Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.33%

Stock Markets May 12, 2022 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 0.33%

Investing.com – U.S. stocks were mixed after the close on Thursday, as gains in the Consumer Services, Healthcare and Telecoms sectors led shares higher while losses in the Utilities, Technology and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.33% to hit a new 52-week low, while the S&P 500 index declined 0.13%, and the NASDAQ Composite index added 0.06%.

The best performers of the session on the Dow Jones Industrial Average were Home Depot Inc (NYSE:HD), which rose 2.38% or 6.73 points to trade at 289.69 at the close. Meanwhile, 3M Company (NYSE:MMM) added 2.17% or 3.18 points to end at 149.59 and Merck & Company Inc (NYSE:MRK) was up 1.84% or 1.64 points to 90.83 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 4.83% or 6.25 points to trade at 123.14 at the close. American Express Company (NYSE:AXP) declined 3.84% or 6.12 points to end at 153.27 and Apple Inc (NASDAQ:AAPL) was down 2.69% or 3.94 points to 142.56.

The top performers on the S&P 500 were Tapestry Inc (NYSE:TPR) which rose 15.50% to 30.63, DISH Network Corporation (NASDAQ:DISH) which was up 14.60% to settle at 20.01 and Etsy Inc (NASDAQ:ETSY) which gained 12.92% to close at 87.86.

The worst performers were Synchrony Financial (NYSE:SYF) which was down 6.51% to 33.03 in late trade, AmerisourceBergen (NYSE:ABC) which lost 6.01% to settle at 151.61 and WestRock Co (NYSE:WRK) which was down 5.57% to 47.46 at the close.

The top performers on the NASDAQ Composite were Allena Pharmaceuticals Inc (NASDAQ:ALNA) which rose 70.51% to 0.13, Lordstown Motors Corp (NASDAQ:RIDE) which was up 47.02% to settle at 2.22 and Salarius Pharmaceuticals Inc (NASDAQ:SLRX) which gained 38.75% to close at 0.22.

The worst performers were Tenon Medical Inc (NASDAQ:TNON) which was down 75.65% to 8.86 in late trade, Apptech Corp (NASDAQ:APCX) which lost 34.79% to settle at 0.81 and Rockwell Medical Inc (NASDAQ:RMTI) which was down 32.54% to 0.22 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1625 to 1578 and 92 ended unchanged; on the Nasdaq Stock Exchange, 2175 rose and 1769 declined, while 146 ended unchanged.

Shares in Synchrony Financial (NYSE:SYF) fell to 52-week lows; losing 6.51% or 2.30 to 33.03. Shares in Boeing Co (NYSE:BA) fell to 52-week lows; down 4.83% or 6.25 to 123.14. Shares in Merck & Company Inc (NYSE:MRK) rose to all time highs; rising 1.84% or 1.64 to 90.83. Shares in Tenon Medical Inc (NASDAQ:TNON) fell to all time lows; falling 75.65% or 27.52 to 8.86. Shares in Rockwell Medical Inc (NASDAQ:RMTI) fell to all time lows; losing 32.54% or 0.10 to 0.22.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.43% to 31.77.

Gold Futures for June delivery was down 1.70% or 31.56 to $1,822.14 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.96% or 1.01 to hit $106.72 a barrel, while the July Brent oil contract rose 0.46% or 0.49 to trade at $108.00 a barrel.

EUR/USD was down 1.27% to 1.04, while USD/JPY fell 1.24% to 128.35.

The US Dollar Index Futures was up 0.90% at 104.81.

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.33%
 

Related Articles

S&P 500 Jumps as Investors Mull Fed Minutes
S&P 500 Jumps as Investors Mull Fed Minutes By Investing.com - Jul 06, 2022 7

By Yasin Ebrahim Investing.com -- The S&P 500 jumped Wednesday, powered by tech as the Federal Reserve's June meeting minutes reaffirmed the central bank's commitment to stop...

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.

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