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U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.11%

Published 17/12/2018, 21:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.11%
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Investing.com – U.S. equities were lower at the close on Monday, as losses in the Utilities, Technology and Consumer Services sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 2.11% to hit a new 6-month low, while the S&P 500 index fell 2.08%, and the NASDAQ Composite index lost 2.27%.

The biggest gainers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which fell 0.51% or 0.62 points to trade at 119.93 at the close. Boeing Co (NYSE:BA) fell 0.82% or 2.62 points to end at 316.13 and Apple Inc (NASDAQ:AAPL) was down 0.93% or 1.54 points to 163.94 in late trade.

Biggest losers included American Express Company (NYSE:AXP), which lost 4.28% or 4.52 points to trade at 101.18 in late trade. Procter & Gamble Company (NYSE:PG) declined 4.00% or 3.87 points to end at 92.77 and Nike Inc (NYSE:NKE) shed 3.63% or 2.63 points to 69.90.

The top performers on the S&P 500 were Smith AO Corporation (NYSE:AOS) which rose 2.34% to 42.38, Stanley Black & Decker Inc (NYSE:SWK) which was up 1.37% to settle at 119.98 and Hartford Financial Services Group (NYSE:HIG) which gained 1.26% to close at 41.79.

The worst performers were Xerox Corp (NYSE:XRX) which was down 12.92% to 21.29 in late trade, WestRock Co (NYSE:WRK) which lost 9.42% to settle at 40.19 and Packaging Corp of America (NYSE:PKG) which was down 7.17% to 86.74 at the close.

The top performers on the NASDAQ Composite were Synergy Pharmaceuticals Inc (NASDAQ:SGYP) which rose 51.38% to 0.121, Riot Blockchain Inc (NASDAQ:RIOT) which was up 32.59% to settle at 1.7900 and Calyxt Inc (NASDAQ:CLXT) which gained 23.79% to close at 12.23.

The worst performers were Sophiris Bio Inc (NASDAQ:SPHS) which was down 40.29% to 1.230 in late trade, Cancer Genetics Inc (NASDAQ:CGIX) which lost 40.04% to settle at 0.333 and Dova Pharmaceuticals Inc (NASDAQ:DOVA) which was down 39.16% to 9.01 at the close.

Declining stocks outnumbered rising ones by 2677 to 434 and 52 ended unchanged; on the Nasdaq Stock Exchange, 2170 fell and 499 advanced, while 55 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 13.36% to 24.52 a new 1-month high.

In commodities trading, Gold Futures for February delivery was up 0.69% or 8.55 to $1249.95 a troy ounce. Meanwhile, Crude oil for delivery in February fell 3.98% or 2.05 to hit $49.42 a barrel, while the February Brent oil contract fell 2.62% or 1.58 to trade at $58.70 a barrel.

EUR/USD was up 0.36% to 1.1347, while USD/JPY fell 0.49% to 112.83.

The US Dollar Index Futures was down 0.31% at 96.605.

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