September 21, 2017: The S&P 500 closed down 0.3% at 2,500.81. The DJIA closed down 0.2% at 22,360.26. Separately, the Nasdaq was down 0.5% at 6,422.69.
Thursday was a down day for the broad U.S. markets with all averages pulling back from their all-time highs. Crude oil didn’t do too much on the day and oil & gas stocks had mixed reactions. The best performing S&P 500 sector was financials, up about 0.4%. Industrials was the next best performing sector, coming in around 0.3%. Consumer staples was the worst performing sector on the day, down about 1%.
Crude oil stayed relatively flat at $50.65.
Gold was down 1.7% at $1,94.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Diamond Offshore Drilling, Inc. (NYSE: DO) which traded down 5% at $13.09. The stock’s 52-week range is $10.06 to $22.65. Volume was 4.5 million versus the daily average of 3.0 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Anadarko Petroleum Corp. (NYSE: APC) which rose 8% to $48.50. The stock’s 52-week range is $39.96 to $73.33. Volume was roughly 15 million compared to its average volume of 4.8 million.
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
