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U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.7600%

Published 01/03/2022, 22:25
© Reuters U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.7600%
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Investing.com – U.S. equities were lower at the close on Tuesday, as losses in the Financials, Industrials and Basic Materials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 1.7600%, while the S&P 500 index lost 1.5474%, and the NASDAQ Composite index fell 1.5900%.

The biggest gainers of the session on the Dow Jones Industrial Average were Chevron Corp (NYSE:CVX), which rose 3.9722% or 5.71999979 points to trade at 149.72000122 at the close. Home Depot Inc (NYSE:HD) added 1.3995% or 4.42000008 points to end at 320.25000000 and Walmart Inc (NYSE:WMT) was up 0.6141% or 0.82999998 points to 135.99000549 in late trade.

Biggest losers included American Express Company (NYSE:AXP), which lost 8.4713% or 16.47999954 points to trade at 178.05999756 in late trade. Boeing Co (NYSE:BA) declined 5.0794% or 10.43000031 points to end at 194.91000366 and JPMorgan Chase & Co (NYSE:JPM) shed 3.7729% or 5.34999990 points to 136.44999695.

The top performers on the S&P 500 were Target Corporation (NYSE:TGT) which rose 9.8413% to 219.42999268, CH Robinson Worldwide Inc (NASDAQ:CHRW) which was up 8.4195% to settle at 104.81999969 and Occidental Petroleum Corporation (NYSE:OXY) which gained 6.9975% to close at 46.79000092.

The worst performers were DXC Technology Co (NYSE:DXC) which was down 11.5780% to 30.09000015 in late trade, Aptiv PLC (NYSE:APTV) which lost 8.7994% to settle at 118.05000305 and Royal Caribbean Cruises Ltd (NYSE:RCL) which was down 8.7339% to 73.66999817 at the close.

The top performers on the NASDAQ Composite were Avenue Therapeutics Inc (NASDAQ:ATXI) which rose 78.4643% to 0.60659999, CTi Biopharma Corp (NASDAQ:CTIC) which was up 63.1579% to settle at 3.09999990 and Gbs (NASDAQ:GBS) which gained 50.0000% to close at 0.69000000.

The worst performers were Vroom (NASDAQ:VRM) which was down 46.5461% to 3.25000000 in late trade, Mullen Automotive Inc (NASDAQ:MULN) which lost 39.3491% to settle at 1.02499998 and Goodrx Holdings Inc (NASDAQ:GDRX) which was down 38.9416% to 16.72999954 at the close.

Declining stocks outnumbered rising ones by 2001 to 1268 and 117 ended unchanged; on the Nasdaq Stock Exchange, 2521 fell and 1361 advanced, while 201 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 10.5100% to 33.31999969 a new 52-week high.

In commodities trading, Gold Futures for April delivery was up 2.4800% or 47.04999924 to $1947.75000000 a troy ounce. Meanwhile, Crude oil for delivery in April rose 11.2000% or 10.72000027 to hit $106.44000244 a barrel, while the May Brent oil contract fell 0.1000% or 0.11000000 to trade at $107.11000061 a barrel.

EUR/USD was up 0.0090% to 1.11269999, while USD/JPY fell 0.0087% to 114.87999725.

The US Dollar Index Futures was up 0.7200% at 97.38800049.

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