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U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.26%

Published 16/02/2023, 21:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.26%

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

At the close in NYSE, the Dow Jones Industrial Average declined 1.26%, while the S&P 500 index lost 1.38%, and the NASDAQ Composite index lost 1.78%.

The biggest gainers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ:CSCO), which rose 5.24% or 2.54 points to trade at 50.99 at the close. Home Depot Inc (NYSE:HD) added 0.17% or 0.55 points to end at 321.24 and McDonald’s Corporation (NYSE:MCD) was down 0.27% or 0.73 points to 265.83 in late trade.

Biggest losers included Walt Disney Company (NYSE:DIS), which lost 3.12% or 3.41 points to trade at 105.83 in late trade. Microsoft Corporation (NASDAQ:MSFT) declined 2.66% or 7.17 points to end at 262.15 and Nike Inc (NYSE:NKE) shed 2.43% or 3.10 points to 124.38.

The top performers on the S&P 500 were West Pharmaceutical Services Inc (NYSE:WST) which rose 14.54% to 319.77, Cisco Systems Inc (NASDAQ:CSCO) which was up 5.24% to settle at 50.99 and Albemarle Corp (NYSE:ALB) which gained 4.70% to close at 285.62.

The worst performers were Organon & Co (NYSE:OGN) which was down 15.00% to 24.87 in late trade, SolarEdge Technologies Inc (NASDAQ:SEDG) which lost 8.44% to settle at 314.94 and Etsy Inc (NASDAQ:ETSY) which was down 8.40% to 130.31 at the close.

The top performers on the NASDAQ Composite were Intuitive Machines Inc (NASDAQ:LUNR) which rose 251.41% to 44.77, TravelCenters of America LLC (NASDAQ:TA) which was up 70.77% to settle at 84.43 and Sorrento Therape (NASDAQ:SRNE) which gained 56.11% to close at 0.26.

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The worst performers were Atlis Motor Vehicles Inc (NASDAQ:AMV) which was down 28.24% to 1.22 in late trade, Iveda Solutions Inc (NASDAQ:IVDA) which lost 26.12% to settle at 1.81 and Liberty Tri (NASDAQ:LTRPA) which was down 25.77% to 1.21 at the close.

Declining stocks outnumbered rising ones by 2192 to 836 and 109 ended unchanged; on the Nasdaq Stock Exchange, 2412 fell and 1226 advanced, while 197 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 10.64% to 20.17.

In commodities trading, Gold Futures for April delivery was up 0.04% or 0.70 to $1,846.00 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.60% or 0.47 to hit $78.12 a barrel, while the April Brent oil contract fell 0.76% or 0.65 to trade at $84.73 a barrel.

EUR/USD was unchanged 0.17% to 1.07, while USD/JPY fell 0.12% to 133.95.

The US Dollar Index Futures was up 0.13% at 103.97.

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