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 0.77%

Published 09/11/2018, 21:25
U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.77%
US500
-
DJI
-
CAT
-
DIS
-
CSCO
-
GS
-
MNST
-
ATVI
-
CL
-
PFE
-
EIX
-
RRC
-
PCG
-
PG
-
IXIC
-
INWK
-
PDEX
-
NVLNF
-
DJUSBM
-
DJUSIN
-
DJUSTC
-
MGI
-
APEN
-
VIX
-
TWST
-

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.77%, while the S&P 500 index fell 0.92%, and the NASDAQ Composite index lost 1.65%.

The biggest gainers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE:DIS), which rose 1.72% or 2.00 points to trade at 118.00 at the close. Procter & Gamble Company (NYSE:PG) added 1.15% or 1.05 points to end at 92.41 and Pfizer Inc (NYSE:PFE) was up 0.98% or 0.43 points to 44.28 in late trade.

Biggest losers included Goldman Sachs Group Inc (NYSE:GS), which lost 3.89% or 9.00 points to trade at 222.65 in late trade. Caterpillar Inc (NYSE:CAT) declined 3.41% or 4.48 points to end at 126.91 and Cisco Systems Inc (NASDAQ:CSCO) shed 2.75% or 1.33 points to 47.11.

The top performers on the S&P 500 were Monster Beverage Corp (NASDAQ:MNST) which rose 4.99% to 56.84, Colgate-Palmolive Company (NYSE:CL) which was up 4.76% to settle at 63.80 and Range Resources Corporation (NYSE:RRC) which gained 3.75% to close at 17.70.

The worst performers were Pacific Gas & Electric Co (NYSE:PCG) which was down 16.49% to 39.92 in late trade, Activision Blizzard Inc (NASDAQ:ATVI) which lost 12.39% to settle at 55.01 and Edison International (NYSE:EIX) which was down 12.12% to 61.00 at the close.

The top performers on the NASDAQ Composite were Novelion Therapeutics Inc (NASDAQ:NVLN) which rose 36.80% to 1.710, Twist Bioscience Corp (NASDAQ:TWST) which was up 31.58% to settle at 25.00 and Pro-Dex Inc (NASDAQ:PDEX) which gained 30.65% to close at 12.190.

The worst performers were Moneygram Int (NASDAQ:MGI) which was down 49.22% to 2.27 in late trade, InnerWorkings Inc (NASDAQ:INWK) which lost 39.77% to settle at 4.24 and Apollo Endosurgery Inc (NASDAQ:APEN) which was down 33.72% to 3.9500 at the close.

Declining stocks outnumbered rising ones by 2092 to 959 and 101 ended unchanged; on the Nasdaq Stock Exchange, 1993 fell and 659 advanced, while 71 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.83% to 17.36.

In commodities trading, Gold Futures for December delivery was down 1.33% or 16.30 to $1209.90 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.37% or 0.83 to hit $59.84 a barrel, while the January Brent oil contract fell 1.42% or 1.00 to trade at $69.65 a barrel.

EUR/USD was down 0.25% to 1.1336, while USD/JPY fell 0.23% to 113.80.

The US Dollar Index Futures was up 0.18% at 96.72.

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.