U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.55%

Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Technology, Consumer Services and Consumer Goods sectors led shares lower.

© Provided by Investing.com

At the close in NYSE, the Dow Jones Industrial Average declined 1.55%, while the S&P 500 index declined 2.50%, and the NASDAQ Composite index fell 3.36%.

Load Error

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 2.74% or 3.93 points to trade at 147.31 at the close. Meanwhile, Verizon Communications Inc (NYSE:VZ) added 0.88% or 0.33 points to end at 37.70 and Goldman Sachs Group Inc (NYSE:GS) was up 0.51% or 1.79 points to 350.37 in late trade.

The worst performers of the session were Salesforce Inc (NYSE:CRM), which fell 6.17% or 9.86 points to trade at 149.96 at the close. Walt Disney Company (NYSE:DIS) declined 3.93% or 4.17 points to end at 101.83 and Apple Inc (NASDAQ:AAPL) was down 3.73% or 5.62 points to 145.03.

The top performers on the S&P 500 were Match Group Inc (NASDAQ:MTCH) which rose 4.19% to 45.74, Charles River Laboratories (NYSE:CRL) which was up 3.70% to settle at 214.95 and Dupont De Nemours Inc (NYSE:DD) which gained 3.07% to close at 60.50.

The worst performers were Devon Energy Corporation (NYSE:DVN) which was down 12.77% to 67.43 in late trade, Paramount Global Class B (NASDAQ:PARA) which lost 12.42% to settle at 16.79 and Extra Space Storage Inc (NYSE:EXR) which was down 10.92% to 158.46 at the close.

The top performers on the NASDAQ Composite were Benefitfocus Inc (NASDAQ:BNFT) which rose 48.21% to 10.36, Forza X1 Inc (NASDAQ:FRZA) which was up 44.97% to settle at 2.45 and Bandwidth Inc (NASDAQ:BAND) which gained 41.63% to close at 17.42.

The worst performers were Cardlytics Inc (NASDAQ:CDLX) which was down 53.41% to 4.51 in late trade, Enovix Corp (NASDAQ:ENVX) which lost 41.47% to settle at 10.53 and Selina Hospitality (NASDAQ:SLNA) which was down 36.62% to 6.30 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2474 to 593 and 96 ended unchanged; on the Nasdaq Stock Exchange, 2857 fell and 946 advanced, while 122 ended unchanged.

Shares in Paramount Global Class B (NASDAQ:PARA) fell to 52-week lows; down 12.42% or 2.38 to 16.79. Shares in Extra Space Storage Inc (NYSE:EXR) fell to 52-week lows; falling 10.92% or 19.43 to 158.46. Shares in Cardlytics Inc (NASDAQ:CDLX) fell to all time lows; falling 53.41% or 5.17 to 4.51. Shares in Selina Hospitality (NASDAQ:SLNA) fell to all time lows; down 36.62% or 3.64 to 6.30.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.19% to 25.86.

Gold Futures for December delivery was down 0.68% or 11.25 to $1,638.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.94% or 0.83 to hit $89.20 a barrel, while the January Brent oil contract rose 0.91% or 0.86 to trade at $95.51 a barrel.

EUR/USD was unchanged 0.50% to 0.98, while USD/JPY fell 0.31% to 147.82.

The US Dollar Index Futures was up 0.51% at 111.93.

Continue Reading

Leave a Reply

Your email address will not be published. Required fields are marked *