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 0.12%

Published 10/11/2022, 04:25 PM
© Reuters.  U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.12%

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

At the close in NYSE, the Dow Jones Industrial Average gained 0.12%, while the S&P 500 index fell 0.65%, and the NASDAQ Composite index lost 1.10%.

The best performers of the session on the Dow Jones Industrial Average were Amgen Inc (NASDAQ:AMGN), which rose 5.72% or 13.29 points to trade at 245.44 at the close. Meanwhile, Walmart Inc (NYSE:WMT) added 2.63% or 3.40 points to end at 132.72 and Walgreens Boots Alliance Inc (NASDAQ:WBA) was up 2.42% or 0.77 points to 32.61 in late trade.

The worst performers of the session were JPMorgan Chase & Co (NYSE:JPM), which fell 2.87% or 3.01 points to trade at 101.98 at the close. Walt Disney Company (NYSE:DIS) declined 2.16% or 2.06 points to end at 93.10 and Goldman Sachs Group Inc (NYSE:GS) was down 2.11% or 6.33 points to 294.21.

The top performers on the S&P 500 were Viatris Inc (NASDAQ:VTRS) which rose 7.31% to 9.39, Amgen Inc (NASDAQ:AMGN) which was up 5.72% to settle at 245.44 and Micron Technology Inc (NASDAQ:MU) which gained 4.53% to close at 53.71.

The worst performers were Las Vegas Sands Corp (NYSE:LVS) which was down 7.47% to 36.35 in late trade, Wynn Resorts Limited (NASDAQ:WYNN) which lost 7.02% to settle at 59.64 and Netflix Inc (NASDAQ:NFLX) which was down 6.82% to 214.29 at the close.

The top performers on the NASDAQ Composite were Fednat Holding Co (NASDAQ:FNHC) which rose 107.65% to 0.34, Dice Molecules Holdings LLC (NASDAQ:DICE) which was up 62.27% to settle at 40.00 and Immunic Inc (NASDAQ:IMUX) which gained 51.77% to close at 9.41.

The worst performers were Happiness Biotech Group Ltd (NASDAQ:HAPP) which was down 24.66% to 2.42 in late trade, NeuroMetrix Inc (NASDAQ:NURO) which lost 24.30% to settle at 2.15 and Rigel Pharmaceuticals Inc (NASDAQ:RIGL) which was down 21.00% to 0.90 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1770 to 1334 and 125 ended unchanged; on the Nasdaq Stock Exchange, 2270 fell and 1535 advanced, while 211 ended unchanged.

Shares in JPMorgan Chase & Co (NYSE:JPM) fell to 52-week lows; falling 2.87% or 3.01 to 101.98. Shares in Happiness Biotech Group Ltd (NASDAQ:HAPP) fell to all time lows; falling 24.66% or 0.79 to 2.42. Shares in Dice Molecules Holdings LLC (NASDAQ:DICE) rose to all time highs; up 62.27% or 15.35 to 40.00. Shares in NeuroMetrix Inc (NASDAQ:NURO) fell to 52-week lows; falling 24.30% or 0.69 to 2.15.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.64% to 33.63 a new 3-months high.

Gold Futures for December delivery was down 0.06% or 1.05 to $1,674.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.82% or 2.57 to hit $88.56 a barrel, while the December Brent oil contract fell 2.65% or 2.55 to trade at $93.64 a barrel.

EUR/USD was unchanged 0.09% to 0.97, while USD/JPY rose 0.07% to 145.79.

The US Dollar Index Futures was up 0.07% at 113.15.

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.