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U.S. shares mixed at close of trade; Dow Jones Industrial Average down 0.04%

Published 23/05/2020, 07:25 am
© Reuters.  U.S. shares mixed at close of trade; Dow Jones Industrial Average down 0.04%
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Investing.com – U.S. equities were mixed at the close on Friday, as gains in the Utilities, Technology and Telecoms sectors propelled shares higher while losses in the Oil & Gas, Basic Materials and Consumer Services sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.04%, while the S&P 500 index gained 0.24%, and the NASDAQ Composite index gained 0.43%.

The biggest gainers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 1.06% or 3.03 points to trade at 289.94 at the close. The Travelers Companies Inc (NYSE:TRV) added 0.94% or 0.93 points to end at 100.10 and Procter & Gamble Company (NYSE:PG) was up 0.88% or 0.98 points to 112.60 in late trade.

Biggest losers included Chevron Corp (NYSE:CVX), which lost 1.91% or 1.76 points to trade at 90.28 in late trade. Caterpillar Inc (NYSE:CAT) declined 1.39% or 1.59 points to end at 112.47 and Boeing Co (NYSE:BA) shed 1.06% or 1.47 points to 137.53.

The top performers on the S&P 500 were Arconic Inc (NYSE:ARNC) which rose 13.83% to 12.84, Coty Inc (NYSE:COTY) which was up 12.61% to settle at 3.75 and American Tower Corp (NYSE:AMT) which gained 6.25% to close at 242.43.

The worst performers were Hewlett Packard Enterprise Co (NYSE:HPE) which was down 11.49% to 9.17 in late trade, Foot Locker Inc (NYSE:FL) which lost 8.49% to settle at 26.83 and Wynn Resorts Limited (NASDAQ:WYNN) which was down 5.89% to 78.25 at the close.

The top performers on the NASDAQ Composite were GreenPro Capital Corp (NASDAQ:GRNQ) which rose 72.22% to 0.6200, XpresSpa Group Inc (NASDAQ:XSPA) which was up 70.21% to settle at 0.8800 and Sundial Growers Inc (NASDAQ:SNDL) which gained 39.69% to close at 0.85.

The worst performers were Recon Technology Ltd (NASDAQ:RCON) which was down 43.51% to 2.090 in late trade, Jaguar Health Inc (NASDAQ:JAGX) which lost 31.41% to settle at 0.4390 and Luckin Coffee (NASDAQ:LK) which was down 30.85% to 1.39 at the close.

Advancing stocks outnumbered falling ones by 1570 to 1277 and 77 ended unchanged; on the Nasdaq Stock Exchange, 1509 rose and 1138 declined, while 70 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.64% to 28.16.

In commodities trading, Gold Futures for June delivery was up 0.74% or 12.80 to $1734.70 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.50% or 0.51 to hit $33.41 a barrel, while the July Brent oil contract fell 2.36% or 0.85 to trade at $35.21 a barrel.

EUR/USD was down 0.42% to 1.0903, while USD/JPY rose 0.02% to 107.63.

The US Dollar Index Futures was up 0.40% at 99.800.

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