February 19, 2019: The S&P 500 closed flat at 2,779.63. The DJIA closed flat at 25,893.28. Separately, the Nasdaq closed up 0.2% at 7,486.77.
Monday was a relatively positive day for the broad U.S. markets. We are now reaching the point in earnings season where more retailers will be reporting. Walmart led the Dow to start the truncated trading week. Crude oil also saw a nice gain for the day. The S&P 500 sectors were mostly positive. The most positive sectors were materials and utilities up 0.7% and 0.6%, respectively. The worst performing sector was health care, down 0.2%.
Crude oil was last seen up 0.9% at $56.09.
Gold was last seen trading up 1.6% at $1,342.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Allegion PLC (NYSE: ALLE) which traded down about 4% at $87.79. The stock’s 52-week range is $73.85 to $94.30. Volume was about 1.8 million compared to the daily average volume of just over half a million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Freeport McMoRan Inc. (NYSE: FCX) which rose by about 5% to $12.87. The stock’s 52-week range is $9.60 to $19.74. Volume was about 32 million compared to the daily average volume of 22.9 million.