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U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.17%

imageStock Markets6 hours ago (Aug 07, 2020 05:25PM ET)

(C) Reuters. U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.17% – U.S. stocks were mixed after the close on Friday, as gains in the Utilities, Telecoms and Financials sectors led shares higher while losses in the Technology, Consumer Services and Consumer Goods sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average gained 0.17% to hit a new 1-month high, while the S&P 500 index added 0.06%, and the NASDAQ Composite index fell 0.87%.

The best performers of the session on the Dow Jones Industrial Average were American Express Company (NYSE:AXP), which rose 3.38% or 3.24 points to trade at 99.16 at the close. Meanwhile, The Travelers Companies Inc (NYSE:TRV) added 3.18% or 3.62 points to end at 117.36 and Raytheon Technologies Corp (NYSE:RTX) was up 2.27% or 1.36 points to 61.23 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 2.27% or 10.34 points to trade at 444.45 at the close. Microsoft Corporation (NASDAQ:MSFT) declined 1.79% or 3.87 points to end at 212.48 and Boeing Co (NYSE:BA) was down 1.27% or 2.18 points to 170.02.

The top performers on the S&P 500 were Biogen Inc (NASDAQ:BIIB) which rose 10.10% to 305.71, United Parcel Service Inc (NYSE:UPS) which was up 7.86% to settle at 156.90 and Host Hotels & Resorts Inc (NYSE:HST) which gained 6.88% to close at 11.50.

The worst performers were Illumina Inc (NASDAQ:ILMN) which was down 10.94% to 355.66 in late trade, Fleetcor Technologies Inc (NYSE:FLT) which lost 8.51% to settle at 240.61 and Fortinet Inc (NASDAQ:FTNT) which was down 6.10% to 131.00 at the close.

The top performers on the NASDAQ Composite were Conduent Inc (NASDAQ:CNDT) which rose 82.74% to 4.13, Addex Therapeutics Ltd (NASDAQ:ADXN) which was up 80.69% to settle at 21.00 and Groupon Inc (NASDAQ:GRPN) which gained 56.66% to close at 25.77.

The worst performers were Everspin Technologies Inc (NASDAQ:MRAM) which was down 25.73% to 6.35 in late trade, Nova Lifestyle I (NASDAQ:NVFY) which lost 23.53% to settle at 1.820 and Aditx Therapeutics Inc (NASDAQ:ADTX) which was down 23.03% to 5.85 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1910 to 1132 and 82 ended unchanged; on the Nasdaq Stock Exchange, 1641 rose and 1133 declined, while 81 ended unchanged.

Shares in United Parcel Service Inc (NYSE:UPS) rose to all time highs; up 7.86% or 11.43 to 156.90. Shares in Addex Therapeutics Ltd (NASDAQ:ADXN) rose to all time highs; rising 80.69% or 9.38 to 21.00.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.94% to 22.21 a new 3-months low.

Gold Futures for October delivery was down 1.08% or 22.25 to $2036.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.93% or 0.39 to hit $41.56 a barrel, while the October Brent oil contract fell 0.95% or 0.43 to trade at $44.66 a barrel.

EUR/USD was down 0.73% to 1.1788, while USD/JPY rose 0.36% to 105.92.

The US Dollar Index Futures was up 0.67% at 93.390.

U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.17%

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