Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was another positive day for the broad U.S. markets. Although each of the major exchanges started out the day on a negative note, they managed to push higher throughout the day making this the fifth consecutive positive trading session.…
January 10, 2019: The S&P 500 closed up 0.4% at 2,596.46. The DJIA closed up 0.5% at 23,998.39. Separately, the Nasdaq closed up 0.4% at 6,986.07.
Thursday was another positive day for the broad U.S. markets. Although each of the major exchanges started out the day on a negative note, they managed to push higher throughout the day making this the fifth consecutive positive trading session. Crude oil made a slight gain in the session. The S&P 500 sectors were almost entirely positive. The most positive sectors were real estate and industrials up 1.6% and 1.4%, respectively. The worst performing sector was consumer discretionary which was down 0.3%.
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Crude oil was last seen up 0.5% at $52.61.
Gold was last seen trading down 0.3% at $1,287.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Macy’s, Inc. (NYSE: M | M Price Prediction) which traded down about 18% at $26.11. The stock’s 52-week range is $22.47 to $41.99. Volume was roughly 40 million compared to the daily average volume of 8.3 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was General Electric Co. (NYSE: GE) which rose by over 5% to $8.94. The stock’s 52-week range is $6.66 to $19.39. Volume was 100 million compared to the daily average volume of 136 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.