Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.94%

Published 24/03/2021, 01:25
Updated 24/03/2021, 01:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.94%

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.94%, while the S&P 500 index fell 0.76%, and the NASDAQ Composite index fell 1.12%.

The biggest gainers of the session on the Dow Jones Industrial Average were Procter & Gamble Company (NYSE:PG), which rose 1.86% or 2.42 points to trade at 132.60 at the close. Walmart Inc (NYSE:WMT) added 1.19% or 1.57 points to end at 133.94 and Coca-Cola Co (NYSE:KO) was up 0.76% or 0.39 points to 51.39 in late trade.

Biggest losers included Dow Inc (NYSE:DOW), which lost 4.35% or 2.76 points to trade at 60.75 in late trade. Boeing Co (NYSE:BA) declined 3.97% or 9.98 points to end at 241.25 and Caterpillar Inc (NYSE:CAT) shed 3.44% or 7.77 points to 218.25.

The top performers on the S&P 500 were WEC Energy Group Inc (NYSE:WEC) which rose 4.07% to 92.37, CMS Energy Corporation (NYSE:CMS) which was up 3.47% to settle at 60.53 and Nextera Energy Inc (NYSE:NEE) which gained 3.25% to close at 74.02.

The worst performers were Macy’s Inc (NYSE:M) which was down 9.51% to 16.09 in late trade, ViacomCBS Inc (NASDAQ:VIAC) which lost 9.06% to settle at 91.25 and Helmerich and Payne Inc (NYSE:HP) which was down 8.33% to 27.19 at the close.

The top performers on the NASDAQ Composite were Dolphin Entertainment Inc (NASDAQ:DLPN) which rose 236.33% to 18.3300, Benitec Biopharma Ltd ADR (NASDAQ:BNTC) which was up 190.28% to settle at 9.26 and Liquid Media Group Ltd (NASDAQ:YVR) which gained 22.92% to close at 5.310.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Frequency Therapeutics Inc (NASDAQ:FREQ) which was down 77.98% to 7.99 in late trade, Windtree Therapeutics Inc (NASDAQ:WINT) which lost 34.29% to settle at 2.530 and Jiayin Group Inc (NASDAQ:JFIN) which was down 29.92% to 10.26 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 up 7.52% to 20.30.

In commodities trading, Gold Futures for April delivery was up 0.05% or 0.90 to $1726.00 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.17% or 0.10 to hit $57.86 a barrel, while the May Brent oil contract rose 1.01% or 0.61 to trade at $60.99 a barrel.

EUR/USD was down 0.04% to 1.1844, while USD/JPY rose 0.01% to 108.58.

The US Dollar Index Futures was up 0.06% at 92.403.

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.