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U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.78%

Published 20/09/2021, 21:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.78%
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Investing.com – U.S. equities were lower at the close on Monday, as losses in the Oil & Gas, Basic Materials and Technology sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 1.78% to hit a new 1-month low, while the S&P 500 index declined 1.70%, and the NASDAQ Composite index declined 2.19%.

The biggest gainers of the session on the Dow Jones Industrial Average were Merck & Company Inc (NYSE:MRK), which rose 0.35% or 0.25 points to trade at 71.93 at the close. Verizon Communications Inc (NYSE:VZ) fell 0.04% or 0.02 points to end at 54.26 and 3M Company (NYSE:MMM) was down 0.53% or 0.96 points to 180.53 in late trade.

Biggest losers included Caterpillar Inc (NYSE:CAT), which lost 4.47% or 8.93 points to trade at 190.82 in late trade. Goldman Sachs Group Inc (NYSE:GS) declined 3.41% or 13.33 points to end at 378.13 and JPMorgan Chase & Co (NYSE:JPM) shed 2.99% or 4.72 points to 152.96.

The top performers on the S&P 500 were American Airlines Group (NASDAQ:AAL) which rose 3.04% to 20.33, Delta Air Lines Inc (NYSE:DAL) which was up 1.67% to settle at 40.78 and United Airlines Holdings Inc (NASDAQ:UAL) which gained 1.64% to close at 45.27.

The worst performers were Invesco Plc (NYSE:IVZ) which was down 8.69% to 23.97 in late trade, Nucor Corp (NYSE:NUE) which lost 7.64% to settle at 96.88 and TripAdvisor Inc (NASDAQ:TRIP) which was down 7.60% to 33.07 at the close.

The top performers on the NASDAQ Composite were Edesa Biotech Inc (NASDAQ:EDSA) which rose 102.72% to 11.920, Zivo Bioscience Inc (NASDAQ:ZIVO) which was up 66.43% to settle at 4.660 and Discovery Communications B Inc (NASDAQ:DISCB) which gained 45.47% to close at 67.50.

The worst performers were BeyondSpring Inc (NASDAQ:BYSI) which was down 32.91% to 15.37 in late trade, Aerovate Therapeutics Inc (NASDAQ:AVTE) which lost 26.59% to settle at 14.80 and Protagonist Therapeutics Inc (NASDAQ:PTGX) which was down 25.84% to 13.00 at the close.

Declining stocks outnumbered rising ones by 2730 to 470 and 84 ended unchanged; on the Nasdaq Stock Exchange, 2995 fell and 553 advanced, while 118 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 23.55% to 25.71 a new 3-month high.

In commodities trading, Gold Futures for December delivery was up 0.83% or 14.55 to $1765.95 a troy ounce. Meanwhile, Crude oil for delivery in November fell 1.73% or 1.24 to hit $70.58 a barrel, while the November Brent oil contract fell 1.39% or 1.05 to trade at $74.29 a barrel.

EUR/USD was up 0.01% to 1.1726, while USD/JPY fell 0.53% to 109.38.

The US Dollar Index Futures was up 0.07% at 93.237.

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