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) 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.