Stock Market Watch

Stocks End on a Mixed Note

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Stocks ended on a mixed note in trading today as investors remained on the edge amid concerns over a global economic slowdown and uncertainty due to the euro zone debt crisis.

All three major indexes struggled for direction throughout the day after falling sharply on Friday. The Dow Jones ended the day 0.14% lower at 12,101.46, the S&P 500 ended the day 0.01% higher at 1,278.18, and the Nasdaq ended the day 0.46% higher at 2,760.01.


Industrials and Transportation were the worst performing sectors in the S&P 500 in trading today. Both sectors ended the day 1.03% lower. Conglomerates also fell sharply in trading today, ending the day 1.01% lower. Services sector was the performer in trading today, ending 0.39% higher. Healthcare sector ended the day 0.29% higher.

Among the major gainers and losers in trading today were Auxilium Pharmaceuticals Inc. (NASDAQ: AUXL), which ended the day 16.23% higher at $21.91, Delta Air Lines Inc. (NYSE: DAL), which ended the day 11.56% lower at $10.18, Concur Technologies Inc. (NASDAQ: CNQR), which ended the day 6.95% higher at $62.44, Groupon Inc. (NASDAQ: GRPN), which ended the day 7.64% lower at $8.95, US Airways Group Inc. (NYSE: LCC), which ended the day 11.55% lower at $11.18, Facebook Inc. (NASDAQ: FB), which ended the day 2.96% lower at $26.90, and Cleveland BioLabs Inc. (NASDAQ: CBLI), which ended the day 62.99% higher at $2.07.

On the economic front, a report released by the Commerce Department showed that factory orders fell for the third time in four months in April.

European markets ended slightly higher in trading today, with the CAC 40 Index in Paris closing 0.14% higher. Asian markets ended mostly lower overnight, with the Nikkei 225 Index in Japan falling 1.71%, and the Hang Seng Index in Hong Kong falling 2.01%.








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edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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