March 13, 2018: The S&P 500 closed down 0.6% at 2,765.24. The DJIA closed down 0.7% at 25,006.89. Separately, the Nasdaq was down 1.0% at 7,511.01.
Tuesday was a down day for the broad U.S. markets. At first all three major indices started out positive, but over the course of the day each one turned south. Again, most of this selloff came at the end of the day. The S&P 500 sectors were mostly negative. The most positive sectors were real estate and utilities up 0.2% each. The worst performing sectors were technology and financials down 1.2% each.
Crude oil was down 1.3% at $60.59.
Gold was up 0.5% at $1,327.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Qualcomm Inc. (NASDAQ: QCOM) which traded down about 5% at $59.70. The stock’s 52-week range is $48.92 to $69.28. Volume was 38.5 million compared to the daily average volume of 11.3 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was PG&E Corp. (NYSE: PCG) which rose about 6% to $45.08. The stock’s 52-week range is $37.30 to $71.57. Volume was nearly 13 million compared to the daily average volume of 6.8 million.