Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.45%

Published 05/11/2020, 05:25 PM
Updated 05/11/2020, 05:25 PM
© Reuters.  U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.45%

© Reuters. U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.45%

Investing.com – U.S. stocks were mixed after the close on Monday, as gains in the Healthcare, Technology and Consumer Services sectors led shares higher while losses in the Oil & Gas, Financials and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.45%, while the S&P 500 index climbed 0.01%, and the NASDAQ Composite index added 0.78%.

The best performers of the session on the Dow Jones Industrial Average were Pfizer Inc (NYSE:PFE), which rose 2.36% or 0.88 points to trade at 38.10 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 1.98% or 1.51 points to end at 77.91 and Apple Inc (NASDAQ:AAPL) was up 1.57% or 4.88 points to 315.01 in late trade.

The worst performers of the session were American Express Company (NYSE:AXP), which fell 4.66% or 4.17 points to trade at 85.33 at the close. Boeing Co (NYSE:BA) declined 3.39% or 4.53 points to end at 128.91 and Caterpillar Inc (NYSE:CAT) was down 3.12% or 3.50 points to 108.61.

The top performers on the S&P 500 were Nektar Therapeutics (NASDAQ:NKTR) which rose 9.15% to 22.67, Cardinal Health Inc (NYSE:CAH) which was up 6.74% to settle at 53.24 and Vertex Pharmaceuticals Inc (NASDAQ:VRTX) which gained 5.03% to close at 285.28.

The worst performers were Under Armour Inc C (NYSE:UA) which was down 10.51% to 8.00 in late trade, Under Armour Inc A (NYSE:UAA) which lost 9.72% to settle at 9.01 and Alliance Data Systems Corp (NYSE:ADS) which was down 8.82% to 43.02 at the close.

The top performers on the NASDAQ Composite were Remark Holdings Inc (NASDAQ:MARK) which rose 72.12% to 1.7900, Cellect Biotechnology Ltd (NASDAQ:APOP) which was up 66.67% to settle at 3.950 and MyoKardia Inc (NASDAQ:MYOK) which gained 58.62% to close at 96.90.

The worst performers were Recro Pharm (NASDAQ:REPH) which was down 39.67% to 5.08 in late trade, Rocky Mountain Chocolate Factory (NASDAQ:RMCF) which lost 16.67% to settle at 4.10 and Marathon Patent Group Inc (NASDAQ:MARA) which was down 15.08% to 0.760 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1909 to 949 and 84 ended unchanged; on the Nasdaq Stock Exchange, 1472 fell and 1215 advanced, while 45 ended unchanged.

Shares in Vertex Pharmaceuticals Inc (NASDAQ:VRTX) rose to all time highs; up 5.03% or 13.65 to 285.28. Shares in Remark Holdings Inc (NASDAQ:MARK) rose to 52-week highs; gaining 72.12% or 0.7500 to 1.7900. Shares in Recro Pharm (NASDAQ:REPH) fell to 52-week lows; losing 39.67% or 3.34 to 5.08. Shares in MyoKardia Inc (NASDAQ:MYOK) rose to all time highs; gaining 58.62% or 35.81 to 96.90.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.47% to 27.57 a new 1-month low.

Gold Futures for June delivery was down 0.79% or 13.50 to $1700.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.93% or 0.23 to hit $24.51 a barrel, while the July Brent oil contract rose 0.43% or 0.13 to trade at $30.12 a barrel.

EUR/USD was down 0.01% to 1.0805, while USD/JPY fell 0.00% to 107.66.

The US Dollar Index Futures was up 0.51% at 100.280.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.