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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.33%

Published 20/05/2019, 22:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.33%
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Investing.com – U.S. equities were lower at the close on Monday, as losses in the Technology, Basic Materials and Consumer Goods sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.33%, while the S&P 500 index fell 0.67%, and the NASDAQ Composite index lost 1.46%.

The biggest gainers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 1.91% or 4.61 points to trade at 245.99 at the close. Verizon Communications Inc (NYSE:VZ) added 1.58% or 0.92 points to end at 59.01 and Walmart Inc (NYSE:WMT) was up 0.65% or 0.66 points to 101.52 in late trade.

Biggest losers included Apple Inc (NASDAQ:AAPL), which lost 3.13% or 5.91 points to trade at 183.09 in late trade. Intel Corporation (NASDAQ:INTC) declined 2.96% or 1.33 points to end at 43.56 and Nike Inc (NYSE:NKE) shed 2.03% or 1.72 points to 82.85.

The top performers on the S&P 500 were Pacific Gas & Electric Co (NYSE:PCG) which rose 3.88% to 17.68, TechnipFMC PLC (NYSE:FTI) which was up 2.87% to settle at 22.97 and Northrop Grumman Corporation (NYSE:NOC) which gained 2.57% to close at 314.58.

The worst performers were Western Digital Corporation (NASDAQ:WDC) which was down 6.00% to 41.95 in late trade, Activision Blizzard Inc (NASDAQ:ATVI) which lost 5.99% to settle at 43.61 and Qualcomm Incorporated (NASDAQ:QCOM) which was down 5.99% to 76.62 at the close.

The top performers on the NASDAQ Composite were Biocept Inc (NASDAQ:BIOC) which rose 95.12% to 1.600, OUTLOOK THERAPEUTICS INC (NASDAQ:OTLK) which was up 42.86% to settle at 3.00 and Bison Capital Acquisition Corp (NASDAQ:XYN) which gained 46.81% to close at 3.45.

The worst performers were Silver Run Acquisition Corporation II (NASDAQ:AMR) which was down 25.14% to 0.13 in late trade, Edison Nation Inc (NASDAQ:EDNT) which lost 18.08% to settle at 2.85 and OncoSec Medical Inc (NASDAQ:ONCS) which was down 16.61% to 0.375 at the close.

Declining stocks outnumbered rising ones by 1916 to 1035 and 127 ended unchanged; on the Nasdaq Stock Exchange, 1647 fell and 991 advanced, while 89 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.19% to 16.31.

In commodities trading, Gold Futures for June delivery was up 0.15% or 1.85 to $1277.55 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.57% or 0.36 to hit $63.28 a barrel, while the July Brent oil contract rose 0.04% or 0.03 to trade at $72.11 a barrel.

EUR/USD was up 0.02% to 1.1173, while USD/JPY rose 0.02% to 110.08.

The US Dollar Index Futures was down 0.04% at 97.785.

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