🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.42%

Published 16/06/2022, 21:25
©  Reuters U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.42%
US500
-
DJI
-
CAT
-
MRK
-
WMT
-
NEM
-
AXP
-
NKE
-
PG
-
CME
-
IXIC
-
EBIXQ
-
DJUSIN
-
DJUSEN
-
DJUSTC
-
CCL
-
RCL
-
NCLH
-
VIX
-
ADN
-
ELMSQ
-
PGY
-
SIDU
-
THAR
-

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

At the close in NYSE, the Dow Jones Industrial Average declined 2.42% to hit a new 52-week low, while the S&P 500 index lost 3.25%, and the NASDAQ Composite index lost 4.08%.

The biggest gainers of the session on the Dow Jones Industrial Average were Walmart Inc (NYSE:WMT), which rose 1.04% or 1.24 points to trade at 120.62 at the close. Procter & Gamble Company (NYSE:PG) added 0.61% or 0.81 points to end at 133.32 and Merck & Company Inc (NYSE:MRK) was up 0.31% or 0.26 points to 84.89 in late trade.

Biggest losers included American Express Company (NYSE:AXP), which lost 5.96% or 8.72 points to trade at 137.50 in late trade. Nike Inc (NYSE:NKE) declined 5.57% or 6.32 points to end at 107.12 and Caterpillar Inc (NYSE:CAT) shed 5.44% or 11.21 points to 194.79.

The top performers on the S&P 500 were Newmont Goldcorp Corp (NYSE:NEM) which rose 3.24% to 64.71, CME Group Inc (NASDAQ:CME) which was up 1.19% to settle at 203.28 and Walmart Inc (NYSE:WMT) which gained 1.04% to close at 120.62.

The worst performers were Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which was down 11.51% to 10.38 in late trade, Royal Caribbean Cruises Ltd (NYSE:RCL) which lost 11.41% to settle at 35.16 and Carnival Corporation (NYSE:CCL) which was down 11.08% to 8.75 at the close.

The top performers on the NASDAQ Composite were Advent Technologies Holdings Inc (NASDAQ:ADN) which rose 243.97% to 3.99, Electric Last Mile Solutions Inc (NASDAQ:ELMS) which was up 100.28% to settle at 0.28 and Sidus Space Inc (NASDAQ:SIDU) which gained 63.03% to close at 7.63.

The worst performers were EJF Acquisition Corp (NASDAQ:EJFA) which was down 42.71% to 5.50 in late trade, Ebix Inc (NASDAQ:EBIX) which lost 37.65% to settle at 14.59 and Hillstream Biopharma Inc (NASDAQ:HILS) which was down 28.78% to 0.91 at the close.

Declining stocks outnumbered rising ones by 2918 to 335 and 109 ended unchanged; on the Nasdaq Stock Exchange, 3190 fell and 676 advanced, while 248 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 11.24% to 32.95.

In commodities trading, Gold Futures for August delivery was up 2.07% or 37.75 to $1,857.35 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.45% or 1.67 to hit $116.98 a barrel, while the August Brent oil contract rose 0.61% or 0.72 to trade at $119.23 a barrel.

EUR/USD was up 1.01% to 1.05, while USD/JPY fell 1.25% to 132.15.

The US Dollar Index Futures was down 1.24% at 103.63.

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.