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U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.45%

Published 05/11/2020, 05:25 PM
© Reuters.  U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.45%
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Investing.com – U.S. stocks were mixed after the close on Monday, as gains in the Healthcare, Technology and Consumer Services sectors led shares higher while losses in the Oil & Gas, Financials and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.45%, while the S&P 500 index climbed 0.01%, and the NASDAQ Composite index added 0.78%.

The best performers of the session on the Dow Jones Industrial Average were Pfizer Inc (NYSE:PFE), which rose 2.36% or 0.88 points to trade at 38.10 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 1.98% or 1.51 points to end at 77.91 and Apple Inc (NASDAQ:AAPL) was up 1.57% or 4.88 points to 315.01 in late trade.

The worst performers of the session were American Express Company (NYSE:AXP), which fell 4.66% or 4.17 points to trade at 85.33 at the close. Boeing Co (NYSE:BA) declined 3.39% or 4.53 points to end at 128.91 and Caterpillar Inc (NYSE:CAT) was down 3.12% or 3.50 points to 108.61.

The top performers on the S&P 500 were Nektar Therapeutics (NASDAQ:NKTR) which rose 9.15% to 22.67, Cardinal Health Inc (NYSE:CAH) which was up 6.74% to settle at 53.24 and Vertex Pharmaceuticals Inc (NASDAQ:VRTX) which gained 5.03% to close at 285.28.

The worst performers were Under Armour Inc C (NYSE:UA) which was down 10.51% to 8.00 in late trade, Under Armour Inc A (NYSE:UAA) which lost 9.72% to settle at 9.01 and Alliance Data Systems Corp (NYSE:ADS) which was down 8.82% to 43.02 at the close.

The top performers on the NASDAQ Composite were Remark Holdings Inc (NASDAQ:MARK) which rose 72.12% to 1.7900, Cellect Biotechnology Ltd (NASDAQ:APOP) which was up 66.67% to settle at 3.950 and MyoKardia Inc (NASDAQ:MYOK) which gained 58.62% to close at 96.90.

The worst performers were Recro Pharm (NASDAQ:REPH) which was down 39.67% to 5.08 in late trade, Rocky Mountain Chocolate Factory (NASDAQ:RMCF) which lost 16.67% to settle at 4.10 and Marathon Patent Group Inc (NASDAQ:MARA) which was down 15.08% to 0.760 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1909 to 949 and 84 ended unchanged; on the Nasdaq Stock Exchange, 1472 fell and 1215 advanced, while 45 ended unchanged.

Shares in Vertex Pharmaceuticals Inc (NASDAQ:VRTX) rose to all time highs; up 5.03% or 13.65 to 285.28. Shares in Remark Holdings Inc (NASDAQ:MARK) rose to 52-week highs; gaining 72.12% or 0.7500 to 1.7900. Shares in Recro Pharm (NASDAQ:REPH) fell to 52-week lows; losing 39.67% or 3.34 to 5.08. Shares in MyoKardia Inc (NASDAQ:MYOK) rose to all time highs; gaining 58.62% or 35.81 to 96.90.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.47% to 27.57 a new 1-month low.

Gold Futures for June delivery was down 0.79% or 13.50 to $1700.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.93% or 0.23 to hit $24.51 a barrel, while the July Brent oil contract rose 0.43% or 0.13 to trade at $30.12 a barrel.

EUR/USD was down 0.01% to 1.0805, while USD/JPY fell 0.00% to 107.66.

The US Dollar Index Futures was up 0.51% at 100.280.

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