Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.88%

Published 03/12/2015, 08:25 am
© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.88%

Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Utilities and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.88%, while the S&P 500 index lost 1.10%, and the NASDAQ Composite index lost 0.64%.

The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (N:UNH), which rose 1.67% or 1.93 points to trade at 117.69 at the close. Meanwhile, EI du Pont de Nemours and Company (N:DD) fell 0.01% or 0.01 points to end at 67.27 and Microsoft Corporation (O:MSFT) was down 0.02% or 0.01 points to 55.21 in late trade.

The worst performers of the session were Exxon Mobil Corporation (N:XOM), which fell 2.85% or 2.33 points to trade at 79.56 at the close. Chevron Corporation (N:CVX) declined 2.41% or 2.23 points to end at 90.25 and Pfizer Inc (N:PFE) was down 2.14% or 0.72 points to 32.90.

The top performers on the S&P 500 were Yahoo! Inc (O:YHOO) which rose 5.75% to 35.65, Qualcomm Incorporated (O:QCOM) which was up 5.17% to settle at 51.85 and Columbia Pipeline Group Inc (N:CPGX) which gained 3.88% to close at 19.79.

The worst performers were NRG Energy Inc (N:NRG) which was down 12.63% to 10.79 in late trade, Kinder Morgan Inc (N:KMI) which lost 7.85% to settle at 20.66 and ONEOK Inc (N:OKE) which was down 7.60% to 26.99 at the close.

The top performers on the NASDAQ Composite were Truett Hurs (O:THST) which rose 36.99% to 1.40, Ascent Solar Technologies Inc (O:ASTI) which was up 22.58% to settle at 0.190 and Lilis Energy Inc (O:LLEX) which gained 22.11% to close at 0.110.

The worst performers were Zafgen Inc (O:ZFGN) which was down 60.58% to 6.28 in late trade, Spherix Incorporated (O:SPEX) which lost 47.76% to settle at 0.175 and Net Element International, Inc. (O:NETE) which was down 42.09% to 0.24 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2657 to 797 and 2 ended unchanged; on the Nasdaq Stock Exchange, 1722 fell and 900 advanced, while 61 ended unchanged.

Shares in NRG Energy Inc (N:NRG) fell to 5-year lows; down 12.63% or 1.56 to 10.79. Shares in Kinder Morgan Inc (N:KMI) fell to all time lows; down 7.85% or 1.76 to 20.66. Shares in ONEOK Inc (N:OKE) fell to 3-years lows; down 7.60% or 2.22 to 26.99. Shares in Zafgen Inc (O:ZFGN) fell to all time lows; losing 60.58% or 9.65 to 6.28. Shares in Spherix Incorporated (O:SPEX) fell to all time lows; losing 47.76% or 0.160 to 0.175.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 9.75% to 16.10.

Gold for February delivery was down 1.05% or 11.20 to $1052.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 4.00% or 1.68 to hit $40.17 a barrel, while the January Brent oil contract fell 3.75% or 1.67 to trade at $42.77 a barrel.

EUR/USD was down 0.20% to 1.0613, while USD/JPY rose 0.31% to 123.25.

The US Dollar Index was up 0.18% at 100.05.

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.