Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.22%

Published 24/04/2019, 22:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.22%
US500
-
DJI
-
CVX
-
CAT
-
DIS
-
DOW
-
MCD
-
APC
-
AVY
-
NOV
-
RHI
-
PCG
-
NKE
-
IXIC
-
GEENQ
-
IRBT
-
KONA
-
TEL
-
DJUSBM
-
DJUSTL
-
DJUSEN
-
VIX
-
FSNNQ
-
ENFC_old
-
YGTYF
-

Investing.com – U.S. equities were lower at the close on Wednesday, as losses in the Telecoms, Oil & Gas and Basic Materials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.22%, while the S&P 500 index lost 0.22%, and the NASDAQ Composite index fell 0.23%.

The biggest gainers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE:DIS), which rose 1.30% or 1.74 points to trade at 135.10 at the close. McDonald’s Corporation (NYSE:MCD) added 1.21% or 2.37 points to end at 197.63 and Nike Inc (NYSE:NKE) was up 1.10% or 0.96 points to 88.39 in late trade.

Biggest losers included Chevron Corp (NYSE:CVX), which lost 3.07% or 3.74 points to trade at 118.28 in late trade. Caterpillar Inc (NYSE:CAT) declined 3.03% or 4.30 points to end at 137.73 and Dow Inc (NYSE:DOW) shed 2.88% or 1.66 points to 55.98.

The top performers on the S&P 500 were Anadarko Petroleum Corp (NYSE:APC) which rose 11.58% to 71.40, TE Connectivity Ltd (NYSE:TEL) which was up 6.70% to settle at 95.83 and Pacific Gas & Electric Co (NYSE:PCG) which gained 6.50% to close at 22.93.

The worst performers were Robert Half International Inc (NYSE:RHI) which was down 8.42% to 63.00 in late trade, National Oilwell Varco Inc (NYSE:NOV) which lost 5.05% to settle at 26.49 and Avery Dennison Corp (NYSE:AVY) which was down 4.48% to 110.80 at the close.

The top performers on the NASDAQ Composite were Global Eagle Entertainment Inc (NASDAQ:ENT) which rose 47.57% to 0.769, Entegra Financial Corp (NASDAQ:ENFC) which was up 24.74% to settle at 29.50 and SSLJ.com Ltd (NASDAQ:SSLJ) which gained 23.46% to close at 4.0000.

The worst performers were Kona Grill Inc (NASDAQ:KONA) which was down 38.12% to 0.14 in late trade, Fusion Telecommunications International Inc (NASDAQ:FSNN) which lost 34.25% to settle at 0.132 and iRobot Corporation (NASDAQ:IRBT) which was down 23.09% to 100.42 at the close.

Declining stocks outnumbered rising ones by 1493 to 1469 and 132 ended unchanged; on the Nasdaq Stock Exchange, 1383 fell and 1248 advanced, while 101 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 7.00% to 13.14.

In commodities trading, Gold Futures for June delivery was up 0.37% or 4.70 to $1277.90 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.78% or 0.52 to hit $65.78 a barrel, while the June Brent oil contract rose 0.01% or 0.01 to trade at $74.55 a barrel.

EUR/USD was up 0.08% to 1.1160, while USD/JPY fell 0.05% to 112.11.

The US Dollar Index Futures was up 0.48% at 97.792.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.