Illumina Inc. stock falls Monday, underperforms market

Shares of Illumina Inc. ILMN, -2.18% shed 2.18% to $362.28 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.14% falling 0.14% to 4,670.29 and Dow Jones Industrial Average DJIA, -0.45% falling 0.45% to 36,068.87. This was the stock’s second consecutive day of losses. Illumina Inc. closed $193.49 below its 52-week high ($555.77), which the company achieved on February 12th.

Nasdaq ekes out gain, S&P 500 and Dow extend losing streaks as Wall Street warns of more than 3 Fed rate hikes in 2022

The tech-heavy Nasdaq Composite Index eked out a slight gain in the final minutes of trading on Monday, after bearing the brunt of a broader stock selloff earlier in the day, while the S&P 500 and Dow industrials extended their losing streaks, with worries about Federal Reserve policy reverberating in financial markets.

Three Wall Street firms — Goldman Sachs Group Inc., JPMorgan Chase & Co., and Deutsche Bank AG — said they see the Fed delivering more than the three rate hikes that policy makers have penciled in for this year.

AstraZeneca PLC ADR outperforms market on strong trading day

The AstraZeneca PLC ADR AZN, +1.43% rallied 1.43% to $57.48 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -0.96% falling 0.96% to 14,935.90 and Dow Jones Industrial Average DJIA, -0.01% falling 0.01% to 36,231.66. The ADR’s rise snapped a three-day losing streak. AstraZeneca PLC ADR closed $6.73 below its 52-week high ($64.21), which the company reached on November 2nd.

JPMorgan Chase & Co. stock rises Friday, outperforms market

Shares of JPMorgan Chase & Co. JPM, +0.99% inched 0.99% higher to $167.16 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.41% falling 0.41% to 4,677.03 and Dow Jones Industrial Average DJIA, -0.01% falling 0.01% to 36,231.66. This was the stock’s second consecutive day of gains. JPMorgan Chase & Co. closed $5.80 short of its 52-week high ($172.96), which the company reached on October 25th.

error: Content is protected !!