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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.34%

Published 02/01/2025, 21:30
Updated 02/01/2025, 21:36
© Reuters U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.34%
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Investing.com – U.S. equities were lower at the close on Thursday, as losses in the Consumer Goods, Basic Materials and Industrials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.34%, while the S&P 500 index lost 0.20%, and the NASDAQ Composite index lost 0.16%.

The biggest gainers of the session on the Dow Jones Industrial Average were NVIDIA Corporation (NASDAQ:NVDA), which rose 2.99% or 4.01 points to trade at 138.30 at the close. Chevron Corp (NYSE:CVX) added 1.29% or 1.87 points to end at 146.71 and McDonald’s Corporation (NYSE:MCD) was up 0.90% or 2.62 points to 292.51 in late trade.

Biggest losers included Boeing Co (NYSE:BA), which lost 2.90% or 5.13 points to trade at 171.87 in late trade. Nike Inc (NYSE:NKE) declined 2.64% or 2.00 points to end at 73.67 and Apple Inc (NASDAQ:AAPL) shed 2.62% or 6.57 points to 243.85.

The top performers on the S&P 500 were Vistra Energy Corp (NYSE:VST) which rose 8.55% to 149.66, Constellation Energy Corp (NASDAQ:CEG) which was up 8.44% to settle at 242.60 and First Solar Inc (NASDAQ:FSLR) which gained 5.80% to close at 186.47.

The worst performers were Tesla Inc (NASDAQ:TSLA) which was down 6.08% to 379.28 in late trade, General Motors Company (NYSE:GM) which lost 3.58% to settle at 51.37 and PPG Industries Inc (NYSE:PPG) which was down 3.37% to 115.42 at the close.

The top performers on the NASDAQ Composite were N2OFF Inc (NASDAQ:NITO) which rose 331.45% to 1.07, Electra Battery Materials Corp (NASDAQ:ELBM) which was up 322.78% to settle at 1.96 and C3is Inc (NASDAQ:CISS) which gained 180.31% to close at 1.60.

The worst performers were Neumora Therapeutics Inc (NASDAQ:NMRA) which was down 81.42% to 1.97 in late trade, Mars Acquisition Corp (NASDAQ:MARX) which lost 74.77% to settle at 2.48 and Shineco Inc (NASDAQ:SISI) which was down 54.19% to 2.08 at the close.

Advancing stocks outnumbered falling ones by 1506 to 1311 and 51 ended unchanged; on the Nasdaq Stock Exchange, 1805 rose and 1511 declined, while 115 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.34% to 17.93.

In commodities trading, Gold Futures for February delivery was up 1.13% or 29.80 to $2,670.80 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.98% or 1.42 to hit $73.14 a barrel, while the March Brent oil contract rose 1.69% or 1.26 to trade at $75.90 a barrel.

EUR/USD was down 0.84% to 1.03, while USD/JPY rose 0.20% to 157.57.

The US Dollar Index Futures was up 0.73% at 109.09.

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