US stocks close lower as tech shares sink, but more stocks rise than fall
Friday 13 November: the S&P 500 edged lower 0.4% to 7,561.67, the Nasdaq Composite −0.9% and the Dow +0.10%.
US stocks closed lower on Friday as technology shares sank, even though 311 of the 499 large US stocks StocksXray tracks rose and only 185 fell. The S&P 500 slipped 0.4% to 7,561.67, the Nasdaq Composite slipped 0.9% to 25,136 and the Dow Jones ended roughly flat at 52,348.
Consumer staples was the strongest of the 11 sectors, up 1.2% on average, while technology was the weakest at −1.7%. Charter Communications (CHTR) led the gainers with a 4.3% rise, ahead of Steris (STE) at 4.3% and Global Payments (GPN) at 4.2%. On the downside, Advanced Micro Devices (AMD) fell 8.8%, Dell Technologies (DELL) 7.2% and Cisco Systems (CSCO) 6.2%.
The VIX volatility index rose to 19.3. The dollar index edged higher 0.2%.
For the year, the S&P 500 is up 10.5%, 3.3% below its 52-week high. StocksXray's Market Compass reads Risk-on, with 0 of 7 warning signals on.
The numbers
| Market | Last | Day |
|---|---|---|
| S&P 500 | 7,561.67 | −0.40% |
| Dow Jones | 52,347.55 | +0.10% |
| Nasdaq Composite | 25,136.27 | −0.91% |
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Educational only, not financial advice. Numbers beside the story are from our own data.