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U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.42%

Published 05/22/2023, 04:25 PM
© Reuters.  U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.42%

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.42%, while the S&P 500 index climbed 0.02%, and the NASDAQ Composite index climbed 0.50%.

The best performers of the session on the Dow Jones Industrial Average were 3M Company (NYSE:MMM), which rose 2.71% or 2.68 points to trade at 101.72 at the close. Meanwhile, American Express Company (NYSE:AXP) added 1.63% or 2.49 points to end at 155.44 and Intel Corporation (NASDAQ:INTC) was up 1.17% or 0.35 points to 30.28 in late trade.

The worst performers of the session were Nike Inc (NYSE:NKE), which fell 3.97% or 4.56 points to trade at 110.20 at the close. Procter & Gamble Company (NYSE:PG) declined 2.62% or 4.01 points to end at 149.16 and Coca-Cola Co (NYSE:KO) was down 2.10% or 1.32 points to 61.51.

The top performers on the S&P 500 were Match Group Inc (NASDAQ:MTCH) which rose 6.72% to 33.98, EPAM Systems Inc (NYSE:EPAM) which was up 6.66% to settle at 263.99 and Pfizer Inc (NYSE:PFE) which gained 5.37% to close at 38.74.

The worst performers were Signature Bank (OTC:SBNY) which was down 11.37% to 0.12 in late trade, Lumen Technologies Inc (NYSE:LUMN) which lost 7.23% to settle at 2.18 and First Republic Bank (OTC:FRCB) which was down 6.02% to 0.36 at the close.

The top performers on the NASDAQ Composite were Microbot Medical Inc (NASDAQ:MBOT) which rose 159.35% to 3.19, Hepion Pharmaceuticals Inc (NASDAQ:HEPA) which was up 117.51% to settle at 19.38 and AVROBIO Inc (NASDAQ:AVRO) which gained 69.01% to close at 1.31.

The worst performers were Rain Therapeutics Inc (NASDAQ:RAIN) which was down 87.71% to 1.22 in late trade, Monogram Orthopaedics Inc (NASDAQ:MGRM) which lost 36.22% to settle at 8.61 and Volcon Inc (NASDAQ:VLCN) which was down 33.20% to 0.73 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1791 to 1173 and 93 ended unchanged; on the Nasdaq Stock Exchange, 2263 rose and 1330 declined, while 108 ended unchanged.

Shares in Rain Therapeutics Inc (NASDAQ:RAIN) fell to all time lows; losing 87.71% or 8.71 to 1.22. Shares in Monogram Orthopaedics Inc (NASDAQ:MGRM) fell to all time lows; down 36.22% or 4.89 to 8.61. Shares in Volcon Inc (NASDAQ:VLCN) fell to all time lows; down 33.20% or 0.36 to 0.73.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.38% to 17.21.

Gold Futures for June delivery was down 0.37% or 7.35 to $1,974.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.61% or 0.44 to hit $72.13 a barrel, while the July Brent oil contract rose 0.62% or 0.47 to trade at $76.05 a barrel.

EUR/USD was unchanged 0.05% to 1.08, while USD/JPY rose 0.42% to 138.56.

The US Dollar Index Futures was up 0.04% at 103.12.

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