Friday’s Biggest Winners and Losers in the S&P 500
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…
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%.
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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 | NFLX Price Prediction) 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.
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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.