S&P 500 and Nasdaq Post Q3 Win Despite Stocks Closing in the Red

Stocks ended Tuesday's roller coaster trading in the red but the S&P 500 and Nasdaq still posted quarterly gains.
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Stocks ended Tuesday's roller coaster trading in the red but the S&P 500 and Nasdaq still posted quarterly gains. Gold prices dropped more than $7 on the strengthening dollar. Crude oil fell to its lowest settlement in nearly two years. Crude for November delivery tumbled $3.41 to settle at $91.16 a barrel. Energy stocks fell with falling oil prices. Chevron (CVX) and Exxon (XOM) closed the day in the red. eBay (EBAY) was a big winner in today's trading. The stock gained 7.54% on its announcement it will spinoff PayPal into a separate company. Bank of America (BAC) is the first major U.S. bank to issue debit cards with chip technology. The new security feature is already being used in other countries and is expected to be standard for card payments in the U.S.