March 28, 2017: Markets opened slightly higher Tuesday but took a turn for the better almost at once. Surging consumer confidence did the heavy lifting. Only the utilities sector was looking to close with a loss Tuesday as financials and materials carried the day. WTI crude oil for May delivery settled at $48.37 a barrel, up 1.3% on the day. April gold dropped 10 cents on the day to settle at $1,255.60. Equities were headed for a higher close shortly before the bell as the DJIA traded up 0.78% for the day, the S&P 500 traded up 0.78%, and the Nasdaq Composite traded up 0.67%.
The DJIA stock posting the largest daily percentage gain ahead of the close Tuesday was Apple Inc. (NASDAQ: AAPL) which traded up 2.16% at $143.93. The stock’s 52-week range is $89.47 to $144.04, a new 52-week high set this afternoon. Volume was about equal to the daily average of around 27.3 million. The company had no specific news, but one analyst had some very bullish comments on the stock.
JPMorgan Chase & Co. (NYSE: JPM) traded up 1.73% at $88.75. The stock’s 52-week range is $57.05 to $93.98. Volume was about 20% below the daily average of around 15.9 million shares. The company had no specific news Tuesday.
Caterpillar Inc. (NYSE: CAT) traded up 1.72% at $93.08. The stock’s 52-week range is $69.04 to $99.46. Volume was about 40% below the daily average of around 5.2 million shares. The company had no specific news.
The Goldman Sachs Group Inc. (NYSE: GS) traded up 1.63% at $229.16. The stock’s 52-week range is $138.20 to $255.15. Volume was about 15% below the daily average of around 3.8 million shares. The company had no specific news Tuesday.
Of the Dow 30 stocks, 27 are on track to close higher Tuesday and just 3 are set to close lower.
It’s Your Money, Your Future—Own It (sponsor)
Retirement can be daunting, but it doesn’t need to be.
Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
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.