Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.30%

Published 25/05/2018, 06:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.30%
US500
-
DJI
-
CVX
-
JPM
-
MCD
-
XOM
-
BBWI
-
BBY
-
KSS
-
GE
-
WHR
-
NKE
-
NRG
-
QUIK
-
IXIC
-
CHCI
-
DJUSFN
-
DJUSHC
-
DJUSEN
-
ALB
-
VIX
-
SCTL
-
TNTRQ
-
TYME
-
EOLS
-

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.30%, while the S&P 500 index fell 0.20%, and the NASDAQ Composite index lost 0.02%.

The biggest gainers of the session on the Dow Jones Industrial Average were General Electric Company (NYSE:GE), which rose 2.96% or 0.42 points to trade at 14.60 at the close. Nike Inc (NYSE:NKE) added 1.18% or 0.84 points to end at 72.18 and McDonald’s Corporation (NYSE:MCD) was up 0.48% or 0.77 points to 162.39 in late trade.

Biggest losers included Exxon Mobil Corp (NYSE:XOM), which lost 2.29% or 1.88 points to trade at 80.27 in late trade. Chevron Corp (NYSE:CVX) declined 1.62% or 2.09 points to end at 126.61 and JPMorgan Chase & Co (NYSE:JPM) shed 1.12% or 1.26 points to 111.23.

The top performers on the S&P 500 were NRG Energy Inc (NYSE:NRG) which rose 3.86% to 34.43, Kohl’s Corporation (NYSE:KSS) which was up 3.61% to settle at 64.51 and L Brands Inc (NYSE:LB) which gained 3.44% to close at 35.22.

The worst performers were Whirlpool Corporation (NYSE:WHR) which was down 8.28% to 151.01 in late trade, Albemarle Corp (NYSE:ALB) which lost 6.70% to settle at 95.02 and Best Buy Co Inc (NYSE:BBY) which was down 6.65% to 70.90 at the close.

The top performers on the NASDAQ Composite were Comstock Holding Companies Inc (NASDAQ:CHCI) which rose 154.95% to 5.150, Tyme Technologies Inc (NASDAQ:TYME) which was up 33.45% to settle at 3.87 and Evolus Inc (NASDAQ:EOLS) which gained 22.93% to close at 23.80.

The worst performers were Recro Pharm (NASDAQ:REPH) which was down 54.67% to 5.63 in late trade, QuickLogic Corporation (NASDAQ:QUIK) which lost 30.77% to settle at 1.080 and Tintri Inc (NASDAQ:TNTR) which was down 26.30% to 0.59 at the close.

Declining stocks outnumbered rising ones by 1554 to 1489 and 135 ended unchanged; on the Nasdaq Stock Exchange, 1341 fell and 1189 advanced, while 138 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.08% to 12.57 a new 3-month low.

In commodities trading, Gold Futures for June delivery was up 1.14% or 14.70 to $1304.30 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.60% or 1.15 to hit $70.69 a barrel, while the July Brent oil contract fell 1.24% or 0.99 to trade at $78.81 a barrel.

EUR/USD was up 0.24% to 1.1724, while USD/JPY fell 0.69% to 109.31.

The US Dollar Index Futures was down 0.20% at 93.72.

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.