Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

U.S. shares mixed at close of trade; Dow Jones Industrial Average down 0.30%

Published 02/07/2020, 07:25 am
© Reuters.  U.S. shares mixed at close of trade; Dow Jones Industrial Average down 0.30%
US500
-
DJI
-
DIS
-
FDX
-
MRK
-
YELLQ
-
AMGN
-
XOM
-
PFE
-
IBM
-
LNC
-
CMA
-
WBA
-
NFLX
-
IXIC
-
GEVO
-
DJUSCY
-
DJUSHC
-
DJUSIN
-
DJUSTL
-
DJUSUT
-
DJUSEN
-
FANG
-
LMNL
-
VIX
-
MDVLQ
-
ROSEQ
-
SPRCY
-

Investing.com – U.S. equities were mixed at the close on Wednesday, as gains in the Utilities, Consumer Services and Healthcare sectors propelled shares higher while losses in the Oil & Gas, Telecoms and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.30%, while the S&P 500 index climbed 0.50%, and the NASDAQ Composite index added 0.95%.

The biggest gainers of the session on the Dow Jones Industrial Average were Pfizer Inc (NYSE:PFE), which rose 3.18% or 1.04 points to trade at 33.74 at the close. Walt Disney Company (NYSE:DIS) added 1.35% or 1.50 points to end at 113.01 and Merck & Company Inc (NYSE:MRK) was up 1.02% or 0.79 points to 78.12 in late trade.

Biggest losers included Walgreens Boots Alliance Inc (NASDAQ:WBA), which lost 3.56% or 1.51 points to trade at 40.88 in late trade. Exxon Mobil Corp (NYSE:XOM) declined 2.26% or 1.01 points to end at 43.71 and International Business Machines (NYSE:IBM) shed 1.85% or 2.23 points to 118.54.

The top performers on the S&P 500 were FedEx Corporation (NYSE:FDX) which rose 11.72% to 156.66, Amgen Inc (NASDAQ:AMGN) which was up 8.17% to settle at 255.12 and Netflix Inc (NASDAQ:NFLX) which gained 6.72% to close at 485.64.

The worst performers were Lincoln National Corporation (NYSE:LNC) which was down 5.76% to 34.67 in late trade, Comerica Inc (NYSE:CMA) which lost 5.67% to settle at 35.94 and Diamondback Energy Inc (NASDAQ:FANG) which was down 5.31% to 39.60 at the close.

The top performers on the NASDAQ Composite were Myos Rens Technology Inc (NASDAQ:MYOS) which rose 175.74% to 2.440, Liminal BioSciences Inc (NASDAQ:LMNL) which was up 111.02% to settle at 22.79 and YRC Worldwide Inc (NASDAQ:YRCW) which gained 74.59% to close at 3.230.

The worst performers were Therapix Biosciences Ltd (NASDAQ:TRPX) which was down 48.90% to 0.3170 in late trade, Rosehill Resources Inc Class A (NASDAQ:ROSE) which lost 43.50% to settle at 0.408 and Gevo Inc (NASDAQ:GEVO) which was down 39.43% to 0.480 at the close.

Declining stocks outnumbered rising ones by 1477 to 1394 and 61 ended unchanged; on the Nasdaq Stock Exchange, 1571 fell and 1135 advanced, while 49 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.95% to 28.62.

In commodities trading, Gold Futures for August delivery was down 1.17% or 21.10 to $1779.40 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.15% or 0.45 to hit $39.72 a barrel, while the September Brent oil contract rose 0.10% or 0.04 to trade at $41.99 a barrel.

EUR/USD was up 0.02% to 1.1252, while USD/JPY fell 0.00% to 107.45.

The US Dollar Index Futures was down 0.23% at 97.125.

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.