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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.05%

Published 29/12/2023, 21:30
U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.05%

Investing.com – U.S. equities were lower at the close on Friday, as losses in the Basic Materials, Consumer Services and Financials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.05%, while the S&P 500 index fell 0.28%, and the NASDAQ Composite index declined 0.56%.

The biggest gainers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which rose 0.63% or 1.19 points to trade at 190.52 at the close. Procter & Gamble Company (NYSE:PG) added 0.60% or 0.88 points to end at 146.61 and Verizon Communications Inc (NYSE:VZ) was up 0.56% or 0.21 points to 37.70 in late trade.

Biggest losers included Walgreens Boots Alliance Inc (NASDAQ:WBA), which lost 1.84% or 0.49 points to trade at 26.11 in late trade. Salesforce Inc (NYSE:CRM) declined 0.90% or 2.39 points to end at 263.19 and Dow Inc (NYSE:DOW) shed 0.71% or 0.39 points to 54.84.

The top performers on the S&P 500 were Boston Scientific Corp (NYSE:BSX) which rose 2.72% to 57.81, Molina Healthcare Inc (NYSE:MOH) which was up 1.47% to settle at 361.65 and Hershey Co (NYSE:HSY) which gained 1.32% to close at 186.54.

The worst performers were Albemarle Corp (NYSE:ALB) which was down 3.34% to 144.44 in late trade, Warner Bros Discovery Inc (NASDAQ:WBD) which lost 2.65% to settle at 11.38 and PayPal Holdings Inc (NASDAQ:PYPL) which was down 2.65% to 61.41 at the close.

The top performers on the NASDAQ Composite were Sentage Holdings Inc (NASDAQ:SNTG) which rose 182.49% to 5.00, China SXT Pharmaceuticals Inc (NASDAQ:SXTC) which was up 91.79% to settle at 3.97 and Qilian International Holding Group Ltd (NASDAQ:QLI) which gained 66.59% to close at 0.73.

The worst performers were Global Mofy Metaverse Ltd (NASDAQ:GMM) which was down 49.91% to 5.58 in late trade, Cue Health Inc (NASDAQ:HLTH) which lost 42.23% to settle at 0.16 and MOBIX LABS, INC (NASDAQ:MOBX) which was down 34.42% to 4.02 at the close.

Declining stocks outnumbered rising ones by 2043 to 841 and 73 ended unchanged; on the Nasdaq Stock Exchange, 2511 fell and 918 advanced, while 108 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.16% to 12.45.

In commodities trading, Gold Futures for February delivery was down 0.53% or 11.10 to $2,072.40 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.70% or 0.50 to hit $71.27 a barrel, while the March Brent oil contract fell 0.10% or 0.08 to trade at $77.07 a barrel.

EUR/USD was unchanged 0.20% to 1.10, while USD/JPY fell 0.26% to 141.02.

The US Dollar Index Futures was up 0.14% at 101.06.

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