January 12, 2018: The S&P 500 closed up 0.7% at 2,786.12. The DJIA closed up 0.9% at 25,801.82. Separately, the Nasdaq was up 0.7% at 7,261.06.
Friday was another strong day for the U.S. markets, all three of the major averages hit all-time highs yet again. Crude oil has seen a strong week and is holding above the $64 mark. The S&P 500 sectors were mostly positive. The best performing sectors were consumer discretionary, energy, and industrials, up 1.2%, 0.9%, and 0.9%, respectively. The worst performing sectors were real estate and utilities, down 0.7% and 0.5%, respectively.
Crude oil was up about 1% at $64.41.
Gold was up 1.3% at $1,339.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Aflac Inc. (NYSE: AFL) which traded down over 7% at $84.81. The stock’s 52-week range is $66.50 to $91.73. Volume was 13.5 million, compared with the daily average of 1.5 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Frontier Communications Corp. (NASDAQ: FTR) which rose about 7% to $8.28. The stock’s 52-week range is $6.08 to $53.85. Volume was 2.6 million compared to its average volume of 4.2 million.