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U.S. Stocks Mixed at NYSE; Dow Jones Industrial Avg up 1.46%

The best performers of the NYSE session on the Dow Jones Industrial Average were Boeing Co. They rose 6.39% or 14.73 points to trade at 245.34 at the close. 

Moreover, Walgreens Boots Alliance Inc edged up 4.25% or 2.06 points to end at 50.52. Goldman Sachs Group Inc climbed 3.46% or 11.43 points to 342.02 in late trade.

Also, the Dow Jones Industrial Average was up 1.46% at the close, hitting a new all-time high. The S&P 500 index added 0.60%, and the NASDAQ Composite index lost 0.04%.

On Wednesday, U.S. stocks were mixed after the close. Leading shares higher were gains in the Oil & Gas, Basic Materials and Financials sectors. On the other hand, losses in the Technology, Healthcare, and Consumer Goods sectors led to lower shares.

The session’s worst performers were Apple Inc. They fell 0.91% or 1.10 points to trade at 119.98 at the close. 

UnitedHealth Group Incorporated dropped 0.68% or 2.38 points to end at 349.60. Intel Corporation lost 0.67% or 0.42 points to 62.25.

Franklin Resources Inc. was the top performer on the S&P 500, rising 9.82% to 28.62. Mosaic Co rose 7.41% to settle at 33.06, and Boeing Co gained 6.39% to close at 245.34.

General Electric Company were the worst performers, down 5.36% to 13.25 in late trade. Additionally, NRG Energy Inc lost 4.88% to settle at 40.74, and Lam Research Corp shed 4.56% to 518.70 at the close.

On the NASDAQ Composite, the top performers were AVEO Pharmaceuticals Inc, Koss Corporation, and Enveric Biosciences Inc.

Its worst performers were INVO Bioscience Inc., Sundance Energy Australia Ltd ADR, and Mingzhu Logistics Holdings Ltd.

The CBOE Volatility Index declined 6.12% to 22.56.

Game Stop Ends up 7.3% After Wild Swings

 

Meanwhile, shares of GameStop closed at $265. They rose by as much as 41% to a peak of $348.50. According to some analysts, this was accelerated by bearish investors unwinding bets against the stock.

On Wednesday, video game retailer GameStop ended 7.3% higher. Other so-called meme stocks soar.

Moreover, the rally put the firm’s market capitalization at $18.48 billion. That makes it the biggest listing on the S&P 600 index of small-cap stocks.

GameStop shares were up 800% from last month’s low, at their session high. However, they are still 28% below their late January peak.

Stock traders exchanged almost $20 billion worth of GameStop shares. After Tesla and ahead of Apple, it has become the Wall Street session’s second most-traded company.

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