September 24, 2018: The S&P 500 closed down 0.3% at 2,919.38. The DJIA closed down 0.7% at 26,562.18. Separately, the Nasdaq was flat at 7,993.25.
Monday was a down day for the broad U.S. markets. The S&P 500 and the Dow pulled back from their all-time highs. Crude oil made a sizeable move and pushed even higher above $70. The S&P 500 sectors were mostly negative. The most positive sectors were energy and technology up 1.5% and 0.5%, respectively. The worst performing sectors were industrials and consumer staples down 1.6% and 1.5%, respectively.
Crude oil was last seen trading up 2.0% at $72.19.
Gold was last seen trading up 0.2% at $1,203.40.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Michael Kors Holdings Limited (NYSE: KORS) which fell about 8% to $66.80. The stock's 52-week range is $45.77 to $75.96. Volume was about 6 million compared to the daily average volume of 2 million.
Hot Performing Stocks To Buy For 2019: Forward Pharma A/S(FWP)
Advisors' Opinion:- [By Lisa Levin] Gainers Forward Pharma A/S (NASDAQ: FWP) shares gained 88.18 percent to close at $4.14 on Tuesday. Regional Health Properties, Inc. (NYSE: RHE) shares jumped 18.04 percent to close at $0.3010 on Tuesday. Precipio, Inc. (NASDAQ: PRPO) shares gained 16.61 percent to close at $0.49 after the nano-cap specialty diagnostics company said it saw an acceleration of sales in its Pathology services in April. The company now expects to see a sequential double digit quarterly sales growth. Arcturus Therapeutics Ltd. (NASDAQ: ARCT) rose 16.09 percent to close at $7.00 on Tuesday. America's Car-Mart, Inc. (NASDAQ: CRMT) gained 14.53 percent to close at $62.65 after reporting upbeat Q4 results. NanoString Technologies, Inc. (NASDAQ: NSTG) shares surged 12.64 percent to close at $13.19. Geron Corporation (NASDAQ: GERN) gained 12.12 percent to close at $4.07 on Tuesday. Quotient Limited (NASDAQ: QTNT) shares climbed 11.58 percent to close at $6.55 on Tuesday. American Equity Investment Life Holding Company (NYSE: AEL) rose 11.23 percent to close at $32.28 following a report from Reuters that the company is looking for a sale. iQIYI, Inc. (NASDAQ: IQ) gained 11.15 percent to close at $22.52. Veracyte, Inc. (NASDAQ: VCYT) rose 10.4 percent to close at $7.11. Stein Mart, Inc. (NASDAQ: SMRT) gained 10.26 percent to close at $3.33. Stein Mart is expected to release quarterly earnings on May 23. MiMedx Group, Inc. (NASDAQ: MDXG) shares rose 10.11 percent to close at $8.06. The Container Store Group, Inc. (NYSE: TCS) gained 8.2 percent to close at $8.18. Container Store reported weaker-than-expected earnings for its fourth quarter after the closing bell. Photronics, Inc. (NASDAQ: PLAB) shares gained 7.69 percent to close at $9.10 after the company reported upbeat Q2 results. Micron Technology, Inc. (NASDAQ: MU) rose 6.4 percent to close at $59.03 after reporting a $10 billion buyback plan.
- [By Ethan Ryder]
ValuEngine lowered shares of Forward Pharma A/S (NASDAQ:FWP) from a hold rating to a sell rating in a report published on Thursday morning.
NASDAQ:FWP opened at $2.49 on Thursday. Forward Pharma A/S has a fifty-two week low of $1.63 and a fifty-two week high of $7.93.
- [By Money Morning Staff Reports]
Before we get to our latest pick, here are last week's top-performing penny stocks:
Penny Stock Sector Current Share Price Last Week's Gain Melinta Therapeutics Inc. (NASDAQ: MLNT) Healthcare $1.74 104.01% Pernix Therapeutics Holdings Inc. (NASDAQ: PTX) Healthcare $0.83 84.40% Top Image Systems Ltd. (NASDAQ: TISA) Healthcare $0.82 59.85% Jason Industries Inc. (NASDAQ: JASN) Healthcare $2.21 58.99% Maxwell Technologies Inc. (NASDAQ: MXWL) Financial $4.66 51.79% Marathon Patent Group Inc. (NASDAQ: MARA) Healthcare $0.52 51.47% Forward Pharma A/S (NASDAQ: FWP) Basic Materials $1.53 43.57% Dixie Group Inc. (NASDAQ: DXYN) Healthcare $1.40 42.86% Trevena Inc. (NASDAQ: TRVN) Services $1.41 39.60% Alliance MMA Inc. (NASDAQ: AMMA) Healthcare $4.95 36.18%Don't Miss Out: The Treasury is sitting on an $11.1 billion cash pile, and a loophole entitles Americans to a sizable portion. Some are collecting $1,795, $3,000, or $5,000 every month thanks to this powerful investment…
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers Forward Pharma A/S (NASDAQ: FWP) fell 15.2 percent to $3.51 in pre-market trading after surging 88.18 percent on Tuesday. Pfenex Inc. (NASDAQ: PFNX) shares fell 15 percent to $5.85 in pre-market trading after the company announced an offering of common stock. Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) fell 17.6 percent to $47.75 in pre-market trading after the company reported downbeat results for its first quarter and issued a weak earnings forecast for the second quarter. Container Store Group, Inc. (NYSE: TCS) fell 13 percent to $7.15 in pre-market trading after reporting weaker-than-expected earnings for its fourth quarter. Ardelyx, Inc. (NASDAQ: ARDX) shares fell 12.1 percent to $4.00 in pre-market trading after reporting pricing of public offering of common stock. Boston Scientific Corporation (NYSE: BSX) shares fell 9.8 percent to $27.31 in pre-market trading. Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) fell 6.5 percent to $6.60 in pre-market trading. Target Corporation (NYSE: TGT) shares fell 5.8 percent to $71.02 in pre-market trading. Target reported weaker-than-expected earnings for its first quarter, while sales exceeded estimates. PBF Energy Inc. (NYSE: PBF) shares fell 5.7 percent to $42.42 in pre-market trading
Hot Performing Stocks To Buy For 2019: Universal Health Services, Inc.(UHS)
Advisors' Opinion:- [By Shane Hupp]
Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its stake in shares of Universal Health Services, Inc. Class B (NYSE:UHS) by 4.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,800 shares of the health services provider’s stock after acquiring an additional 1,400 shares during the quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Universal Health Services, Inc. Class B were worth $3,878,000 at the end of the most recent reporting period.
- [By Max Byerly]
Parametrica Management Ltd acquired a new stake in Universal Health Services (NYSE:UHS) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,694 shares of the health services provider’s stock, valued at approximately $201,000.
- [By Reuben Gregg Brewer]
An aging baby boomer population is set to boost results at HCP, Inc. (NYSE:HCP) and Universal Health Services, Inc. (NYSE:UHS) for years to come. But is it better to own physical assets, like real estate investment trust HCP, or run them, like health facility operator Universal? In the end, these two companies are very similar but also differ in many ways. Here's what you need to know to pick the one that's right for you.
- [By Logan Wallace]
TheStreet cut shares of Universal Health Services, Inc. Class B (NYSE:UHS) from a b rating to a c+ rating in a research note published on Friday morning.
- [By Stephan Byrd]
Quorum Health (NYSE: QHC) and Universal Health Services (NYSE:UHS) are both medical companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, institutional ownership, profitability, earnings and risk.
- [By Shane Hupp]
Nomura Asset Management Co. Ltd. boosted its stake in shares of Universal Health Services, Inc. Class B (NYSE:UHS) by 130.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,657 shares of the health services provider’s stock after buying an additional 30,365 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.06% of Universal Health Services, Inc. Class B worth $6,353,000 as of its most recent SEC filing.
Hot Performing Stocks To Buy For 2019: BlackRock Strategic Municipal Trust Inc. (BSD)
Advisors' Opinion:- [By Logan Wallace]
BitSend (CURRENCY:BSD) traded 3.6% higher against the U.S. dollar during the one day period ending at 21:00 PM Eastern on June 2nd. One BitSend coin can currently be bought for approximately $0.53 or 0.00006976 BTC on popular cryptocurrency exchanges including Livecoin, Cryptopia, SouthXchange and LiteBit.eu. BitSend has a market cap of $10.33 million and approximately $22,076.00 worth of BitSend was traded on exchanges in the last 24 hours. In the last seven days, BitSend has traded up 2.3% against the U.S. dollar.
- [By Ethan Ryder]
BitSend (BSD) is a PoW/PoS coin that uses the X11 hashing algorithm. BitSend’s total supply is 19,754,725 coins. BitSend’s official Twitter account is @Bit_send. The official website for BitSend is www.bitsend.info.
- [By Ethan Ryder]
BitSend (CURRENCY:BSD) traded down 8.9% against the U.S. dollar during the 1 day period ending at 16:00 PM Eastern on June 20th. During the last week, BitSend has traded 5.1% higher against the U.S. dollar. BitSend has a market cap of $6.58 million and approximately $147,698.00 worth of BitSend was traded on exchanges in the last 24 hours. One BitSend coin can now be purchased for approximately $0.34 or 0.00004993 BTC on major exchanges including LiteBit.eu, Cryptopia, SouthXchange and Bittrex.
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