Stock market today: S&P 500 in weekly loss as trade war fears intensifyy
Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Technology, Consumer Services and Industrials sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average declined 0.61%, while the S&P 500 index fell 0.67%, and the NASDAQ Composite index declined 1.00%.
The best performers of the session on the Dow Jones Industrial Average were Chevron Corp (NYSE:CVX), which rose 0.92% or 1.25 points to trade at 136.54 at the close. Meanwhile, Coca-Cola Co (NYSE:KO) added 0.90% or 0.64 points to end at 71.78 and Procter & Gamble Company (NYSE:PG) was up 0.50% or 0.83 points to 165.86 in late trade.
The worst performers of the session were Salesforce Inc (NYSE:CRM), which fell 3.63% or 10.29 points to trade at 273.13 at the close. Apple Inc (NASDAQ:AAPL) declined 2.99% or 6.02 points to end at 195.34 and Nike Inc (NYSE:NKE) was down 2.12% or 1.30 points to 60.02.
The top performers on the S&P 500 were Intuit Inc (NASDAQ:INTU) which rose 8.10% to 720.03, Enphase Energy Inc (NASDAQ:ENPH) which was up 4.30% to settle at 39.64 and The AES Corporation (NYSE:AES) which gained 3.79% to close at 9.99.
The worst performers were Deckers Outdoor Corporation (NYSE:DECK) which was down 19.86% to 101.05 in late trade, Copart Inc (NASDAQ:CPRT) which lost 11.54% to settle at 53.66 and Ross Stores Inc (NASDAQ:ROST) which was down 9.85% to 137.26 at the close.
The top performers on the NASDAQ Composite were Imunon Inc (NASDAQ:IMNN) which rose 179.18% to 1.16, Sharplink Gaming Ltd (NASDAQ:SBET) which was up 78.72% to settle at 6.72 and Powell Max Ltd (NASDAQ:PMAX) which gained 57.38% to close at 0.51.
The worst performers were Golden Heaven Group Holdings Ltd (NASDAQ:GDHG) which was down 59.17% to 1.87 in late trade, Bicara Therapeutics Inc (NASDAQ:BCAX) which lost 40.42% to settle at 9.33 and Utime Ltd (NASDAQ:WTO) which was down 38.50% to 1.15 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1521 to 1238 and 69 ended unchanged; on the Nasdaq Stock Exchange, 2063 fell and 1241 advanced, while 130 ended unchanged.
Shares in Intuit Inc (NASDAQ:INTU) rose to all time highs; rising 8.10% or 53.96 to 720.03. Shares in Golden Heaven Group Holdings Ltd (NASDAQ:GDHG) fell to all time lows; down 59.17% or 2.71 to 1.87. Shares in Bicara Therapeutics Inc (NASDAQ:BCAX) fell to all time lows; falling 40.42% or 6.33 to 9.33. Shares in Utime Ltd (NASDAQ:WTO) fell to all time lows; losing 38.50% or 0.72 to 1.15.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 10.06% to 22.32.
Gold Futures for June delivery was up 2.00% or 65.89 to $3,360.89 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.85% or 0.52 to hit $61.72 a barrel, while the July Brent oil contract rose 0.82% or 0.53 to trade at $64.97 a barrel.
EUR/USD was up 0.76% to 1.14, while USD/JPY fell 1.03% to 142.55.
The US Dollar Index Futures was down 0.87% at 98.98.