October 16, 2018: The S&P 500 closed up 2.1% at 2,809.80. The DJIA closed up 2.2% at 25,793.95. Separately, the Nasdaq closed up 2.9% at 7,645.49.
Tuesday was a positive day for the broad U.S. markets. All of the major averages posted over a 2% gain on the day recovering from the 4% drop that they saw last week. Crude oil was relatively flat in the session. The S&P 500 sectors were entirely positive. The most positive sectors were technology, health care, and real estate up 3.0%, 2.8%, and 1.9%, respectively. The “worst” performing sector was energy up only 0.9%.
Crude oil was last seen trading flat at $71.86.
Gold was last seen trading flat at $1,229.20.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was W.W. Grainger, Inc. (NYSE: GWW) which fell by about 12% to $280.00. The stock’s 52-week range is $186.43 to $372.06. Volume was just over 4 million compared to the daily average volume of about half a million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Adobe Inc. (NASDAQ: ADBE) which traded up nearly 10% at $260.78. The stock’s 52-week range is $148.15 to $277.61. Volume was nearly 8 million compared to the daily average volume of about 3 million.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
