Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.37%

Published 02/08/2019, 22:25
Updated 02/08/2019, 22:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.37%

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.37% to hit a new 1-month low, while the S&P 500 index declined 0.73%, and the NASDAQ Composite index lost 1.32%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 1.62% or 5.41 points to trade at 339.56 at the close. McDonald’s Corporation (NYSE:MCD) added 1.52% or 3.21 points to end at 214.46 and Merck & Company Inc (NYSE:MRK) was up 0.93% or 0.78 points to 84.47 in late trade.

Biggest losers included Cisco Systems Inc (NASDAQ:CSCO), which lost 3.86% or 2.14 points to trade at 53.25 in late trade. Dow Inc (NYSE:DOW) declined 2.69% or 1.26 points to end at 45.59 and Nike Inc (NYSE:NKE) shed 2.42% or 2.01 points to 81.11.

The top performers on the S&P 500 were Newell Brands Inc (NASDAQ:NWL) which rose 14.22% to 15.34, Fortinet Inc (NASDAQ:FTNT) which was up 8.90% to settle at 86.05 and Sealed Air Corporation (NYSE:SEE) which gained 7.70% to close at 44.32.

The worst performers were NetApp Inc (NASDAQ:NTAP) which was down 20.22% to 46.04 in late trade, Arista Networks (NYSE:ANET) which lost 10.21% to settle at 244.44 and LyondellBasell Industries NV (NYSE:LYB) which was down 6.60% to 76.11 at the close.

The top performers on the NASDAQ Composite were iPic Entertainment Inc (NASDAQ:IPIC) which rose 41.53% to 1.6700, Blackline Inc (NASDAQ:BL) which was up 31.66% to settle at 56.01 and PC Connection Inc (NASDAQ:CNXN) which gained 22.35% to close at 39.85.

The worst performers were Acorda Therapeutics Inc (NASDAQ:ACOR) which was down 48.93% to 3.10 in late trade, Glu Mobile Inc (NASDAQ:GLUU) which lost 36.50% to settle at 4.820 and Fluidigm Corporation (NASDAQ:FLDM) which was down 33.74% to 8.05 at the close.

Declining stocks outnumbered rising ones by 1884 to 1116 and 18 ended unchanged; on the Nasdaq Stock Exchange, 1755 fell and 893 advanced, while 95 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.46% to 17.61.

In commodities trading, Gold Futures for December delivery was up 1.45% or 20.80 to $1453.20 a troy ounce. Meanwhile, Crude oil for delivery in September rose 2.37% or 1.28 to hit $55.23 a barrel, while the October Brent oil contract rose 1.27% or 0.77 to trade at $61.27 a barrel.

EUR/USD was up 0.23% to 1.1108, while USD/JPY fell 0.68% to 106.61.

The US Dollar Index Futures was down 0.28% at 97.873.

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.