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U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.08%

Published 24/08/2023, 21:25
© Reuters U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.08%

Investing.com – U.S. equities were lower at the close on Thursday, as losses in the Technology, Consumer Services and Consumer Goods sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 1.08% to hit a new 1-month low, while the S&P 500 index lost 1.35%, and the NASDAQ Composite index fell 1.87%.

The biggest gainers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which rose 0.57% or 0.91 points to trade at 161.84 at the close. Verizon Communications Inc (NYSE:VZ) added 0.57% or 0.19 points to end at 33.38 and Dow Inc (NYSE:DOW) was up 0.26% or 0.14 points to 53.54 in late trade.

Biggest losers included Boeing Co (NYSE:BA), which lost 4.93% or 11.27 points to trade at 217.31 in late trade. Walgreens Boots Alliance Inc (NASDAQ:WBA) declined 4.60% or 1.22 points to end at 25.32 and Intel Corporation (NASDAQ:INTC) shed 4.09% or 1.39 points to 32.59.

The top performers on the S&P 500 were Clorox Co (NYSE:CLX) which rose 2.25% to 154.37, Prudential Financial Inc (NYSE:PRU) which was up 2.18% to settle at 93.42 and Sealed Air Corporation (NYSE:SEE) which gained 2.16% to close at 34.97.

The worst performers were Dollar Tree Inc (NASDAQ:DLTR) which was down 12.90% to 123.88 in late trade, Advanced Micro Devices Inc (NASDAQ:AMD) which lost 6.97% to settle at 101.80 and Enphase Energy Inc (NASDAQ:ENPH) which was down 6.15% to 122.34 at the close.

The top performers on the NASDAQ Composite were Bruush Oral Care Inc Unit (NASDAQ:BRSH) which rose 56.07% to 2.70, Nemaura Medical Inc (NASDAQ:NMRD) which was up 43.90% to settle at 0.59 and JE Cleantech Holdings Ltd (NASDAQ:JCSE) which gained 38.23% to close at 0.36.

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The worst performers were ReTo Eco-Solutions Inc (NASDAQ:RETO) which was down 82.93% to 1.14 in late trade, Orbital Infrastructure Group Inc (NASDAQ:OIG) which lost 39.21% to settle at 0.72 and Societal CDMO Inc (NASDAQ:SCTL) which was down 33.89% to 0.40 at the close.

Declining stocks outnumbered rising ones by 2197 to 718 and 84 ended unchanged; on the Nasdaq Stock Exchange, 2429 fell and 1062 advanced, while 110 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 7.63% to 17.20.

In commodities trading, Gold Futures for December delivery was down 0.17% or 3.25 to $1,944.85 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.01% or 0.01 to hit $78.88 a barrel, while the October Brent oil contract fell 0.02% or 0.02 to trade at $83.19 a barrel.

EUR/USD was down 0.46% to 1.08, while USD/JPY rose 0.69% to 145.84.

The US Dollar Index Futures was up 0.59% at 103.94.

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