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 0.54%

Published 04/07/2018, 21:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.54%
US500
-
DJI
-
CAT
-
AAPL
-
LRCX
-
XOM
-
MU
-
VZ
-
JNJ
-
NKE
-
SCG
-
IXIC
-
BBOX
-
JNP
-
DJUSBM
-
DJUSFN
-
DJUSTC
-
AYI
-
SAEXQ
-
ALB
-
TIOG
-
VIX
-
AVXL
-
QRVO
-
TNTRQ
-

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.54%, while the S&P 500 index lost 0.49%, and the NASDAQ Composite index declined 0.86%.

The biggest gainers of the session on the Dow Jones Industrial Average were Johnson & Johnson (NYSE:JNJ), which rose 0.93% or 1.13 points to trade at 122.71 at the close. Exxon Mobil Corp (NYSE:XOM) added 0.59% or 0.48 points to end at 82.24 and Verizon Communications Inc (NYSE:VZ) was up 0.56% or 0.28 points to 50.70 in late trade.

Biggest losers included Nike Inc (NYSE:NKE), which lost 2.64% or 2.07 points to trade at 76.28 in late trade. Caterpillar Inc (NYSE:CAT) declined 1.80% or 2.46 points to end at 133.83 and Apple Inc (NASDAQ:AAPL) shed 1.74% or 3.26 points to 183.92.

The top performers on the S&P 500 were Acuity Brands Inc (NYSE:AYI) which rose 12.75% to 132.05, Scana Corporation (NYSE:SCG) which was up 4.05% to settle at 40.36 and Albemarle Corp (NYSE:ALB) which gained 3.36% to close at 96.62.

The worst performers were Micron Technology Inc (NASDAQ:MU) which was down 5.51% to 51.48 in late trade, Lam Research Corp (NASDAQ:LRCX) which lost 3.35% to settle at 167.25 and Qorvo Inc (NASDAQ:QRVO) which was down 3.32% to 77.44 at the close.

The top performers on the NASDAQ Composite were Anavex Life Sciences Corp (NASDAQ:AVXL) which rose 43.61% to 3.820, Micronet Enertec Technologies Inc (NASDAQ:MICT) which was up 31.71% to settle at 1.620 and Juniper Pharmaceuticals Inc (NASDAQ:JNP) which gained 31.61% to close at 11.450.

The worst performers were Black Box Corporation (NASDAQ:BBOX) which was down 62.96% to 0.75 in late trade, SAExploration Holdings Inc (NASDAQ:SAEX) which lost 25.22% to settle at 1.720 and Tintri Inc (NASDAQ:TNTR) which was down 24.25% to 0.21 at the close.

Declining stocks outnumbered rising ones by 0 to 0; on the Nasdaq Stock Exchange, 0 fell and 0 advanced on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was unchanged 0.00% to 16.14.

In commodities trading, Gold Futures for August delivery was up 0.37% or 4.60 to $1258.10 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.26% or 0.19 to hit $74.33 a barrel, while the September Brent oil contract rose 0.53% or 0.41 to trade at $78.17 a barrel.

EUR/USD was down 0.02% to 1.1656, while USD/JPY fell 0.07% to 110.49.

The US Dollar Index Futures was down 0.14% at 94.19.

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.