April 18, 2017: The S&P 500 closed lower on the day, down 0.29% and 6.81 points to 2,342.20. Separately the DJIA closed down 0.55% on the day at 20,524.10, down approximately 112.82 points.
Looking at the index as a whole a majority of the market is down on the day. Notable exceptions include the utilities sector and some consumer goods companies. Financial stocks, namely the major banks, continued to suffer after Goldman Sachs had a rare earnings miss. Health care stocks were lower on the day as well driven lower by Johnson & Johnson. A few small and mid-cap tech companies were positive as well.
Crude oil was relatively volatile in Tuesday’s session ranging from barely positive to down about 1%. Crude was last trading down around 0.1% at $52.58 in the session.
Gold rose only slightly on the day up 0.1% or $0.70, closing at $1,292.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Cardinal Health, Inc. (NYSE: CAH) which traded down 11.5% at $72.42. The stock’s 52-week range is $62.70 to $87.85. Volume was 12.7 million versus the daily average of 2.0 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was AutoNation, Inc. (NYSE: AN) which jumped 3.1% to $41.56. The stock’s 52-week range is $39.13 to $54.15. Volume was roughly 2.7 million which is above the daily average of around 1.1 million shares.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.