March 29, 2019: The S&P 500 closed up 0.7% at 2,834.39. The DJIA closed up 0.8% at 25,928.27. Separately, the Nasdaq closed up 0.8% at 7,729.32.
Friday was another positive day for the broad U.S. markets. The S&P 500 and DJIA ultimately ended the week on a positive note after facing some slowdown in mid-March. The Lyft IPO also helped prop up markets as it was the biggest IPO since Facebook in 2012. Crude oil posted a solid gain in the session. The S&P 500 sectors were almost entirely positive. The most positive sectors were health care and industrials up 1.2%, and 1.1%, respectively. The worst performing sectors were real estate and energy down 0.1% each.
Crude oil was last seen up 1.5% at $60.16.
Gold was last seen trading flat at $1,291.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was PVH Corp. (NYSE: PVH) which traded down about 4% at $121.96. The stock’s 52-week range is $86.46 to $169.22. Volume was about 2.3 million compared to the daily average volume of about 1.1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was CarMax, Inc. (NYSE: KMX) which rose by about 9.5% to $69.75. The stock’s 52-week range is $55.24 to $81.67. Volume was 7.9 million compared to the daily average volume of 1.9 million.