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U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.06%

Published 01/08/2021, 03:25 PM
© Reuters.  U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.06%
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Investing.com – U.S. stocks were mixed after the close on Friday, as gains in the Consumer Goods, Utilities and Technology sectors led shares higher while losses in the Telecoms, Basic Materials and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.06%, while the S&P 500 index added 0.26%, and the NASDAQ Composite index gained 0.61%.

The best performers of the session on the Dow Jones Industrial Average were Coca-Cola Co (NYSE:KO), which rose 1.88% or 0.94 points to trade at 50.90 at the close. Meanwhile, McDonald’s Corporation (NYSE:MCD) added 1.71% or 3.62 points to end at 215.60 and Amgen Inc (NASDAQ:AMGN) was up 1.61% or 3.76 points to 237.78 in late trade.

The worst performers of the session were 3M Company (NYSE:MMM), which fell 2.14% or 3.62 points to trade at 166.09 at the close. Intel Corporation (NASDAQ:INTC) declined 1.69% or 0.88 points to end at 51.31 and Verizon Communications Inc (NYSE:VZ) was down 1.34% or 0.79 points to 57.74.

The top performers on the S&P 500 were TripAdvisor Inc (NASDAQ:TRIP) which rose 9.85% to 35.12, Tesla Inc (NASDAQ:TSLA) which was up 5.85% to settle at 863.81 and F5 Networks Inc (NASDAQ:FFIV) which gained 5.48% to close at 189.97.

The worst performers were Western Digital Corporation (NASDAQ:WDC) which was down 5.08% to 51.96 in late trade, Alliance Data Systems Corp (NYSE:ADS) which lost 4.90% to settle at 74.48 and Avery Dennison Corp (NYSE:AVY) which was down 4.05% to 156.38 at the close.

The top performers on the NASDAQ Composite were LM Funding America Inc (NASDAQ:LMFA) which rose 158.81% to 1.9900, Applied DNA Sciences Inc (NASDAQ:APDN) which was up 85.21% to settle at 10.52 and Polarityte Inc (NASDAQ:PTE) which gained 66.95% to close at 1.28.

The worst performers were Sarepta Therapeutics Inc (NASDAQ:SRPT) which was down 51.16% to 82.51 in late trade, The9 Ltd ADR (NASDAQ:NCTY) which lost 25.56% to settle at 12.730 and Castor Maritime Inc (NASDAQ:CTRM) which was down 21.78% to 0.187 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1718 to 1349 and 95 ended unchanged; on the Nasdaq Stock Exchange, 1698 fell and 1351 advanced, while 59 ended unchanged.

Shares in TripAdvisor Inc (NASDAQ:TRIP) rose to 52-week highs; up 9.85% or 3.15 to 35.12. Shares in Tesla Inc (NASDAQ:TSLA) rose to all time highs; gaining 5.85% or 47.77 to 863.81. Shares in F5 Networks Inc (NASDAQ:FFIV) rose to 52-week highs; gaining 5.48% or 9.87 to 189.97.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.32% to 21.85.

Gold Futures for February delivery was down 3.56% or 68.10 to $1845.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 3.05% or 1.55 to hit $52.38 a barrel, while the March Brent oil contract rose 3.02% or 1.64 to trade at $56.02 a barrel.

EUR/USD was down 0.43% to 1.2217, while USD/JPY rose 0.14% to 103.94.

The US Dollar Index Futures was up 0.30% at 90.060.

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