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U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.18%

Published 08/08/2018, 04:25 PM
Updated 08/08/2018, 04:25 PM
© Reuters. U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.18%

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.18%, while the S&P 500 index declined 0.03%, and the NASDAQ Composite index gained 0.06%.

The best performers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which rose 1.85% or 2.88 points to trade at 158.92 at the close. Meanwhile, Pfizer Inc (NYSE:PFE) added 1.40% or 0.57 points to end at 41.41 and American Express Company (NYSE:AXP) was up 0.79% or 0.81 points to 102.78 in late trade.

The worst performers of the session were Walt Disney Company (NYSE:DIS), which fell 2.21% or 2.58 points to trade at 113.98 at the close. Caterpillar Inc (NYSE:CAT) declined 1.88% or 2.67 points to end at 139.71 and Chevron Corp (NYSE:CVX) was down 1.04% or 1.30 points to 123.88.

The top performers on the S&P 500 were Michael Kors Holdings Limited (NYSE:KORS) which rose 6.72% to 70.01, Albemarle Corp (NYSE:ALB) which was up 6.42% to settle at 98.77 and CVS Health Corp (NYSE:CVS) which gained 4.16% to close at 68.17.

The worst performers were Cimarex Energy Co (NYSE:XEC) which was down 8.62% to 88.95 in late trade, Southern Company (NYSE:SO) which lost 4.48% to settle at 46.88 and Regeneron Pharmaceuticals Inc (NASDAQ:REGN) which was down 4.38% to 374.27 at the close.

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The top performers on the NASDAQ Composite were Ability Inc (NASDAQ:ABIL) which rose 124.49% to 6.60, China Bak Battery Inc (NASDAQ:CBAK) which was up 40.98% to settle at 0.719 and Strongbridge Biopharma plc (NASDAQ:SBBP) which gained 31.11% to close at 5.9000.

The worst performers were ReShape Lifesciences Inc (NASDAQ:RSLS) which was down 79.89% to 0.0661 in late trade, Extreme Networks Inc (NASDAQ:EXTR) which lost 32.03% to settle at 6.090 and Egalet Corp (NASDAQ:EGLT) which was down 29.84% to 0.41 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1618 to 1382 and 146 ended unchanged; on the Nasdaq Stock Exchange, 1349 rose and 1198 declined, while 149 ended unchanged.

Shares in Michael Kors Holdings Limited (NYSE:KORS) rose to 3-years highs; rising 6.72% or 4.41 to 70.01. Shares in Pfizer Inc (NYSE:PFE) rose to 5-year highs; gaining 1.40% or 0.57 to 41.41. Shares in ReShape Lifesciences Inc (NASDAQ:RSLS) fell to all time lows; falling 79.89% or 0.2626 to 0.0661. Shares in Extreme Networks Inc (NASDAQ:EXTR) fell to 52-week lows; losing 32.03% or 2.870 to 6.090.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.37% to 10.78 a new 6-months low.

Gold Futures for December delivery was up 0.28% or 3.40 to $1221.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 3.46% or 2.39 to hit $66.78 a barrel, while the October Brent oil contract fell 3.28% or 2.45 to trade at $72.20 a barrel.

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EUR/USD was up 0.13% to 1.1614, while USD/JPY fell 0.39% to 110.96.

The US Dollar Index Futures was down 0.08% at 94.92.

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