March 9, 2018: The S&P 500 closed up 1.7% at 2,786.41. The DJIA closed up 1.8% at 25,334.84. Separately, the Nasdaq was up 1.8% at 7,560.81.
Friday was a very positive day for the broad U.S. markets. Over the course of the day the markets kept building momentum to an incredibly strong finish. The S&P 500 sectors were entirely positive. The most positive sectors were financials, industrials, and energy up 2.3%, 2.1%, and 1.9%, respectively. The “worst” performing sector was utilities up about 0.1%.
Crude oil was up3.2% at $62.03.
Gold was relatively flat at $1,323.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Mattel, Inc. (NASDAQ: MAT) which traded down 7% at $14.84. The stock’s 52-week range is $12.71 to $25.97. Volume was nearly 20 million compared to the daily average volume of 6.2 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Lam Research Corp. (NASDAQ: LRCX) which rose about 6% to $224.87. The stock’s 52-week range is $118.37 to $226.08. Volume was over 6 million compared to the daily average volume of 3.6 million.