U.S. equities were mixed following losses in Europe and Asia as traders weighed geopolitical concerns with data showing a strong U.S. economy. The dollar rallied as consumer-spending and inflation figures signaled policy makers can keep raising interest rates.
Pfenex Inc. (PFNX) had a good day on the market for Wednesday August 29 as shares jumped 5.8% to close at $5.29. About 239,610 shares traded hands on 1,534 trades for the day, compared with an average daily volume of 203,512 shares out of a total float of 31.43 million. After opening the trading day at $4.97, shares of Pfenex Inc. stayed within a range of $5.39 to $4.97.
BankUnited Inc. (BKU) traded on unusually high volume on Aug. 29, as the stock lost 3.15% to close at $38.68. On the day, BankUnited Inc. saw 2.98 million shares trade hands on 21,523 trades. Considering that the stock averages only a daily volume of 740,348 shares a day over the last month, this represents a pretty significant bump in volume over the norm.
Gold fell Wednesday, pressured after a small upward revision to second-quarter U.S. gross domestic product data, as a leading dollar index stabilized near a one-month low, helping to send prices for the metal down a second straight session.
Labor Day in the U.S. is Sept. 3, and although financial markets will observe regular hours on Friday to wrap up trading in August, most trading platforms will be shuttered Monday.
Unisys Corporation (UIS) had a good day on the market for Wednesday August 29 as shares jumped 9.25% to close at $18.30. About 8.93 million shares traded hands on 30,705 trades for the day, compared with an average daily volume of 711,538 shares out of a total float of 51.01 million. After opening the trading day at $18.05, shares of Unisys Corporation stayed within a range of $18.65 to $17.95.
AUD/USD Current price: 0.7306
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