May 8, 2017: The S&P 500 closed relatively on the day at 2,399.16. Separately the DJIA closed at 21,011.32. The Nasdaq also closed relatively flat at 6,102.66.
Monday was a flat day for the markets, with oil helping to prop up the S&P 500. Oil & gas stocks were up on the day offsetting weak healthcare and services sectors. On the other hand, Apple was very positive which single-handedly kept the index from pushing even lower. Apart from this, Amazon, Facebook, and Alphabet were positive and contributed to the fight to stay positive.
Crude oil recovered a little from last week on Monday and was last trading up nearly 0.5% at $46.43.
Gold was also relatively flat on the day up about 0.10% on the day closing at $1,227.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Tyson Foods, Inc. (NYSE: TSN) which traded down about 6% at $59.40. The stock’s 52-week range is $55.72 to $77.05. Volume was about 9 million versus the daily average of 2.7 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Newell Brands Inc. (NYSE: NWL) which jumped about 11% to $51.74. The stock’s 52-week range is $43.43 to $55.45. Volume was nearly 13 million which is above the daily average of just under 3.7 million shares.
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