February 6, 2018: The S&P 500 closed up 1.7% at 2,695.14. The DJIA closed up 2.3% at 24,912.77. Separately, the Nasdaq was up 2.1% at 7,115.88.
Tuesday was a chaotic day for the U.S. markets, but the major indexes ended up positive. The Dow, after losing 1,000 points on Monday, came roaring back adding nearly 600 points. We saw similar performances by the S&P 500 and the Nasdaq. Crude oil sold off in the session. The S&P 500 sectors were mostly positive in Tuesday’s session. The most positive sectors were materials and technology up 3.3% and 2.9%, respectively. The worst performing sectors were utilities and real estate down 1.5% and 0.2%, respectively.
Crude oil was down 0.9% at $63.57.
Gold was down 0.8% at $1,325.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Cboe Global Markets, Inc. (NASDAQ: CBOE) which traded down over 10% at $117.15. The stock’s 52-week range is $76.75 to $138.54. Volume was over 7 million compared to the daily average volume of 1.1 million.
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 14% to $40.73. The stock’s 52-week range is $29.50 to $53.29. Volume was about 12 million compared to the daily average volume of roughly 3.8 million.