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The stock market on Friday: S&P500 closes with minimal gain

21 May 2022
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2 min.
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The stock market on Friday: S&P500 closes with minimal gain

Company stocks at the end of the week

The S&P 500 index, the broadest measure of the US stock market, moved into bear market territory on Friday before returning above that level. At the close of trading on the New York Stock Exchange (NYSE), the Dow Jones was up 0.03%, the S&P 500 was up 0.01% and the Nasdaq Composite was down 0.30%.

The S&P500 and Nasdaq Composite also ended the week recording their 7th consecutive negative week, the longest streak since the end of the dot-com bubble in 2001. The Dow-30 experienced its eighth consecutive weekly decline, the longest since 1932.

Shares of such companies rose in yesterday's trading: Cisco (NASDAQ: CSCO) +2.92%, Salesforce (NYSE: CRM) +2.60%, American Tower (NYSE: AMT) +4.73%, PBF Logistics (NYSE: PBFX) +0. 64%, Sleep Number (NASDAQ: SNBR) +3.32%, Instil Bio (NASDAQ: TIL) +1.96%, MannKind Corporation (NASDAQ: MNKD) +4.84%, Ellington Financial (NYSE: EFC) +0.40%, Rover Group (NASDAQ: ROVR) +5.11%, Origin Bancorp (NASDAQ: OBNK) +0.65%.

However, shares of such companies fell in yesterday's trading: Boeing (NYSE: BA) -5.07%, 3M Company (NYSE: MMM) -2.13%, Deere and Company (NYSE: DE) -14.07%, Advance Auto Parts (NYSE: AAP) -7.23%, WM Technology (NASDAQ: MAPS) -2.00%, Lightwave Logic (NASDAQ: LWLG) -0. 50%, Varex Imaging (NASDAQ: VREX) -0.86%, PDF Solutions (NASDAQ: PDFS) -0.47%, Faraday Future (NASDAQ: FFIE) -2.11%, Schweitzer-Mauduit International (NYSE: SWM) -2.30%, Cadre Holdings (NYSE: CDRE) -1.36%, Bristow Group (NYSE: VTOL) -0.068%, BrightSphere Investment Group (NYSE: BSIG) -0.20%.

Also, on the NYSE, the numb. of securities that declined (1,670) exceeded the numb. that closed on the plus side (1,486), while 140 stocks were virtually unchanged. On the Nasdaq, 2,068 companies fell in price, 1,648 up and 267 remained flat at the previous close.

Companies25 in the news

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Source foto:
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