some life. However, that’s not how the day ended. Crude oil posted a solid gain in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and real estate up 1.1% and 0.4%, respectively. The worst performing sectors were financials care and industrials down 2.1% and 0.7%, respectively.
Crude oil was last seen up 1.9% at $60.12.
Gold was last seen trading up 0.6% at $1,314.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Viacom Inc. (NASDAQ: VIAB) which traded down about 5% at $26.07. The stock’s 52-week range is $23.31 to $34.44. Volume was about 10 million compared to the daily average volume of 4.1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Southwestern Energy Co. (NYSE: SWN) which rose by about 5% to $4.57. The stock’s 52-week range is $3.23 to $6.23. Volume was 17.7 million compared to the daily average volume of 17.6 million.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.