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 up 0.17%

Published 08/07/2020, 05:25 PM
Updated 08/07/2020, 05:25 PM
© Reuters.  U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.17%

© Reuters. U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.17%

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

At the close in NYSE, the Dow Jones Industrial Average gained 0.17% to hit a new 1-month high, while the S&P 500 index added 0.06%, and the NASDAQ Composite index fell 0.87%.

The best performers of the session on the Dow Jones Industrial Average were American Express Company (NYSE:AXP), which rose 3.38% or 3.24 points to trade at 99.16 at the close. Meanwhile, The Travelers Companies Inc (NYSE:TRV) added 3.18% or 3.62 points to end at 117.36 and Raytheon Technologies Corp (NYSE:RTX) was up 2.27% or 1.36 points to 61.23 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 2.27% or 10.34 points to trade at 444.45 at the close. Microsoft Corporation (NASDAQ:MSFT) declined 1.79% or 3.87 points to end at 212.48 and Boeing Co (NYSE:BA) was down 1.27% or 2.18 points to 170.02.

The top performers on the S&P 500 were Biogen Inc (NASDAQ:BIIB) which rose 10.10% to 305.71, United Parcel Service Inc (NYSE:UPS) which was up 7.86% to settle at 156.90 and Host Hotels & Resorts Inc (NYSE:HST) which gained 6.88% to close at 11.50.

The worst performers were Illumina Inc (NASDAQ:ILMN) which was down 10.94% to 355.66 in late trade, Fleetcor Technologies Inc (NYSE:FLT) which lost 8.51% to settle at 240.61 and Fortinet Inc (NASDAQ:FTNT) which was down 6.10% to 131.00 at the close.

The top performers on the NASDAQ Composite were Conduent Inc (NASDAQ:CNDT) which rose 82.74% to 4.13, Addex Therapeutics Ltd (NASDAQ:ADXN) which was up 80.69% to settle at 21.00 and Groupon Inc (NASDAQ:GRPN) which gained 56.66% to close at 25.77.

The worst performers were Everspin Technologies Inc (NASDAQ:MRAM) which was down 25.73% to 6.35 in late trade, Nova Lifestyle I (NASDAQ:NVFY) which lost 23.53% to settle at 1.820 and Aditx Therapeutics Inc (NASDAQ:ADTX) which was down 23.03% to 5.85 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1910 to 1132 and 82 ended unchanged; on the Nasdaq Stock Exchange, 1641 rose and 1133 declined, while 81 ended unchanged.

Shares in United Parcel Service Inc (NYSE:UPS) rose to all time highs; up 7.86% or 11.43 to 156.90. Shares in Addex Therapeutics Ltd (NASDAQ:ADXN) rose to all time highs; rising 80.69% or 9.38 to 21.00.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.94% to 22.21 a new 3-months low.

Gold Futures for October delivery was down 1.08% or 22.25 to $2036.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.93% or 0.39 to hit $41.56 a barrel, while the October Brent oil contract fell 0.95% or 0.43 to trade at $44.66 a barrel.

EUR/USD was down 0.73% to 1.1788, while USD/JPY rose 0.36% to 105.92.

The US Dollar Index Futures was up 0.67% at 93.390.

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.