February 1, 2019: The S&P 500 closed flat at 2,706.17. The DJIA closed up 0.2% at 25,060.02. Separately, the Nasdaq closed down 0.3% at 7,263.87.
Thursday was a mixed day for the broad U.S. markets. The busiest week of this earnings season with 12 Dow components reporting has finally come to a close. And after solid results from a fair number of companies, the broad markets have each posted gains for the week. While earnings season isn’t over, this week has been a step in the right direction since December’s decline. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and technology up 1.5% and 0.5%, respectively. The worst performing sectors were consumer discretionary and real estate, down 1.6% and 0.8%, respectively.
Crude oil was last seen up 2.9% at $55.34.
Gold was last seen trading flat at $1,323.40.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Amazon.com, Inc. (NASDAQ: AMZN) which traded down over 5% at $1,626.23. The stock’s 52-week range is $1,265.93 to $2,050.50. Volume was roughly 11 million compared to the daily average volume of 6.9 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Symantec Corp. (NASDAQ: SYMC) which rose by 9% to $22.91. The stock’s 52-week range is $17.43 to $29.20. Volume was nearly 25 million compared to the daily average volume of 7.4 million.
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