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 0.61%

Published 01/05/2019, 22:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.61%
US500
-
DJI
-
MSFT
-
AAPL
-
GRMN
-
CLX
-
PFE
-
TAP
-
HD
-
JNJ
-
NKE
-
LHX
-
IXIC
-
ORKA
-
DJUSBM
-
DJUSNC
-
DJUSEN
-
ENPH
-
RCL
-
VIX
-
HLT
-
PRPO
-
NBRVF
-
PLSE
-
KXIN
-

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.61%, while the S&P 500 index lost 0.75%, and the NASDAQ Composite index declined 0.57%.

The biggest gainers of the session on the Dow Jones Industrial Average were Apple Inc (NASDAQ:AAPL), which rose 4.91% or 9.85 points to trade at 210.52 at the close. Johnson & Johnson (NYSE:JNJ) added 0.53% or 0.75 points to end at 141.95 and Pfizer Inc (NYSE:PFE) was up 0.39% or 0.16 points to 40.77 in late trade.

Biggest losers included Home Depot Inc (NYSE:HD), which lost 2.41% or 4.90 points to trade at 198.80 in late trade. Nike Inc (NYSE:NKE) declined 2.20% or 1.93 points to end at 85.90 and Microsoft Corporation (NASDAQ:MSFT) shed 2.08% or 2.72 points to 127.88.

The top performers on the S&P 500 were Royal Caribbean Cruises Ltd (NYSE:RCL) which rose 6.69% to 129.03, Harris Corporation (NYSE:HRS) which was up 6.63% to settle at 179.67 and Hilton Worldwide Holdings Inc (NYSE:HLT) which gained 6.45% to close at 92.60.

The worst performers were Molson Coors Brewing Co Class B (NYSE:TAP) which was down 7.54% to 59.35 in late trade, Clorox Co (NYSE:CLX) which lost 7.24% to settle at 148.16 and Garmin Ltd (NASDAQ:GRMN) which was down 6.62% to 80.06 at the close.

The top performers on the NASDAQ Composite were ARCA Biopharma Inc (NASDAQ:ABIO) which rose 98.64% to 10.250, Precipio Inc (NASDAQ:PRPO) which was up 38.84% to settle at 8.4000 and Enphase Energy Inc (NASDAQ:ENPH) which gained 29.28% to close at 12.980.

The worst performers were CM Seven Star Acquisition Corp (NASDAQ:CMSS) which was down 43.69% to 2.81 in late trade, Pulse Biosciences Inc (NASDAQ:PLSE) which lost 28.84% to settle at 11.400 and Nabriva Therapeutics AG (NASDAQ:NBRV) which was down 27.42% to 2.17 at the close.

Declining stocks outnumbered rising ones by 1886 to 1111 and 86 ended unchanged; on the Nasdaq Stock Exchange, 1777 fell and 855 advanced, while 94 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 12.80% to 14.80 a new 1-month high.

In commodities trading, Gold Futures for June delivery was down 0.58% or 7.45 to $1278.25 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.47% or 0.30 to hit $63.61 a barrel, while the July Brent oil contract rose 0.01% or 0.01 to trade at $72.09 a barrel.

EUR/USD was up 0.06% to 1.1200, while USD/JPY rose 0.06% to 111.44.

The US Dollar Index Futures was up 0.18% at 97.375.

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.