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U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.07%

Stock Markets May 29, 2020 05:25PM ET
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© Reuters. U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.07%

Investing.com – U.S. stocks were mixed after the close on Friday, as gains in the Technology, Healthcare and Telecoms sectors led shares higher while losses in the Financials, Oil & Gas and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.07%, while the S&P 500 index gained 0.48%, and the NASDAQ Composite index added 1.29%.

The best performers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ:CSCO), which rose 4.88% or 2.23 points to trade at 47.82 at the close. Meanwhile, Verizon Communications Inc (NYSE:VZ) added 2.98% or 1.66 points to end at 57.38 and Walgreens Boots Alliance Inc (NASDAQ:WBA) was up 2.65% or 1.11 points to 42.94 in late trade.

The worst performers of the session were Raytheon Technologies Corp (NYSE:RTX), which fell 4.09% or 2.75 points to trade at 64.52 at the close. American Express Company (NYSE:AXP) declined 3.05% or 2.99 points to end at 95.07 and Boeing Co (NYSE:BA) was down 2.65% or 3.97 points to 145.85.

The top performers on the S&P 500 were NortonLifeLock Inc (NASDAQ:NLOK) which rose 8.79% to 22.78, Regeneron Pharmaceuticals Inc (NASDAQ:REGN) which was up 5.98% to settle at 612.81 and Arconic Inc (NYSE:ARNC) which gained 5.39% to close at 14.47.

The worst performers were DXC Technology Co (NYSE:DXC) which was down 14.24% to 14.21 in late trade, Coty Inc (NYSE:COTY) which lost 13.37% to settle at 3.63 and Nordstrom Inc (NYSE:JWN) which was down 10.98% to 16.13 at the close.

The top performers on the NASDAQ Composite were Adaptimmune Therapeutics Plc (NASDAQ:ADAP) which rose 127.78% to 11.07, Sonoma Pharmaceuticals Inc (NASDAQ:SNOA) which was up 79.30% to settle at 9.70 and Esports Entertainment Group Inc (NASDAQ:GMBL) which gained 62.73% to close at 8.82.

The worst performers were Minerva Neurosciences Inc (NASDAQ:NERV) which was down 72.46% to 3.71 in late trade, Akorn Inc (NASDAQ:AKRX) which lost 51.01% to settle at 0.090 and ARCA Biopharma Inc (NASDAQ:ABIO) which was down 34.41% to 12.60 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1541 to 1334 and 56 ended unchanged; on the Nasdaq Stock Exchange, 1393 fell and 1266 advanced, while 65 ended unchanged.

Shares in Regeneron Pharmaceuticals Inc (NASDAQ:REGN) rose to all time highs; rising 5.98% or 34.60 to 612.81. Shares in Adaptimmune Therapeutics Plc (NASDAQ:ADAP) rose to 52-week highs; rising 127.78% or 6.21 to 11.07. Shares in Minerva Neurosciences Inc (NASDAQ:NERV) fell to 3-years lows; falling 72.46% or 9.76 to 3.71. Shares in Sonoma Pharmaceuticals Inc (NASDAQ:SNOA) rose to 52-week highs; up 79.30% or 4.29 to 9.70. Shares in Akorn Inc (NASDAQ:AKRX) fell to all time lows; down 51.01% or 0.094 to 0.090. Shares in Esports Entertainment Group Inc (NASDAQ:GMBL) rose to all time highs; gaining 62.73% or 3.40 to 8.82.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.78% to 27.51 a new 3-months low.

Gold Futures for June delivery was up 1.07% or 18.30 to $1731.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 4.84% or 1.63 to hit $35.34 a barrel, while the August Brent oil contract rose 4.72% or 1.70 to trade at $37.73 a barrel.

EUR/USD was up 0.25% to 1.1104, while USD/JPY rose 0.18% to 107.83.

The US Dollar Index Futures was down 0.10% at 98.275.

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.07%
 

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Chinonso Vivian
Chinonso Vivian May 30, 2020 3:39AM ET
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Nerv is a strong buy now.
 
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