Stocks finished mixed on Friday, with blue-chips sinking after
December jobs data trailed analyst forecasts but broader market
gauges closed the session and the week with gains. Most industry
sectors in the S&P 500 ended the day in the black, led by
utility stocks. Shares of healthcare and consumer staple stocks
also outperformed, reflecting investor caution today.
Non-farm payrolls increased by an anemic 74,000 in December,
well below the consensus estimate expecting a 191,000 gain.
November hiring was revised upward by 38,000 additional workers
while the jobless rate fell to 6.7% - its lowest mark since October
Other data today included an as-expected 0.5% gain in November
Crude oil for February delivery settled $1.06 lower at $92.72
per barrel while February natural gas finished with a 5-cent gain
at $4.05 per 1 million BTU. February gold rose $17.30 to $1,246.60
per ounce while March silver added 55 cents to $20.23 per share.
March copper climbed 4 cents to $3.34 per pound.
Here's where the U.S. markets stood at end-of-day:
Dow Jones Industrial Average down 7.71 (-0.05%) to 16437.05
S&P 500 up 4.24 (0.23%) to 1842.37
Nasdaq Composite Index up 18.47 (+0.44%) to 4174.66
Hang Seng Index up 0.26%
Shanghai China Composite Index down 0.71%
FTSE 100 Index up 0.73%
(+), ICPT Continues Thursday's rally triggered after its
obeticholic adic study for the treatment of nonalcoholic
steatohepatitis was stopped early after an interim analysis showed
it already met the primary endpoint.
(+) IMMU, Reported the first patient dosing in the company's
Phase III registration study of its pancreatic cancer drug,
yttrium-90 (90Y)-clivatuzumab tetraxetan.
(+), ANF (+9.8%) Boosts its guidance for full-year adjusted
earnings based on better-than-expected sales and cost cuts.
(-) CHTP, FDA briefing document on Northera cites "lack of
sufficient evidence of efficacy".
(-) PSUN, Expects its Q4 non-GAAP loss per diluted share from
continuing operations to be in the range of $0.21 - $0.18 versus
estimates of a loss of $0.14 per share.
(-) BV, Federal judge in San Francisco ruled in favor of the
government in its anti-trust lawsuit challenging the company's
acquisition of rival PowerReviews.
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