January 9, 2019: The S&P 500 closed up 0.4% at 2,584.92. The DJIA closed up 0.4% at 23,878.31. Separately, the Nasdaq closed up 0.9% at 6,957.08.
Wednesday was another positive day for the broad U.S. markets. All of the major exchanges had yet another solid performance, making this the fourth consecutive positive trading session amid a bear market. Crude oil made a massive gain in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and technology up 1.4% and 1.1%, respectively. The worst performing sectors were consumer staples and utilties which were down 1.1% and 0.7%, respectively.
Crude oil was last seen up 5.2% at $52.36.
Gold was last seen trading up 0.7% at $1,294.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Constellation Brands, Inc. (NYSE: STZ) which traded down over 12% at $150.88. The stock’s 52-week range is $150.76 to $161.26. Volume was roughly 17 million compared to the daily average volume of 2.2 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Lennar Corp. (NYSE: LEN) which rose by 8% to $46.30. The stock’s 52-week range is $37.29 to $72.17. Volume was 13.4 million compared to the daily average volume of 4.9 million.