Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a positive day for the broad U.S. markets. All of the major exchanges had another solid performance, making this the third consecutive positive trading session amid a bear market. Crude oil made another solid gain in the session.
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January 8, 2019: The S&P 500 closed up 1.0% at 2,574.42. The DJIA closed up 1.1% at 23,787.58. Separately, the Nasdaq closed up 1.1% at 6,897.00.
Tuesday was a positive day for the broad U.S. markets. All of the major exchanges had another solid performance, making this the third consecutive positive trading session amid a bear market. Crude oil also made another solid gain in the session. The S&P 500 sectors were entirely positive. The most positive sectors were real estate and industrials up 1.7% and 1.3%, respectively. The worst performing sector was finance which was up less than 0.1%.
Crude oil was last seen up 2.4% at $49.70.
Gold was last seen trading down 0.3% at $1,285.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was PG&E Corp. (NYSE: PCG | PCG Price Prediction) which traded down over 7% at $17.55. The stock’s 52-week range is $15.78 to $49.42. Volume was roughly 33 million compared to the daily average volume of 12 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Nektar Therapeutics (NASDAQ: NKTR) which rose by 11% to $40.68. The stock’s 52-week range is $29.22 to $111.36. Volume was 5.5 million compared to the daily average volume of 2.4 million.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.