March 28, 2017: The S&P 500 closed higher on the day, up 0.73% and 16.99 points to 2,358.58. Separately the DJIA closed up 0.73% on the day at 20,701.78, up approximately 150.80 points. It seems that the Dow has broken its losing streak of 8 consecutive trading days down, which had not happened since August 2011.
Overall the market was incredibly positive in Tuesday’s session with green arrows everywhere with the exceptions of major biotech stocks and diversified utilities.
Crude oil actually pushed higher in Tuesday’s session up 1.3% at $48.37.
Gold while still above the $1,200 level, tumbled on the day down 0.5% or $6.10 on the day, closing at $1,249.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was McCormick & Co., Inc. (NYSE: MKC) which traded down 2.9% at $98.42. The stock’s 52-week range is $88.64 to $107.84. Volume was roughly 1.4 million versus the daily average of 765,000 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Darden Restaurants, Inc. (NYSE: DRI) which jumped 9.3% to $82.62. The stock’s 52-week range is $59.50 to $82.82. Volume was 10.5 million which is above the daily average of around 1.4 million shares.