S&P 500 top movers: DXC Technology Co (DXC) gains more than 4% as top-performer

  • S&P 500 Index stays little changed in Friday's quiet market action.
  • DXC Technology Co (DXC) shares rise after company filed for debt shelf.
  • Sempra Energy (SRE) loses more than 2% as the biggest decliner.

Wall Street's main indexes trade little changed in choppy Friday trade and the S&P 500 Index was last seen gaining 0.05% on a daily basis at 3,375.

Earlier in the day, the data from the US showed that Retail Sales in July rose less than expected but Industrial Production continued to expand and the University of Michigan's Consumer Confidence Index improved slightly in August. Nevertheless, investors don't seem to be willing to take large positions ahead of the weekend.

S&P 500 top movers

DXC Technology Co (DXC) on Friday announced that it has filed for debt shelf but did not disclose the size. Following this development, DXC gained traction and was last seen up 4.1% on the day at $20.45 as the biggest gainer. 

Applied Materials Inc (AMAT) and Cabot Oil & Gas Corp (COG) shares are both up around 3.6% as the other noteworthy winners of the day.

On the other hand, Sempra Energy (SRE) and Illumina Inc (ILMN) shares are down 2.5% and 2%, respectively, to lead the decliners.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

Latest Forex News

Latest Forex News

Editors’ Picks

EUR/USD trades at fresh September lows

Risk-aversion is the main theme this Monday, amid resurgent coronavirus cases in the Old Continent and the announcement of  new lockdowns. ECB’s Lagarde said the economic recovery in the EU is “very uncertain, uneven and incomplete.”


GBP/USD extends slump sub-1.2800

The Pound plunged on a dismal market mood, as PM Johnson acknowledged the kingdom is undergoing a second coronavirus wave. GBP/USD trades at one-week lows around 1.2800.


XAU/USD bullish bias starting to fade

Gold prices are testing the bull's commitments at the support structure around $1,906 in what could be a final test before the next leg higher of the bullish trend.

Gold News

Bitcoin needs to defend critical support level at $10,600

Bitcoin was trading inside an ascending triangle pattern between September 3 and September 15, which is created when the price establishes higher lows and a horizontal trendline around the swing highs. 

Read more

WTI plummets to $39, down more than 4%

Crude oil prices closed the previous week sharply higher but erased a large portion of those gains on Monday. As of writing, the barrel of West Texas Intermediate was down 4.2%, the biggest daily percentage decline in nearly two weeks, at $39.15.

Oil News