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U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.04%

Published 26/05/2015, 21:30
U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.04%
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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 New York, the Dow Jones Industrial Average fell 1.04%, while the S&P 500 index declined 1.03%, and the NASDAQ Composite index lost 1.11%.

The biggest gainers of the session on the Dow Jones Industrial Average were EI du Pont de Nemours and Company (NYSE:DD), which fell 0.06% or 0.04 points to trade at 70.75 at the close. Verizon Communications Inc (NYSE:VZ) fell 0.38% or 0.19 points to end at 49.42 and Pfizer Inc (NYSE:PFE) was down 0.50% or 0.17 points to 34.11 in late trade.

Biggest losers included Apple Inc (NASDAQ:AAPL), which lost 2.20% or 2.92 points to trade at 129.62 in late trade. Visa Inc (NYSE:V) declined 1.55% or 1.08 points to end at 68.54 and Chevron Corporation (NYSE:CVX) shed 1.53% or 1.60 points to 103.29.

The top performers on the S&P 500 were Time Warner Cable Inc (NYSE:TWC) which rose 7.26% to 183.60, Cablevision Systems Corporation (NYSE:CVC) which was up 3.52% to settle at 25.86 and Mylan Inc (NASDAQ:MYL) which gained 1.28% to close at 70.55.

The worst performers were First Solar Inc (NASDAQ:FSLR) which was down 7.28% to 51.06 in late trade, CONSOL Energy Inc (NYSE:CNX) which lost 5.65% to settle at 29.71 and QEP Resources Inc (NYSE:QEP) which was down 4.54% to 18.94 at the close.

The top performers on the NASDAQ Composite were Geeknet Inc (NASDAQ:GKNT) which rose 115.19% to 17.00, Cleveland BioLabs Inc (NASDAQ:CBLI) which was up 68.39% to settle at 3.250 and Vascular Biogenc (NASDAQ:VBLT) which gained 40.00% to close at 7.35.

The worst performers were Imris Inc (NASDAQ:IMRS) which was down 90.13% to 0.060 in late trade, Ku6 Media Co Ltd (NASDAQ:KUTV) which lost 19.87% to settle at 1.250 and Cyren Ltd (NASDAQ:CYRN) which was down 16.83% to 2.620 at the close.

Declining stocks outnumbered rising ones by 2707 to 433 and 4 ended unchanged; on the Nasdaq Stock Exchange, 2129 fell and 663 advanced, while 10 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 15.99% to 14.07.

In commodities trading, Gold for August delivery was down 1.42% or 17.10 to $1187.80 a troy ounce. Meanwhile, Crude oil for delivery in July fell 2.24% or 1.33 to hit $58.38 a barrel, while the July Brent oil contract rose 0.02% or 0.01 to trade at $63.93 a barrel.

EUR/USD was down 0.92% to 1.0878, while USD/JPY rose 1.27% to 123.11.

The US Dollar Index was up 0.96% at 97.39.

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