May 8, 2018: The S&P 500 closed flat at 2,671.94. The DJIA closed flat at 24,360.31. Separately, the Nasdaq was flat at 7,266.90.
Tuesday was a rough day for the broad U.S. markets, although everything closed relatively flat. Crude oil again touched above $70 but ultimately fell off by the close. The S&P 500 sectors were mostly negative. The most positive sectors were energy and financials up 0.8% and 0.7%, respectively. The worst performing sectors were utilities, health care, and real estate down 2.5%, 0.8%, and 0.7% respectively.
Crude oil was down 1.5% at $69.64.
Gold was flat at $1,316.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Frontier Communications Corp. (NASDAQ: FTR) which traded down about 7% at $9.78. The stock’s 52-week range is $6.08 to $23.10. Volume was 5.8 million compared to the daily average volume of 3.5 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Fossil Group, Inc. (NASDAQ: FOSL) which rose about 13% to $16.44. The stock’s 52-week range is $5.50 to $18.44. Volume was 7.3 million compared to the daily average volume of 3.0 million.
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
