Breaking News: U.S. Stocks Mixed After Close, Chevron and Visa Lead Gains, Amazon and IBM Decline
In a rollercoaster day of trading on Friday, U.S. stocks ended mixed with some sectors seeing gains and others facing losses. The S&P 500 hit a new all-time high, while the Dow Jones Industrial Average and the Nasdaq declined.
The top performers included Chevron, Visa Inc, and Unitedhealth Group, while Amazon, 3M Company, and IBM were among the worst performers. Wynn Resorts Limited, Walgreens Boots Alliance Inc, and APA Corporation shined on the S&P 500, while Globe Life Inc, Universal Health Services Inc, and HP Inc struggled.
On the NASDAQ Composite, NLS Pharmaceutics AG, Seelos Therapeutics Inc, and Uxin Ltd were the top performers, while Intchains Group Ltd ADR, Edible Garden AG Inc, and enVVeno Medical Corp faced steep declines.
Overall, rising stocks outnumbered declining ones on the NYSE and Nasdaq. The VIX, which measures S&P 500 options volatility, saw an uptick. Gold futures and crude oil prices showed mixed movements, while forex pairs like EUR/USD and USD/JPY saw some volatility.
In summary, the market showed a mixed bag of results with some companies hitting record highs while others faced significant losses. Investors should stay vigilant and diversify their portfolios to navigate these uncertain times in the financial markets.