U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.29%

Aug 09, 2018

U.S. stocks were mixed after the close on Thursday, as gains in the Telecoms, Basic Materials and Utilities sectors led shares higher while losses in the Oil&Gas, Financials and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.29%, while the S&P 500 index fell 0.14%, and the NASDAQ Composite index climbed 0.04%.

The best performers of the session on the Dow Jones Industrial Average were DowDuPont Inc (NYSE:DWDP), which rose 2.01% or 1.36 points to trade at 69.02 at the close. Meanwhile, UnitedHealth Group Inc.rporated (NYSE:UNH) added 1.07% or 2.78 points to end at 261.59 and Nike Inc (NYSE:NKE) was up 0.94% or 0.76 points to 81.26 in late trade.

The worst performers of the session were Procter&Gamble Company (NYSE:PG), which fell 1.15% or 0.95 points to trade at 81.40 at the close. 3M Company (NYSE:MMM) declined 1.14% or 2.36 points to end at 204.78 and Goldman Sachs Group Inc (NYSE:GS) was down 1.10% or 2.59 points to 233.78.

The top performers on the S&P 500 were CenturyLink Inc (NYSE:CTL) which rose 13.11% to 20.97, Flowserve Corporation (NYSE:FLS) which was up 6.40% to settle at 48.87 and Viacom B Inc (NASDAQ:VIAB) which gained 6.01% to close at 30.34.

The worst performers were Perrigo Co (NYSE:PRGO) which was down 10.56% to 70.03 in late trade, Seagate Technology PLC (NASDAQ:STX) which lost 7.30% to settle at 51.02 and Coty Inc (NYSE:COTY) which was down 7.25% to 12.41 at the close.

The top performers on the NASDAQ Composite were Carver Bancorp Inc (NASDAQ:CARV) which rose 84.22% to 7.240, TMSR Holding Company Ltd (NASDAQ:TMSR) which was up 55.69% to settle at 6.50 and Citius Pharmaceuticals Inc (NASDAQ:CTXR) which gained 48.25% to close at 1.690.

The worst performers were Maiden Holdings Ltd (NASDAQ:MHLD) which was down 41.33% to 4.40 in late trade, iPass Inc (NASDAQ:IPAS) which lost 29.31% to settle at 0.2750 and Ultra Petroleum Corp (NASDAQ:UPL) which was down 25.44% to 1.260 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1527 to 1487 and 140 ended unchanged; on the Nasdaq Stock Exchange, 1357 rose and 1192 declined, while 143 ended unchanged.

Shares in Flowserve Corporation (NYSE:FLS) rose to 52-week highs; up 6.40% or 2.94 to 48.87. Shares in Coty Inc (NYSE:COTY) fell to all time lows; falling 7.25% or 0.97 to 12.41. Shares in UnitedHealth Group Incorporated (NYSE:UNH) rose to all time highs; up 1.07% or 2.78 to 261.59. Shares in Nike Inc.(NYSE:NKE) rose to all time highs; rising 0.94% or 0.76 to 81.26. Shares in Maiden Holdings Ltd (NASDAQ:MHLD) fell to 5-year lows; losing 41.33% or 3.10 to 4.40. Shares in Ultra Petroleum Corp (NASDAQ:UPL) fell to 52-week lows; falling 25.44% or 0.430 to 1.260.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.32% to 11.21.

Gold Futures for December delivery was down 0.09% or 1.10 to $1219.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.36% or 0.24 to hit $66.70 a barrel, while the October Brent oil contract fell 0.39% or 0.28 to trade at $72.00 a barrel.

EUR/USD was down 0.70% to 1.1529, while USD/JPY rose 0.08% to 111.12.

The US Dollar Index Futures was up 0.54% at 95.46.