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.
The Average American Is Losing Momentum On Their Savings Every Day (Sponsor)
If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%1 today. Checking accounts are even worse.
But there is good news. To win qualified customers, some accounts are paying more than 7x 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 4.00% 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.