September 5, 2017: The S&P 500 closed down 0.8% at 2,457.92. The DJIA closed down 1.1% at 21,753.24. Separately, the Nasdaq closed down 0.9% at 6,375.57.
Tuesday was a down day for the U.S. broad markets, actually one of the worst trading days of the year. Despite this, crude oil managed to have one of its best days but not all of the oil & gas stocks responded positively. Out of the sectors, finance was far and away the absolute worst on the day, down by over 2%, followed by materials and industrials, both down about 1%. The best performing sector was energy, although this was only positive by about 0.5%.
Crude oil was last seen up 2.7% at $48.57.
Gold was up 1.3% at $1,347.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was XL Group Ltd. (NYSE: XL) which traded down about 6% at $38.26. The stock’s 52-week range is $32.81 to $47.27. Volume was 5.5 million versus the daily average of 1.5 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was TripAdvisor, Inc. (NASDAQ: TRIP) which rose over 4% to $44.55. The stock’s 52-week range is $35.34 to $66.13. Volume was 2.8 million compared to its average volume of 2.9 million.