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U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.34%

Published 05/17/2024, 04:30 PM
© Reuters.  U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.34%

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

At the close in NYSE, the Dow Jones Industrial Average gained 0.34% to hit a new all time high, while the S&P 500 index climbed 0.12%, and the NASDAQ Composite index declined 0.07%.

The best performers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 1.61% or 5.65 points to trade at 356.37 at the close. Meanwhile, JPMorgan Chase & Co (NYSE:JPM) added 1.18% or 2.38 points to end at 204.85 and Boeing Co (NYSE:BA) was up 1.11% or 2.03 points to 184.99 in late trade.

The worst performers of the session were Amgen Inc (NASDAQ:AMGN), which fell 0.71% or 2.25 points to trade at 312.47 at the close. Intel Corporation (NASDAQ:INTC) declined 0.62% or 0.20 points to end at 31.83 and Verizon Communications Inc (NYSE:VZ) was down 0.50% or 0.20 points to 40.05.

The top performers on the S&P 500 were Valero Energy Corporation (NYSE:VLO) which rose 4.82% to 166.14, Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which was up 4.25% to settle at 54.25 and Chubb Ltd (NYSE:CB) which gained 3.60% to close at 274.43.

The worst performers were Paramount Global Class B (NASDAQ:PARA) which was down 4.91% to 12.02 in late trade, Dollar Tree Inc (NASDAQ:DLTR) which lost 3.29% to settle at 117.31 and Lam Research Corp (NASDAQ:LRCX) which was down 3.27% to 912.07 at the close.

The top performers on the NASDAQ Composite were Fangdd Network Group Ltd (NASDAQ:DUO) which rose 309.76% to 1.68, FLJ Group Ltd (NASDAQ:FLJ) which was up 223.59% to settle at 1.55 and Jeffs Brands Ltd Unit (NASDAQ:JFBR) which gained 109.03% to close at 0.65.

The worst performers were Blue Star Foods Corp (NASDAQ:BSFC) which was down 45.19% to 0.08 in late trade, SINTX Technologies Inc (NASDAQ:SINT) which lost 39.29% to settle at 0.09 and Heart Test Laboratories Inc Unit (NASDAQ:HSCS) which was down 38.37% to 6.97 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1570 to 1256 and 85 ended unchanged; on the Nasdaq Stock Exchange, 1790 fell and 1570 advanced, while 125 ended unchanged.

Shares in Freeport-McMoran Copper & Gold Inc (NYSE:FCX) rose to 5-year highs; up 4.25% or 2.21 to 54.25. Shares in Chubb Ltd (NYSE:CB) rose to all time highs; rising 3.60% or 9.55 to 274.43. Shares in JPMorgan Chase & Co (NYSE:JPM) rose to all time highs; gaining 1.18% or 2.38 to 204.85. Shares in Heart Test Laboratories Inc Unit (NASDAQ:HSCS) fell to all time lows; falling 38.37% or 4.34 to 6.97.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.46% to 11.99 a new 3-years low.

Gold Futures for June delivery was up 1.46% or 34.80 to $2,420.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.93% or 0.74 to hit $79.97 a barrel, while the July Brent oil contract rose 0.78% or 0.65 to trade at $83.92 a barrel.

EUR/USD was unchanged 0.05% to 1.09, while USD/JPY rose 0.20% to 155.69.

The US Dollar Index Futures was up 0.02% at 104.37.

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