January 17, 2019: The S&P 500 closed up 0.8% at 2,635.95. The DJIA closed up 0.7% at 24,370.17. Separately, the Nasdaq closed up 0.7% at 7,084.46.
Thursday was a positive day for the broad U.S. markets. This was another solid day for the major exchanges, after starting out the day on a negative note. Even though earnings season is just starting, it looks to be ramping up big after what was a dismal December. Crude oil just traded sideways in the session. The S&P 500 sectors were entirely positive. The most positive sectors were materials, industrials and energy up 1.6%, 1.6%, and 0.9%. The worst performing sector was consumer staples which was up 0.4%.
Crude oil was last seen flat at $52.30.
Gold was last seen trading flat at $1,291.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was PG&E Corp. (NYSE: PCG) which traded down about 7.5% at $6.51. The stock’s 52-week range is $5.07 to $49.42. Volume was roughly 115 million compared to the daily average volume of 19.1 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Fastenal Co. (NASDAQ: FAST) which rose by about 6% to $57.31. The stock’s 52-week range is $47.37 to $61.14. Volume was 6 million compared to the daily average volume of 3.1 million.
Are You Still Paying With a Debit Card?
The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.
Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!
Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!
Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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.