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 0.53%

Published 24/09/2019, 22:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.53%
US500
-
DJI
-
BA
-
INTC
-
DOW
-
GS
-
ISRG
-
HAL
-
WMT
-
MRO
-
VZ
-
CAG
-
HP
-
IXIC
-
DJUSBM
-
DJUSEN
-
DJUSTC
-
HBI
-
VIX
-
LGMK
-
OVID
-
SNNAQ
-
UXIN
-
PT
-
GHSI
-

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.53%, while the S&P 500 index fell 0.84%, and the NASDAQ Composite index lost 1.46%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 1.23% or 4.62 points to trade at 381.65 at the close. Walmart Inc (NYSE:WMT) added 0.66% or 0.78 points to end at 118.40 and Verizon Communications Inc (NYSE:VZ) was up 0.50% or 0.30 points to 60.51 in late trade.

Biggest losers included Dow Inc (NYSE:DOW), which lost 2.73% or 1.31 points to trade at 46.60 in late trade. Goldman Sachs Group Inc (NYSE:GS) declined 2.67% or 5.71 points to end at 207.75 and Intel Corporation (NASDAQ:INTC) shed 2.12% or 1.08 points to 49.82.

The top performers on the S&P 500 were Intuitive Surgical Inc (NASDAQ:ISRG) which rose 2.56% to 541.46, ConAgra Foods Inc (NYSE:CAG) which was up 2.28% to settle at 29.56 and Hanesbrands Inc (NYSE:HBI) which gained 2.27% to close at 14.89.

The worst performers were Marathon Oil Corporation (NYSE:MRO) which was down 6.72% to 12.22 in late trade, Helmerich and Payne Inc (NYSE:HP) which lost 5.93% to settle at 40.76 and Halliburton Company (NYSE:HAL) which was down 5.43% to 19.49 at the close.

The top performers on the NASDAQ Composite were NXT-ID Inc (NASDAQ:NXTD) which rose 39.31% to 0.6500, Ovid Therapeutics Inc (NASDAQ:OVID) which was up 25.51% to settle at 3.10 and Guardion Health Sciences Inc (NASDAQ:GHSI) which gained 22.00% to close at 0.7930.

The worst performers were Pintec Technology Holdings Ltd (NASDAQ:PT) which was down 28.51% to 1.63 in late trade, Sienna Biopharmaceuticals Inc (NASDAQ:SNNA) which lost 22.47% to settle at 0.11 and Uxin Ltd (NASDAQ:UXIN) which was down 20.07% to 2.23 at the close.

Declining stocks outnumbered rising ones by 2028 to 867 and 79 ended unchanged; on the Nasdaq Stock Exchange, 2123 fell and 545 advanced, while 64 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 14.35% to 17.05.

In commodities trading, Gold Futures for December delivery was up 0.51% or 7.75 to $1539.25 a troy ounce. Meanwhile, Crude oil for delivery in November fell 3.14% or 1.84 to hit $56.80 a barrel, while the November Brent oil contract fell 0.05% or 0.03 to trade at $62.42 a barrel.

EUR/USD was down 0.01% to 1.1017, while USD/JPY rose 0.01% to 107.06.

The US Dollar Index Futures was down 0.29% at 97.938.

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.