January 18, 2019: The S&P 500 closed up 1.4% at 2,672.89. The DJIA closed up 1.5% at 24,727.50. Separately, the Nasdaq closed up 1.0% at 7,157.23.
Friday was a positive day for the broad U.S. markets. Even though earnings season is just starting, it looks to be ramping up big after what was a dismal December. Crude oil posted a solid gain in the session. The S&P 500 sectors were almost entirely positive. The most positive sectors were energy, industrials and financial up 1.7%, 1.7%, and 1.5%. The worst performing sector was utilities which was down 0.1%.
Crude oil was last seen up 3.4% at $53.82.
Gold was last seen trading down 0.9% at $1,280.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Netflix, Inc. (NASDAQ: NFLX) which traded down about 4% at $339.16. The stock’s 52-week range is $218.50 to $423.21. Volume was roughly 26 million compared to the daily average volume of 13.8 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was PG&E Corp. (NYSE: PCG) which rose by about 14% to $7.24. The stock’s 52-week range is $5.07 to $49.42. Volume was nearly 51 million compared to the daily average volume of 22.3 million.