May 3, 2018: The S&P 500 closed down 0.2% at 2,629.72. The DJIA closed flat at 23,930.70. Separately, the Nasdaq was down 0.2% at 7,088.15.
Thursday was a down day for the broad U.S. markets. All the exchanges took a dip early in the session but seemingly recovered by then, although not ending on a positive note. Crude oil made another gain in the session, closing in on $70. The S&P 500 sectors were mostly negative. The most positive sectors were materials, technology, and industrials up 0.4%, 0.3% and 0.2%, respectively. The worst performing sectors were health care and financials each down 0.9%.
Crude oil was up 0.8% at $68.50.
Gold was up 0.7% at $1,314.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Cardinal Health, Inc. (NYSE: CAH) which traded down about 21% at $50.79. The stock’s 52-week range is $50.79 to $80.37. Volume was 15.1 million compared to the daily average volume of 2.8 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday Vulcan Materials Co. (NYSE: VMC) which rose about 7.5% to $122.22. The stock’s 52-week range is $108.17 to $141.20. Volume was 4.5 million compared to the daily average volume of 1.5 million.