🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.51%

Published 03/09/2024, 21:30
Updated 03/09/2024, 21:35
U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.51%
USD/JPY
-
US500
-
DJI
-
DX
-
GC
-
LCO
-
CL
-
IXIC
-
VIX
-

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

At the close in NYSE, the Dow Jones Industrial Average declined 1.51%, while the S&P 500 index fell 2.12%, and the NASDAQ Composite index declined 3.25%.

The biggest gainers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE:VZ), which rose 2.74% or 1.15 points to trade at 42.93 at the close. Procter & Gamble Company (NYSE:PG) added 1.74% or 2.98 points to end at 174.52 and Unitedhealth Group (NYSE:UNH) was up 1.44% or 8.48 points to 598.68 in late trade.

Biggest losers included Intel Corporation (NASDAQ:INTC), which lost 8.76% or 1.93 points to trade at 20.11 in late trade. Boeing Co (NYSE:BA) declined 7.32% or 12.72 points to end at 161.02 and Goldman Sachs Group Inc (NYSE:GS) shed 4.48% or 22.88 points to 487.46.

The top performers on the S&P 500 were Molson Coors Brewing Co Class B (NYSE:TAP) which rose 5.43% to 56.90, DexCom Inc (NASDAQ:DXCM) which was up 4.38% to settle at 72.38 and Cboe Global Markets Inc (NYSE:CBOE) which gained 3.62% to close at 212.84.

The worst performers were Monolithic Power Systems Inc (NASDAQ:MPWR) which was down 10.28% to 838.63 in late trade, Constellation Energy Corp (NASDAQ:CEG) which lost 9.65% to settle at 177.72 and NVIDIA Corporation (NASDAQ:NVDA) which was down 9.54% to 107.98 at the close.

The top performers on the NASDAQ Composite were Sify Technologies Limited (NASDAQ:SIFY) which rose 99.61% to 0.66, Conifer Holding Inc (NASDAQ:CNFR) which was up 74.24% to settle at 1.15 and BranchOut Food Inc (NASDAQ:BOF) which gained 69.00% to close at 3.38.

The worst performers were Windtree Therapeutics Inc (NASDAQ:WINT) which was down 60.67% to 3.19 in late trade, Agape ATP Corp (NASDAQ:ATPC) which lost 36.08% to settle at 1.63 and IO Biotech Inc (NASDAQ:IOBT) which was down 33.33% to 1.00 at the close.

Declining stocks outnumbered rising ones by 2135 to 711 and 70 ended unchanged; on the Nasdaq Stock Exchange, 2684 fell and 697 advanced, while 93 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 33.25% to 20.72.

In commodities trading, Gold Futures for December delivery was down 0.12% or 3.05 to $2,524.55 a troy ounce. Meanwhile, Crude oil for delivery in October fell 4.30% or 3.16 to hit $70.39 a barrel, while the November Brent oil contract fell 4.79% or 3.71 to trade at $73.81 a barrel.

EUR/USD was unchanged 0.25% to 1.10, while USD/JPY fell 0.90% to 145.57.

The US Dollar Index Futures was up 0.08% at 101.71.

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.