Black Friday Sale! Save huge on InvestingProGet up to 60% off

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.21%

Published 12/08/2015, 06:30 am
Updated 12/08/2015, 06:31 am
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.21%

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Basic Materials, Technology and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 1.21%, while the S&P 500 index lost 0.96%, and the NASDAQ Composite index fell 1.27%.

The best performers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE:VZ), which rose 0.78% or 0.37 points to trade at 47.60 at the close. Meanwhile, Wal-Mart Stores Inc (NYSE:WMT) added 0.63% or 0.45 points to end at 71.93 and American Express Company (NYSE:AXP) was up 0.10% or 0.08 points to 81.34 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 5.15% or 6.17 points to trade at 113.55 at the close. Walt Disney Company (NYSE:DIS) declined 2.70% or 3.00 points to end at 108.00 and Caterpillar Inc (NYSE:CAT) was down 2.64% or 2.12 points to 78.04.

The top performers on the S&P 500 were Marathon Petroleum Corporation (NYSE:MPC) which rose 4.88% to 55.86, Google Inc C (NASDAQ:GOOG) which was up 4.27% to settle at 660.78 and Google Inc (NASDAQ:GOOGL) which gained 4.10% to close at 690.30.

The worst performers were Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which was down 12.27% to 10.22 in late trade, Symantec Corporation (NASDAQ:SYMC) which lost 6.85% to settle at 21.34 and CF Industries Holdings Inc (NYSE:CF) which was down 6.04% to 57.27 at the close.

The top performers on the NASDAQ Composite were Forward Industries Inc (NASDAQ:FORD) which rose 161.30% to 1.700, FreeSeas Inc (NASDAQ:FREE) which was up 47.53% to settle at 0.695 and Vertex Energy Inc (NASDAQ:VTNR) which gained 37.64% to close at 2.450.

The worst performers were World Acceptance Corporation (NASDAQ:WRLD) which was down 34.36% to 34.00 in late trade, Hercules Offshore Inc (NASDAQ:HERO) which lost 32.22% to settle at 0.061 and Avid Technology Inc (NASDAQ:AVID) which was down 28.95% to 8.54 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1685 to 777 and 5 ended unchanged; on the Nasdaq Stock Exchange, 1799 fell and 765 advanced, while 2 ended unchanged.

Shares in Freeport-McMoran Copper & Gold Inc (NYSE:FCX) fell to 5-year lows; down 12.27% or 1.43 to 10.22. Shares in Symantec Corporation (NASDAQ:SYMC) fell to 52-week lows; down 6.85% or 1.57 to 21.34. Shares in Forward Industries Inc (NASDAQ:FORD) rose to 52-week highs; gaining 161.30% or 1.049 to 1.700. Shares in World Acceptance Corporation (NASDAQ:WRLD) fell to 5-year lows; falling 34.36% or 17.80 to 34.00. Shares in Hercules Offshore Inc (NASDAQ:HERO) fell to all time lows; losing 32.22% or 0.029 to 0.061.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 12.10% to 13.71.

Gold for December delivery was up 0.34% or 3.80 to $1107.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.55% or 0.24 to hit $43.08 a barrel, while the October Brent oil contract fell 0.28% or 0.14 to trade at $49.73 a barrel.

EUR/USD was up 0.22% to 1.1043, while USD/JPY rose 0.45% to 125.19.

The US Dollar Index was up 0.00% at 97.24.

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.