Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a positive day for the broad U.S. markets. This was another solid day for the major exchanges, after starting out the day on a negative note. Even though earnings season is just starting, it looks to be ramping…
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January 17, 2019: The S&P 500 closed up 0.8% at 2,635.95. The DJIA closed up 0.7% at 24,370.17. Separately, the Nasdaq closed up 0.7% at 7,084.46.
Thursday was a positive day for the broad U.S. markets. This was another solid day for the major exchanges, after starting out the day on a negative note. Even though earnings season is just starting, it looks to be ramping up big after what was a dismal December. Crude oil just traded sideways in the session. The S&P 500 sectors were entirely positive. The most positive sectors were materials, industrials and energy up 1.6%, 1.6%, and 0.9%. The worst performing sector was consumer staples which was up 0.4%.
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Crude oil was last seen flat at $52.30.
Gold was last seen trading flat at $1,291.70.
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 about 7.5% at $6.51. The stock’s 52-week range is $5.07 to $49.42. Volume was roughly 115 million compared to the daily average volume of 19.1 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Fastenal Co. (NASDAQ: FAST) which rose by about 6% to $57.31. The stock’s 52-week range is $47.37 to $61.14. Volume was 6 million compared to the daily average volume of 3.1 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.
