April 8, 2019: The S&P 500 closed flat at 2,895.70. The Dow closed down 0.3% at 26,341.43. Separately, the Nasdaq closed flat at 7,953.88.
Monday was a mixed day for the broad U.S. markets. The S&P 500 and Nasdaq were marginally positive on the day while the Dow lagged way behind. Although it was not a particularly busy day in the markets, earnings season is just around the corner with a couple of major banks reporting later this week. Crude oil made yet another meaningful gain in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were technology and consumer staples up 0.4%, and 0.3%, respectively. The worst performing sectors were utilities and real estate each down 0.7% and 0.5%, respectively.
Crude oil was last seen up 2.1% at $64.38.
Gold was last seen trading up 0.5% at $1,301.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was General Electric Co. (NYSE: GE) which traded down 5% at $9.49. The stock’s 52-week range is $6.40 to $14.99. Volume was about 168 million compared to the daily average volume of 100.7 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Symantec Corp. (NASDAQ: SYMC) which rose by about 5% to $24.24. The stock’s 52-week range is $17.43 to $29.20. Volume was 10.6 million compared to the daily average volume of 5.2 million.