Stocks End on a Mixed Note
Stocks ended on a mixed note in trading on Wednesday, with the Dow Jones and the S&P 500 finishing the day in green. The Nasdaq was dragged lower by a sharp pullback in Apple Inc. (NASDAQ: AAPL) shares.
The Dow Jones ended the day 0.89% higher at 15,326.60, the S&P 500 ended the day 0.31% higher at 1,689.13, and the Nasdaq ended the day 0.11% lower at 3,725.01. The S&P 500 has now posted gains in each of the last seven trading sessions.
Consumer Non-Cyclical sector led the gains in the S&P 500 on Wednesday, ending the day 0.71% higher. Healthcare sector ended the day 0.55% higher. Utilities were the worst performers in the S&P 500, ending the day 0.58% lower.
Among the major movers in trading on Wednesday were Linn Energy LLC (NASDAQ: LINE), which ended the day 12.77% higher at $27.90, Restoration Hardware Holdings Inc. (NYSE: RH), which ended the day 11.86% lower at $67.04, Apple, which ended the day 5.42% lower at $467.83, SYNNEX Corporation (NYSE: SNX), which ended the day 20.05% higher at $57.59, and Fusion-IO Inc. (NYSE: FIO), which ended the day 11.50% higher at $14.64.
European markets ended mostly higher on Wednesday, with the FTSE 100 Index in London closing 0.07% higher, and the CAC 40 Index in Paris closing 0.06% higher. Asian markets ended on a mixed note overnight, with the Nikkei 225 Index in Japan closing 0.01% higher, and the Hang Seng Index in Hong Kong closing 0.17% lower.
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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. |