2 weeks ago
Stock Market

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.78%

Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the Consumer Services, Technology and Basic

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.78%, while the S&P 500 index declined 0.81%, and the NASDAQ Composite index fell 1.13%.

The best performers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE:VZ), which rose 1.11% or 0.62 points to trade at 56.30 at the close. Meanwhile, Exxon Mobil Corp (NYSE:XOM) added 1.11% or 0.88 points to end at 80.16 and Nike Inc (NYSE:NKE) was up 0.15% or 0.13 points to 85.26 in late trade.

The worst performers of the session were Walgreens Boots Alliance Inc (NASDAQ:WBA), which fell 2.14% or 1.31 points to trade at 59.79 at the close. Caterpillar Inc (NYSE:CAT) declined 1.51% or 2.03 points to end at 132.80 and 3M Company (NYSE:MMM) was down 1.45% or 2.94 points to 199.86.

The top performers on the S&P 500 were Electronic Arts Inc (NASDAQ:EA) which rose 4.84% to 99.36, CenturyLink Inc (NYSE:CTL) which was up 4.76% to settle at 12.11 and Allergan PLC (NYSE:AGN) which gained 3.99% to close at 143.00.

The worst performers were Kroger Company (NYSE:KR) which was down 9.95% to 25.61 in late trade, Mosaic Co (NYSE:MOS) which lost 4.48% to settle at 27.92 and Wynn Resorts Limited (NASDAQ:WYNN) which was down 3.95% to 118.67 at the close.

The top performers on the NASDAQ Composite were Bio Path Holdings Inc (NASDAQ:BPTH) which rose 223.29% to 38.860, Seelos Therapeutics Inc (NASDAQ:SEEL) which was up 96.13% to settle at 3.040 and GTX Inc (NASDAQ:GTXI) which gained 67.72% to close at 1.5400.

The worst performers were Synergy Pharmaceuticals Inc (NASDAQ:SGYP) which was down 52.00% to 0.030 in late trade, Aptevo Therapeutics Inc (NASDAQ:APVO) which lost 40.20% to settle at 0.885 and Evine Live Inc (NASDAQ:EVLV) which was down 24.73% to 0.331 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2050 to 959 and 92 ended unchanged; on the Nasdaq Stock Exchange, 1748 fell and 889 advanced, while 86 ended unchanged.

Shares in Synergy Pharmaceuticals Inc (NASDAQ:SGYP) fell to all time lows; falling 52.00% or 0.033 to 0.030. Shares in Aptevo Therapeutics Inc (NASDAQ:APVO) fell to all time lows; down 40.20% or 0.595 to 0.885. Shares in Evine Live Inc (NASDAQ:EVLV) fell to 5-year lows; losing 24.73% or 0.109 to 0.331.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 11.27% to 16.59 a new 1-month high.

Gold Futures for April delivery was up 0.03% or 0.45 to $1286.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.12% or 0.07 to hit $56.48 a barrel, while the May Brent oil contract rose 0.08% or 0.05 to trade at $66.07 a barrel.

EUR/USD was up 0.04% to 1.1196, while USD/JPY rose 0.00% to 111.58.

The US Dollar Index Futures was up 0.79% at 97.565.