December 28, 2017: The S&P 500 closed up 0.2% at 2,687.45. The DJIA closed up 0.25% at 24,836.54. Separately, the Nasdaq was up 0.2% at 6,950.16.
Thursday was a relatively positive day for the markets, albeit a slow one. While the exchanges did not hit new highs they were easily within striking distance. Crude oil recovered slightly on the day, and is less than a dollar away from $60. The S&P 500 sectors were nearly all positive. The best performing sectors were utilities and real estate, up 0.5% and 0.6%, respectively. The worst performing sector was consumer staples down 0.2%.
Crude oil was up 0.4% at $59.88.
Gold was up 0.4% at $1,297.10.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Monster Beverage Corp. (NASDAQ: MNST) which traded down about 2% at $62.99. The stock’s 52-week range is $41.02 to $64.79. Volume was just over 1 million versus the daily average of about 2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Southwestern Energy Co. (NYSE: SWN) which rose over 5% to $5.77. The stock’s 52-week range is $4.90 to $10.99. Volume was about 19 million compared to its average volume of nearly 17 million.