May 9, 2017: The S&P 500 closed relatively lower on the day at 2,396.84. Separately the DJIA closed lower at 20,974.61. The Nasdaq was actually up on the day at 6,120.59 hitting another intraday high.
Tuesday was another flat day for the markets, with oil giving back some of its Monday gains. Oil & gas stocks were largely down on the day contributing to the drop in utilities, major telecom, and a handful of financial stocks. On the other hand, major airliners were incredibly positive and retail stocks seem to have come alive with a few reporting earnings later this week. Apple and Amazon helped bolster the index with gains as well.
Crude oil dropped off a little and was last trading down 0.9% at $46.03.
Gold was also lower on the day down about % on the day closing at $1,220.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Sealed Air Corp. (NYSE: SEE) which traded down about 9% at $42.33. The stock’s 52-week range is $42.01 to $50.62. Volume was nearly 11 million versus the daily average of 2.1 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Marriot International, Inc. (NASDAQ: MAR) which jumped about 6.4% to $102.50. The stock’s 52-week range is $60.87 to $103.22. Volume was just over 6.2 million which is above the daily average of just under 2.6 million shares.
The Average American Has No Idea How Much Money You Can Make Today (Sponsor)
The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.
But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.
Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.
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.