May 1, 2018: The S&P 500 closed up 0.3% at 2,654.46. The DJIA closed down 0.3% at 24,095.12. Separately, the Nasdaq was up 0.9% at 7,130.70.
Tuesday was a mixed day for the broad U.S. markets, although each of the major indices started out the day negative only the Nasdaq and S&P 500 closed up. While most of the market was lower in the session technology stocks saw a big boost. Crude oil pulled back in the session and is about $2.50 away from $70. The S&P 500 sectors were mostly negative. The most positive sectors were technology and real estate up 1.3% and 0.7%, respectively. The worst performing sectors were consumer staples and energy down 0.8% and 0.7%, respectively.
Crude oil was down 1.6% at $67.47.
Gold was down 1.0% at $1,306.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Seagate Technology PLC (NASDAQ: STX) which traded down over 6% at $54.17. The stock’s 52-week range is $30.60 to $62.70. Volume was 15.6 million compared to the daily average volume of 4.1 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Qorvo, Inc. (NASDAQ: QRVO) which rose about 6% to $71.66. The stock’s 52-week range is $62.68 to $86.84. Volume was 2.3 million compared to the daily average volume of 2.1 million.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
