January 7, 2019: The S&P 500 closed up 0.7% at 2,549.91. The DJIA closed up 0.4% at 23,533.11. Separately, the Nasdaq closed up 1.3% at 6,823.47.
Monday was a positive day for the broad U.S. markets. All of the major exchanges had a solid performance despite the Dow and the S&P 500 starting out negative. Crude oil made another solid gain in the session. The S&P 500 sectors were almost entirely positive. The most positive sectors were consumer discretionary and energy up 2.3% and 1.5%, respectively. The worst performing sectors were utilities and consumer staples down 0.7% and 0.2%, respectively.
Crude oil was last seen up 1.3% at $48.60.
Gold was last seen trading up 0.3% at $1,289.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was PG&E Corp. (NYSE: PCG) which traded down over 22% at $18.95. The stock’s 52-week range is $17.26 to $49.42. Volume was roughly 34.4 million compared to the daily average volume of 11.6 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Fossil Group, Inc. (NASDAQ: FOSL) which rose by 8% to $17.83. The stock’s 52-week range is $7.16 to $32.17. Volume was 1.2 million compared to the daily average volume of 1.6 million.
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.