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U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.40%

Published 04/08/2022, 04:25 PM
© Reuters.  U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.40%
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Investing.com – U.S. stocks were mixed after the close on Friday, as gains in the Oil & Gas, Telecoms and Financials sectors led shares higher while losses in the Technology, Industrials and Consumer Goods sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average rose 0.40%, while the S&P 500 index declined 0.27%, and the NASDAQ Composite index lost 1.34%.

The best performers of the session on the Dow Jones Industrial Average were Home Depot Inc (NYSE:HD), which rose 2.76% or 8.36 points to trade at 311.11 at the close. Meanwhile, Goldman Sachs Group Inc (NYSE:GS) added 2.30% or 7.24 points to end at 321.39 and JPMorgan Chase & Co (NYSE:JPM) was up 1.83% or 2.40 points to 133.49 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 1.56% or 2.77 points to trade at 175.20 at the close. Salesforce.com Inc (NYSE:CRM) declined 1.49% or 2.99 points to end at 197.17 and Microsoft Corporation (NASDAQ:MSFT) was down 1.46% or 4.40 points to 296.97.

The top performers on the S&P 500 were EPAM Systems Inc (NYSE:EPAM) which rose 10.13% to 308.69, Coterra Energy Inc (NYSE:CTRA) which was up 7.32% to settle at 28.75 and Occidental Petroleum Corporation (NYSE:OXY) which gained 7.14% to close at 61.80.

The worst performers were Enphase Energy Inc (NASDAQ:ENPH) which was down 5.71% to 195.14 in late trade, Monolithic Power Systems Inc (NASDAQ:MPWR) which lost 5.67% to settle at 411.59 and NVIDIA Corporation (NASDAQ:NVDA) which was down 4.50% to 231.19 at the close.

The top performers on the NASDAQ Composite were Phio Pharmaceuticals Corp (NASDAQ:PHIO) which rose 159.18% to 2.35, Medavail Holdings Inc (NASDAQ:MDVL) which was up 39.01% to settle at 1.96 and Bicycle Therapeutics Ltd (NASDAQ:BCYC) which gained 24.54% to close at 46.99.

The worst performers were Kaleido Biosciences Inc (NASDAQ:KLDO) which was down 81.76% to 0.27 in late trade, Genocea Biosciences Inc (NASDAQ:GNCA) which lost 69.23% to settle at 0.40 and C4 Therapeutics Inc (NASDAQ:CCCC) which was down 50.57% to 11.32 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1685 to 1488 and 114 ended unchanged; on the Nasdaq Stock Exchange, 2393 fell and 1433 advanced, while 196 ended unchanged.

Shares in Occidental Petroleum Corporation (NYSE:OXY) rose to 52-week highs; up 7.14% or 4.12 to 61.80. Shares in Kaleido Biosciences Inc (NASDAQ:KLDO) fell to all time lows; falling 81.76% or 1.21 to 0.27. Shares in Genocea Biosciences Inc (NASDAQ:GNCA) fell to all time lows; losing 69.23% or 0.90 to 0.40. Shares in C4 Therapeutics Inc (NASDAQ:CCCC) fell to all time lows; losing 50.57% or 11.58 to 11.32.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.81% to 21.16.

Gold Futures for June delivery was up 0.35% or 6.70 to $1,944.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.13% or 2.05 to hit $98.08 a barrel, while the June Brent oil contract rose 2.13% or 2.14 to trade at $102.72 a barrel.

EUR/USD was unchanged 0.04% to 1.09, while USD/JPY rose 0.32% to 124.32.

The US Dollar Index Futures was up 0.06% at 99.82.

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