Written by Gary
Closing Market Commentary For 01-30-2015
Gary is off , and the market close comes from our syndication partner, Investing.com.
The best performers of the session on the Dow Jones Industrial Average were Visa Inc (NYSE:V), which rose 2.79% or 6.91 points to trade at 254.91 at the close. Meanwhile, Caterpillar Inc (NYSE:CAT) fell 0.04% or 0.03 points to end at 79.97 and AT&T Inc (NYSE:T) was down 0.12% or 0.04 points to 32.92 in late trade.
The worst performers of the session were Microsoft Corporation (NASDAQ:MSFT), which fell 3.83% or 1.61 points to trade at 40.40 at the close. Intel Corporation (NASDAQ:INTC) declined 3.42% or 1.17 points to end at 33.04 and Cisco Systems Inc (NASDAQ:CSCO) was down 3.14% or 0.85 points to 26.36.
The top performers on the S&P 500 were Amazon.com Inc (NASDAQ:AMZN) which rose 13.71% to 354.53, Biogen Idec Inc (NASDAQ:BIIB) which was up 10.17% to settle at 389.16 and Nabors Industries Ltd (NYSE:NBR) which gained 8.48% to close at 11.51.
The worst performers were PACCAR Inc (NASDAQ:PCAR) which was down 6.15% to 60.11 in late trade, Delta Air Lines Inc (NYSE:DAL) which lost 5.76% to settle at 47.32 and PulteGroup Inc (NYSE:PHM) which was down 5.64% to 20.59 at the close.
The top performers on the NASDAQ Composite were Gulf Resources Inc (NASDAQ:GURE) which rose 47.90% to 1.760, Books-A-Million Inc (NASDAQ:BAMM) which was up 44.83% to settle at 2.520 and Axion Power International Inc (NASDAQ:AXPW) which gained 39.83% to close at 0.81.
The worst performers were ADA-ES Inc (NASDAQ:ADES) which was down 46.47% to 10.61 in late trade, One Horizon (NASDAQ:OHGI) which lost 28.82% to settle at 1.21 and Hawaiian Holdings Inc (NASDAQ:HA) which was down 26.97% to 19.44 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2169 to 626; on the Nasdaq Stock Exchange, 2088 fell and 686 advanced, while 8 ended unchanged.
Gold for April delivery was up 2.33% or 29.30 to $1285.20 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 7.41% or 3.30 to hit $47.83 a barrel, while the March Brent Oil contract rose 6.92% or 3.40 to trade at $52.53 a barrel.
The US Dollar Index was up 0.04% at 95.00.
Read the complete weekly wrap up from Investing.com at GEI Investing to be published this evening.
Repeating some market sentiment numbers from yesterday:
Investing.com members' sentiments are 41 % Bearish.
CNN's Fear & Greed Index is 24. Above 50 = greed, below 50 = fear. (At 'Extreme Fear') (Chart Here)
StockChart.com Overbought / Oversold Index ($NYMO) is at -8.16. (Chart Here) But anything below -30 / -40 is a concern of going deeper. Oversold conditions on the NYSE McClellan Oscillator usually bounce back at anything over -50 and reverse after reaching +40 oversold.
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Written by Gary