Stocks End Lower; S&P 500 and Nasdaq Post Losses for April
Stocks ended lower on the last trading day of April as concerns about the euro zone weighed down investors’ sentiment. The first month of the second quarter turned out to be a disappointing one for equity investors, with the S&P 500 and the Nasdaq posting losses for the month of April.
The Dow Jones ended the day 0.11% lower at 13,213.63, the S&P 500 ended the day 0.39% lower at 1,397.91, and the Nasdaq ended the day 0.74% lower at 3,046.36. For the month of April, the Dow Jones rose 0.01%, the S&P 500 fell 0.75%, and the Nasdaq fell 1.46%.
Industrials were the worst performers in the S&P 500 in trading today. The sector ended the day 1.01% lower. Basic Materials stocks also fell sharply in trading today, ending the day 0.70% lower. Financials ended the day 0.77% lower, while Technology stocks ended the day 0.88% lower. Consumer Cyclical stocks ended the day 0.83% lower. Utilities were the best performers in the S&P 500 today, ending the day 0.31% higher. Energy stocks ended the day 0.21% higher.
Among the major gainers and losers in trading today were Barnes & Noble Inc. (NYSE: BKS), which ended the day 51.68% higher at $20.75, Hologic Inc. (NASDAQ: HOLX), which ended the day 9.94% lower at $19.12, Gen-Probe Incorporated (NASDAQ: GPRO), which ended the day 18.68% higher at $81.55, VeriFone Systems Inc. (NYSE: PAY), which ended the day 12.49% lower at $47.64, Sunoco Inc. (NYSE: SUN), which ended the day 20.48% higher at $49.29, Humana Inc. (NYSE: HUM), which ended the day 8.13% lower at $80.68, and Warner Chilcott Plc (NASDAQ: WCRX), which ended the day 16.07% higher at $21.81.
European markets ended mostly lower today after a report showed that Spain slipped into a recession. Markets in Asia ended on a mixed note overnight.
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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. |