Breaking News
Investing Pro 0
Free Webinar - Decode the market's secrets! | Tuesday, May 30, 2023 | 01:00PM EDT Enroll Now

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.11%

Published May 25, 2023 04:25PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.11%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.11% to hit a new 1-month low, while the S&P 500 index gained 0.88%, and the NASDAQ Composite index added 1.71%.

The best performers of the session on the Dow Jones Industrial Average were Microsoft Corporation (NASDAQ:MSFT), which rose 3.85% or 12.07 points to trade at 325.92 at the close. Meanwhile, Goldman Sachs Group Inc (NYSE:GS) added 1.29% or 4.13 points to end at 323.94 and Cisco Systems Inc (NASDAQ:CSCO) was up 1.28% or 0.62 points to 49.03 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 5.52% or 1.60 points to trade at 27.40 at the close. Verizon Communications Inc (NYSE:VZ) declined 2.93% or 1.05 points to end at 34.82 and Walgreens Boots Alliance Inc (NASDAQ:WBA) was down 2.66% or 0.82 points to 29.97.

The top performers on the S&P 500 were NVIDIA Corporation (NASDAQ:NVDA) which rose 24.37% to 379.82, Monolithic Power Systems Inc (NASDAQ:MPWR) which was up 17.46% to settle at 488.32 and Advanced Micro Devices Inc (NASDAQ:AMD) which gained 11.16% to close at 120.35.

The worst performers were Dollar Tree Inc (NASDAQ:DLTR) which was down 12.03% to 136.66 in late trade, Illumina Inc (NASDAQ:ILMN) which lost 8.99% to settle at 193.53 and First Republic Bank (OTC:FRCB) which was down 8.62% to 0.28 at the close.

The top performers on the NASDAQ Composite were Wearable Devices Ltd (NASDAQ:WLDS) which rose 222.65% to 1.41, Beamr Imaging Ltd (NASDAQ:BMR) which was up 125.45% to settle at 4.96 and Nano Labs Ltd ADR (NASDAQ:NA) which gained 69.29% to close at 2.37.

The worst performers were Annexon Inc (NASDAQ:ANNX) which was down 59.38% to 2.10 in late trade, Biocept Inc (NASDAQ:BIOC) which lost 45.41% to settle at 2.32 and Digital Turbine Inc (NASDAQ:APPS) which was down 42.97% to 8.23 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1962 to 1006 and 91 ended unchanged; on the Nasdaq Stock Exchange, 2552 fell and 1027 advanced, while 136 ended unchanged.

Shares in NVIDIA Corporation (NASDAQ:NVDA) rose to all time highs; rising 24.37% or 74.43 to 379.82. Shares in Advanced Micro Devices Inc (NASDAQ:AMD) rose to 52-week highs; up 11.16% or 12.08 to 120.35. Shares in First Republic Bank (OTC:FRCB) fell to all time lows; falling 8.62% or 0.03 to 0.28. Shares in Microsoft Corporation (NASDAQ:MSFT) rose to 52-week highs; rising 3.85% or 12.07 to 325.92. Shares in Verizon Communications Inc (NYSE:VZ) fell to 5-year lows; falling 2.93% or 1.05 to 34.82. Shares in Walgreens Boots Alliance Inc (NASDAQ:WBA) fell to 5-year lows; falling 2.66% or 0.82 to 29.97. Shares in Annexon Inc (NASDAQ:ANNX) fell to all time lows; down 59.38% or 3.07 to 2.10. Shares in Beamr Imaging Ltd (NASDAQ:BMR) rose to all time highs; gaining 125.45% or 2.76 to 4.96. Shares in Biocept Inc (NASDAQ:BIOC) fell to all time lows; down 45.41% or 1.93 to 2.32. Shares in Digital Turbine Inc (NASDAQ:APPS) fell to 52-week lows; down 42.97% or 6.20 to 8.23.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.44% to 19.14.

Gold Futures for June delivery was down 1.20% or 23.65 to $1,940.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 3.31% or 2.46 to hit $71.88 a barrel, while the July Brent oil contract fell 2.86% or 2.24 to trade at $76.12 a barrel.

EUR/USD was unchanged 0.26% to 1.07, while USD/JPY rose 0.45% to 140.10.

The US Dollar Index Futures was up 0.37% at 104.19.

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.11%
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email