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 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.