September 27, 2016: Markets opened slightly higher Tuesday even though the crude oil trade was crushed by word that there is no production freeze in the near-term frame. The tech, financial, and consumer discretionary sectors pushed equities higher, while utilities, real estate, and energy acted as anchors. WTI crude oil for November delivery settled at $44.67 a barrel, down 2.7% for the day. December gold closed down 1% on the day to settle at $1,330.40. Equities were headed for a higher close shortly before the bell as the DJIA traded up by 0.69% for the day, the S&P 500 traded up 0.58%, and the Nasdaq Composite traded up 0.88%.
The DJIA stock posting the largest daily percentage gain ahead of the close Tuesday was Nike Corp. (NYSE: NKE) traded up 1.92% at $55.45. The stock’s 52-week range is $51.48 to $68.19. Volume was about 10% above the daily average of around 9.1 million shares. The athletic gear company reports quarterly earnings after Tuesday’s closing bell.
Microsoft Corp. (NASDAQ: MSFT) which traded up 1.70% at $57.87. The stock’s 52-week range is $43.05 to $58.70. Volume was about 25% below the daily average of around 26.3 million shares. The software giant had no specific news Tuesday.
International Business Machines Corp. (NYSE: IBM) traded up 1.57% at $156.40. The stock’s 52-week range is $116.90 to $164.95. Volume was about 30% below the daily average of around 3.3 million shares. The technology services giant had no specific news.
Cisco Systems Inc. (NASDAQ: CSCO) traded up 1.35% at $31.49. The stock’s 52-week range is $22.46 to $31.95. Trading volume was less than half the daily average of around 22.7 million. The company had no specific news Tuesday.
Of the 30 Dow index stocks 29 are on track to close higher Tuesday and just 1 is set to close lower.
Travel Cards Are Getting Too Good To Ignore
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.