November 28, 2017: The S&P 500 closed up 1% at 2,627.20. The DJIA closed up 1.1% at 23,838.64. Separately, the Nasdaq was up 0.5% at 6,912.36.
Tuesday was a very strong day for U.S. broad markets in general, with each major index hitting a new all-time high. This incredible boost came from the Senate Budget Committee advancing the tax bill. Crude oil took a step back again on Tuesday. The S&P 500 sectors were practically all positive in the session with one exception. The best performing sectors were financials, industrials, and materials, up 2.7%, 1.7% and 1.1%, respectively. The worst performing sector was real estate down 0.3%.
Crude oil was down 0.3% at $57.91.
Gold was relatively flat at $1,292.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Boston Scientific Corp. (NYSE: BSX) which traded down about 7% at $26.36. The stock’s 52-week range is $19.67 to $29.93. Volume was over 32 million versus the daily average of 5.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Acuity Brands, Inc. (NYSE: AYI) which rose about 5% to $167.88. The stock’s 52-week range is $153.28 to $255.45. Volume was less than half a million compared to its average volume of 0.6 million.
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