U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.91%

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.91%

May 06, 2020

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.91%, while the S&P 500 index declined 0.70%, and the NASDAQ Composite index climbed 0.51%.

The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 1.42% or 1.24 points to trade at 88.44 at the close. Meanwhile, Intel Corp.ration (NASDAQ:INTC) added 1.30% or 0.76 points to end at 59.18 and Apple Inc.(NASDAQ:AAPL) was up 1.03% or 3.07 points to 300.63 in late trade.

The worst performers of the session were Dow Inc (NYSE:DOW), which fell 4.23% or 1.41 points to trade at 31.96 at the close. The Travelers Companies Inc.(NYSE:TRV) declined 3.68% or 3.56 points to end at 93.29 and American Express Company (NYSE:AXP) was down 3.16% or 2.74 points to 84.00.

The top performers on the S&P 500 were FLIR Systems Inc (NASDAQ:FLIR) which rose 9.63% to 45.41, Activision Blizzard Inc (NASDAQ:ATVI) which was up 6.33% to settle at 72.87 and KLA-Tencor Corporation (NASDAQ:KLAC) which gained 5.26% to close at 163.81.

The worst performers were Occidental Petroleum Corporation (NYSE:OXY) which was down 12.53% to 13.40 in late trade, Cincinnati Financial Corporation (NASDAQ:CINF) which lost 9.97% to settle at 53.12 and Leggett&Platt Incorporated (NYSE:LEG) which was down 8.50% to 27.76 at the close.

The top performers on the NASDAQ Composite were MacroGenics Inc (NASDAQ:MGNX) which rose 230.92% to 25.15, Remark Holdings Inc (NASDAQ:MARK) which was up 65.16% to settle at 1.0400 and IZEA Inc (NASDAQ:IZEA) which gained 53.39% to close at 0.5200.

The worst performers were Tuesday Morning Corp (NASDAQ:TUES) which was down 41.70% to 0.260 in late trade, My Size Inc (NASDAQ:MYSZ) which lost 40.40% to settle at 0.900 and CleanSpark Inc (NASDAQ:CLSK) which was down 32.79% to 2.05 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1974 to 888 and 76 ended unchanged; on the Nasdaq Stock Exchange, 1533 fell and 1119 advanced, while 64 ended unchanged.

Shares in Activision Blizzard Inc (NASDAQ:ATVI) rose to 52-week highs; rising 6.33% or 4.34 to 72.87. Shares in Cincinnati Financial Corporation (NASDAQ:CINF) fell to 3-years lows; losing 9.97% or 5.88 to 53.12. Shares in MacroGenics Inc (NASDAQ:MGNX) rose to 52-week highs; rising 230.92% or 17.55 to 25.15. Shares in Tuesday Morning Corp (NASDAQ:TUES) fell to all time lows; falling 41.70% or 0.186 to 0.260.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.52% to 34.12.

Gold Futures for June delivery was down 1.42% or 24.30 to $1686.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.79% or 0.44 to hit $24.12 a barrel, while the July Brent oil contract rose 0.44% or 0.13 to trade at $29.84 a barrel.

EUR/USD was down 0.00% to 1.0794, while USD/JPY fell 0.06% to 106.08.

The US Dollar Index Futures was up 0.44% at 100.200.

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