January 11, 2019: The S&P 500 closed flat at 2,596.22. The DJIA closed flat at 23,995.88. Separately, the Nasdaq closed down 0.2% at 6,971.48.
Friday was a down day for the broad U.S. markets. Although the S&P 500 and DJIA were relatively flat they were only slightly negative. This down day snaps the five consecutive positive trading sessions that we had just seen. Crude oil dropped in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were health care and consumer staples up 0.3% and 0.3%, respectively. The worst performing sector were energy and materials which were down 0.6% and 0.4%, respectively.
Crude oil was last seen down 1.7% at $51.72.
Gold was last seen trading flat at $1,288.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Activision Blizzard, Inc. (NASDAQ: ATVI) which traded down about 9% at $46.54. The stock’s 52-week range is $43.71 to $84.68. Volume was roughly 35 million compared to the daily average volume of 10.8 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was General Motors Co. (NYSE: GM) which rose by 7% to $37.17. The stock’s 52-week range is $30.56 to $45.52. Volume was 32 million compared to the daily average volume of 12.9 million.