Tuesday’s Biggest Winners and Losers in the S&P 500

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By Chris Lange Updated Published
Tuesday’s Biggest Winners and Losers in the S&P 500

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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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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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