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%.
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) 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.