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

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.09%

Published 08/07/2019, 05:25 PM
© Reuters.  U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.09%
US500
-
DJI
-
DIS
-
JPM
-
KO
-
AIZ
-
IBM
-
CVS
-
V
-
WBA
-
IXIC
-
ABMD
-
SCOR
-
SIVBQ
-
PRTK
-
DJUSBM
-
DJUSNC
-
DJUSCY
-
DJUSFN
-
DJUSEN
-
DJUSTC
-
GNMX
-
REXN
-
WW
-
CPAY
-
IPDN
-
VIX
-

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.09%, while the S&P 500 index climbed 0.08%, and the NASDAQ Composite index climbed 0.38%.

The best performers of the session on the Dow Jones Industrial Average were Walgreens Boots Alliance Inc (NASDAQ:WBA), which rose 2.00% or 1.03 points to trade at 52.48 at the close. Meanwhile, Coca-Cola Company (NYSE:KO) added 1.74% or 0.91 points to end at 53.18 and Visa Inc Class A (NYSE:V) was up 1.65% or 2.84 points to 175.32 in late trade.

The worst performers of the session were Walt Disney Company (NYSE:DIS), which fell 4.94% or 7.01 points to trade at 134.86 at the close. JPMorgan Chase & Co (NYSE:JPM) declined 2.17% or 2.40 points to end at 108.03 and International Business Machines (NYSE:IBM) was down 1.15% or 1.62 points to 139.11.

The top performers on the S&P 500 were Fleetcor Technologies Inc (NYSE:FLT) which rose 8.20% to 291.33, Assurant Inc (NYSE:AIZ) which was up 7.53% to settle at 117.89 and CVS Health Corp (NYSE:CVS) which gained 7.45% to close at 58.12.

The worst performers were ABIOMED Inc (NASDAQ:ABMD) which was down 5.26% to 189.93 in late trade, Walt Disney Company (NYSE:DIS) which lost 4.94% to settle at 134.86 and SVB Financial Group (NASDAQ:SIVB) which was down 4.71% to 197.32 at the close.

The top performers on the NASDAQ Composite were Aevi Genomic Medicine Inc (NASDAQ:GNMX) which rose 44.88% to 0.235, Weight Watchers International Inc (NASDAQ:WW) which was up 42.65% to settle at 29.97 and Paratek Pharmaceuticals Inc (NASDAQ:PRTK) which gained 34.95% to close at 4.17.

The worst performers were Rexahn Pharmaceuticals Inc (NYSE:REXN) which was down 46.50% to 2.600 in late trade, Comscore Inc (NASDAQ:SCOR) which lost 33.11% to settle at 2.02 and Professional Diversity Network Inc (NASDAQ:IPDN) which was down 29.31% to 1.2300 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1559 to 1407 and 103 ended unchanged; on the Nasdaq Stock Exchange, 1419 fell and 1254 advanced, while 80 ended unchanged.

Shares in ABIOMED Inc (NASDAQ:ABMD) fell to 52-week lows; losing 5.26% or 10.55 to 189.93. Shares in Assurant Inc (NYSE:AIZ) rose to all time highs; gaining 7.53% or 8.26 to 117.89. Shares in Comscore Inc (NASDAQ:SCOR) fell to all time lows; losing 33.11% or 1.00 to 2.02.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.37% to 19.49.

Gold Futures for December delivery was up 1.96% or 29.05 to $1513.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 2.41% or 1.29 to hit $52.34 a barrel, while the October Brent oil contract rose 0.14% or 0.08 to trade at $57.41 a barrel.

EUR/USD was up 0.06% to 1.1203, while USD/JPY fell 0.00% to 106.25.

The US Dollar Index Futures was up 0.03% at 97.445.

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.