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 up 0.04%

Published 01/29/2020, 05:25 PM
© Reuters.  U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.04%
US500
-
DJI
-
DIS
-
DOW
-
MCD
-
MMM
-
AAPL
-
XLNX
-
PGR
-
BBWI
-
VZ
-
GE
-
HES
-
IXIC
-
DJUSBM
-
DJUSCY
-
DJUSTL
-
DJUSUT
-
DJUSEN
-
DJUSTC
-
VIX
-
COCP
-
KEYS
-
AVGR
-
FSTX
-
RETO
-
GNPX
-
ETNB
-

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

At the close in NYSE, the Dow Jones Industrial Average gained 0.04%, while the S&P 500 index fell 0.09%, and the NASDAQ Composite index gained 0.06%.

The best performers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW), which rose 5.32% or 2.51 points to trade at 49.67 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) added 2.09% or 6.65 points to end at 324.34 and McDonald’s Corporation (NYSE:MCD) was up 1.93% or 4.05 points to 214.44 in late trade.

The worst performers of the session were 3M Company (NYSE:MMM), which fell 2.16% or 3.58 points to trade at 162.00 at the close. Verizon Communications Inc (NYSE:VZ) declined 1.93% or 1.17 points to end at 59.53 and Walt Disney Company (NYSE:DIS) was down 1.67% or 2.31 points to 136.06.

The top performers on the S&P 500 were L Brands Inc (NYSE:LB) which rose 12.94% to 23.22, General Electric Company (NYSE:GE) which was up 10.32% to settle at 12.94 and Progressive Corp (NYSE:PGR) which gained 5.70% to close at 80.81.

The worst performers were Xilinx Inc (NASDAQ:XLNX) which was down 10.70% to 88.06 in late trade, Hess Corporation (NYSE:HES) which lost 6.92% to settle at 57.82 and Keysight Technologies Inc (NYSE:KEYS) which was down 6.34% to 95.66 at the close.

The top performers on the NASDAQ Composite were ReTo Eco-Solutions Inc (NASDAQ:RETO) which rose 24.32% to 1.150, Genprex Inc (NASDAQ:GNPX) which was up 23.44% to settle at 1.5800 and 89bio Inc (NASDAQ:ETNB) which gained 23.12% to close at 33.66.

The worst performers were Cocrystal Pharma Inc (NASDAQ:COCP) which was down 30.77% to 0.5400 in late trade, Avinger Inc (NASDAQ:AVGR) which lost 26.98% to settle at 0.633 and Spring Bank Pharmaceuticals Inc (NASDAQ:SBPH) which was down 21.76% to 1.330 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1462 to 1338 and 97 ended unchanged; on the Nasdaq Stock Exchange, 1708 fell and 937 advanced, while 70 ended unchanged.

Shares in Xilinx Inc (NASDAQ:XLNX) fell to 52-week lows; falling 10.70% or 10.55 to 88.06. Shares in General Electric Company (NYSE:GE) rose to 52-week highs; rising 10.32% or 1.21 to 12.94. Shares in Apple Inc (NASDAQ:AAPL) rose to all time highs; up 2.09% or 6.65 to 324.34. Shares in Avinger Inc (NASDAQ:AVGR) fell to all time lows; losing 26.98% or 0.234 to 0.633. Shares in 89bio Inc (NASDAQ:ETNB) rose to all time highs; gaining 23.12% or 6.32 to 33.66.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.68% to 16.39.

Gold Futures for February delivery was up 0.43% or 6.80 to $1576.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.73% or 0.39 to hit $53.09 a barrel, while the April Brent oil contract rose 0.07% or 0.04 to trade at $58.70 a barrel.

EUR/USD was up 0.01% to 1.1010, while USD/JPY rose 0.04% to 109.03.

The US Dollar Index Futures was up 0.04% at 97.875.

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.