January 26, 2018: The S&P 500 closed up 1.2% at 2,872.58. The DJIA closed up 0.8% at 26,612.64. Separately, the Nasdaq was up 1.3% at 7,505.77.
Friday was a positive day for the U.S. markets. We are currently in the midst of the fourth quarter earnings season and so far it has been very positive for the markets, pushing all of the exchanges to all-time highs. Crude oil ended the week strong, up again over $66. The S&P 500 sectors were showing all green arrows. The most positive sectors were health care, technology, and industrials up 2.1%, 1.4%, and 1.1% respectively. The “worst” performing sector was utilities up only 0.1%.
Crude oil was up 1.0% at $66.15.
Gold was down 1.0% at $1349.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Wynn Resorts, Limited (NASDAQ: WYNN) which traded down roughly 10% at $179.56. The stock’s 52-week range is $92.67 to $203.63. Volume was about 22 million compared to the daily average volume of 1.8 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was AbbVie Inc. (NYSE: ABBV) which rose about 13% to $122.71. The stock’s 52-week range is $59.27 to $125.84. Volume was nearly 18 million compared to the daily average volume of about 5 million.
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