August 24, 2017: The S&P 500 closed down 0.2% at 2,438.92. The DJIA closed down 0.1% at 21,782.85. Separately, the Nasdaq closed down 0.1% at 6,271.33.
Thursday was a relatively flat day for the U.S. broad markets. Both crude oil and gold dipped lower for the day but there wasn’t any major fallout. Out of the S&P 500 sectors only one moved over 0.5% on the day, and that was consumer staples that dipped about 1.3%. Most of the sectors saw weak trading volumes on the day. There is some concern ahead for oil & gas companies as a hurricane is approaching the Texas coast, where many big U.S. refineries are located.
Crude oil was last seen down 1.7% at $47.61.
Gold was down 0.3% at $1,290.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was The J.M. Smucker Co. (NYSE: SJM) which traded down about 9.5% at $107.51. The stock’s 52-week range is $106.93 to $143.68. Volume was 5.2 million versus the daily average of 905,051 shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Signet Jewelers Limited (NYSE: SIG) which rose over 16% to $60.54. The stock’s 52-week range is $46.09 to $101.46. Volume was 12.3 million compared to its average volume of 2.0 million.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.