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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.45%

Published 16/09/2022, 21:25
Updated 16/09/2022, 21:26
© Reuters U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.45%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.45% to hit a new 1-month low, while the S&P 500 index declined 0.72%, and the NASDAQ Composite index lost 0.90%.

The biggest gainers of the session on the Dow Jones Industrial Average were Home Depot Inc (NYSE:HD), which rose 1.63% or 4.43 points to trade at 275.97 at the close. Amgen Inc (NASDAQ:AMGN) added 1.53% or 3.48 points to end at 231.14 and Johnson & Johnson (NYSE:JNJ) was up 1.53% or 2.52 points to 167.60 in late trade.

Biggest losers included Boeing Co (NYSE:BA), which lost 3.67% or 5.49 points to trade at 144.29 in late trade. Chevron Corp (NYSE:CVX) declined 2.60% or 4.17 points to end at 156.45 and Walt Disney Company (NYSE:DIS) shed 2.28% or 2.52 points to 108.25.

The top performers on the S&P 500 were Iron Mountain Incorporated (NYSE:IRM) which rose 3.35% to 55.29, Newmont Goldcorp Corp (NYSE:NEM) which was up 3.09% to settle at 43.71 and Dollar Tree Inc (NASDAQ:DLTR) which gained 2.89% to close at 141.92.

The worst performers were FedEx Corporation (NYSE:FDX) which was down 21.40% to 161.02 in late trade, WestRock Co (NYSE:WRK) which lost 11.48% to settle at 34.15 and International Paper (NYSE:IP) which was down 11.21% to 35.23 at the close.

The top performers on the NASDAQ Composite were Panbela Therapeutics Inc (NASDAQ:PBLA) which rose 53.06% to 0.58, Applied Opt (NASDAQ:AAOI) which was up 50.40% to settle at 3.76 and Axcella Health Inc (NASDAQ:AXLA) which gained 29.57% to close at 2.41.

The worst performers were Aditx Therapeutics Inc (NASDAQ:ADTX) which was down 58.52% to 4.31 in late trade, Esports Entertainment Group Inc (NASDAQ:GMBL) which lost 46.15% to settle at 0.18 and Shuttle Pharmaceuticals Inc (NASDAQ:SHPH) which was down 45.94% to 8.99 at the close.

Declining stocks outnumbered rising ones by 2284 to 844 and 131 ended unchanged; on the Nasdaq Stock Exchange, 2585 fell and 1159 advanced, while 233 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.11% to 26.30.

In commodities trading, Gold Futures for December delivery was up 0.38% or 6.35 to $1,683.65 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.29% or 0.25 to hit $85.35 a barrel, while the November Brent oil contract rose 0.81% or 0.74 to trade at $91.58 a barrel.

EUR/USD was unchanged 0.09% to 1.00, while USD/JPY fell 0.39% to 142.96.

The US Dollar Index Futures was down 0.02% at 109.43.

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