March 27 2018: The S&P 500 closed down 1.7% at 2,612.60. The DJIA closed down 1.4% at 23,858.19. Separately, the Nasdaq was down 2.9% at 7,008.81.
Tuesday was a down day for the broad U.S. markets, coming a day after the Dow posted one of its top 3 performances, in terms of points, in the history of the index. All three of the major indices gave back practically all of their gains from Monday, and all of this sell off came in the last couple hours of trading. The S&P 500 sectors were mostly negative. The most positive sectors were utilities and real estate up 1.5% and 0.1%, respectively. The worst performing sectors were technology and financials down 3.7% and 2.5%, respectively.
Crude oil was down 1.9% at $64.66.
Gold was down 0.7% at $1,345.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was NVIDIA Corp. (NASDAQ: NVDA) which traded down about 8% at $225.51. The stock’s 52-week range is $95.49 to $254.50. Volume was 34.5 million compared to the daily average volume of 15.6 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was General Electric Co. (NYSE: GE) which rose about 4% to $13.43. The stock’s 52-week range is $12.73 to $30.54. Volume was 148.6 million compared to the daily average volume of 92.5 million.