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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.24%

Published 20/08/2016, 06:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.24%
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Investing.com – U.S. equities were lower at the close on Friday, as losses in the Utilities, Telecoms and Oil & Gas sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.24%, while the S&P 500 index declined 0.14%, and the NASDAQ Composite index fell 0.03%.

The biggest gainers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 2.94% or 1.68 points to trade at 58.89 at the close. Intel Corporation (NASDAQ:INTC) added 0.77% or 0.27 points to end at 35.24 and Caterpillar Inc (NYSE:CAT) was up 0.54% or 0.45 points to 83.83 in late trade.

Biggest losers included Wal-Mart Stores Inc (NYSE:WMT), which lost 2.10% or 1.56 points to trade at 72.74 in late trade. McDonald’s Corporation (NYSE:MCD) declined 1.80% or 2.11 points to end at 115.02 and Exxon Mobil Corporation (NYSE:XOM) shed 1.24% or 1.10 points to 87.81.

The top performers on the S&P 500 were Deere & Company (NYSE:DE) which rose 13.54% to 87.36, Foot Locker Inc (NYSE:FL) which was up 11.02% to settle at 68.48 and Applied Materials Inc (NASDAQ:AMAT) which gained 7.08% to close at 29.64.

The worst performers were Southwestern Energy Company (NYSE:SWN) which was down 4.66% to 13.71 in late trade, DaVita HealthCare Partners Inc (NYSE:DVA) which lost 4.66% to settle at 64.50 and Estee Lauder Companies Inc (NYSE:EL) which was down 3.56% to 91.71 at the close.

The top performers on the NASDAQ Composite were VisionChina Media Inc (NASDAQ:VISN) which rose 49.72% to 8.070, Lpath Inc (NASDAQ:LPTN) which was up 38.89% to settle at 3.2500 and Pernix Therapeutics Holdings Inc (NASDAQ:PTX) which gained 21.91% to close at 0.817.

The worst performers were StemCells Inc (NASDAQ:STEM) which was down 25.30% to 1.2400 in late trade, Olympic Steel Inc (NASDAQ:ZEUS) which lost 16.97% to settle at 21.28 and GWG Holdings Inc (NASDAQ:GWGH) which was down 16.36% to 9.05 at the close.

Declining stocks outnumbered rising ones by 1905 to 1263 and 95 ended unchanged; on the Nasdaq Stock Exchange, 1253 rose and 1240 declined, while 115 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.70% to 11.35 a new 52-week low.

In commodities trading, Gold for December delivery was down 0.95% or 12.85 to $1344.35 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.54% or 0.26 to hit $48.48 a barrel, while the October Brent oil contract fell 0.20% or 0.10 to trade at $50.79 a barrel.

EUR/USD was down 0.26% to 1.1323, while USD/JPY rose 0.30% to 100.19.

The US Dollar Index was up 0.38% at 94.47.

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