US stocks finish lower as energy shares lead and communication services shares lag
Thursday 12 November: the S&P 500 slipped 0.4% to 7,592.40, the Nasdaq Composite −0.4% and the Dow −0.4%.
US stocks finished lower on Thursday, with energy shares leading and communication services shares the weakest group. The S&P 500 eased 0.4% to 7,592.40, the Nasdaq Composite edged lower 0.4% to 25,366 and the Dow Jones edged lower 0.4% to 52,297.
Energy was the strongest of the 11 sectors, up 1.0% on average, while communication services was the weakest at −1.9%. Advanced Micro Devices (AMD) led the gainers with a 5.9% jump, ahead of Broadcom (AVGO) at 5.5% and Arista Networks (ANET) at 5.1%. On the downside, Global Payments (GPN) fell 12.0%, Super Micro Computer (SMCI) 11.3% and Keurig Dr Pepper (KDP) 7.4%.
Of the 499 large US stocks StocksXray tracks, 122 rose and 375 fell. The VIX volatility index rose to 18.7. The dollar index inched up 0.3%.
For the year, the S&P 500 is up 10.9%, 2.9% below its 52-week high. StocksXray's Market Compass reads Risk-on, with 0 of 6 warning signals on.
The numbers
| Market | Last | Day |
|---|---|---|
| S&P 500 | 7,592.40 | −0.35% |
| Dow Jones | 52,297.09 | −0.36% |
| Nasdaq Composite | 25,366.09 | −0.39% |
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Educational only, not financial advice. Numbers beside the story are from our own data.