January 9, 2018: The S&P 500 closed up 0.1% at 2,751.46. The DJIA closed up 0.4% at 25,387.17. Separately, the Nasdaq was up 0.1% at 7,163.58.
Tuesday was another positive day for the markets, with all three of the major exchanges hitting all-time highs yet again. With earnings season just around the corner, we will finally get to see if the fundamentals are backing up this rally. Crude oil reached above $63 in this session. The S&P 500 sectors were more or less split down the middle. The best performing sectors were health care and financials, up 1.2% and 0.9%, respectively. The worst performing sectors were real estate and utilities, down 1.1% and 0.9%, respectively.
Crude oil was up nearly 2% at $62.89.
Gold was down 0.4% at $1,314.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Acuity Brands, Inc. (NYSE: AYI) which traded down about 15% at $158.07. The stock’s 52-week range is $153.28 to $225.36. Volume was over 5 million matching the daily average of less than 1 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Boston Scientific Corp. (NYSE: BSX) which rose about 8% to $27.96. The stock’s 52-week range is $22.19 to $29.93. Volume was over 24 million compared to its average volume of 8.4 million.