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 24/08/2018, 06:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.30%
US500
-
DJI
-
CAT
-
MSFT
-
GS
-
XOM
-
BBWI
-
HD
-
AMD
-
V
-
HRL
-
IXIC
-
AKRXQ
-
HMNY
-
LTRX
-
DJUSBM
-
DJUSNC
-
DJUSEN
-
TSCO
-
HBI
-
SNPS
-
VIX
-
GDC
-
PAVM
-
OBLN_old
-

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.30%, while the S&P 500 index declined 0.17%, and the NASDAQ Composite index lost 0.13%.

The biggest gainers of the session on the Dow Jones Industrial Average were Visa Inc (NYSE:V), which rose 0.68% or 0.96 points to trade at 142.10 at the close. Home Depot Inc (NYSE:HD) added 0.60% or 1.19 points to end at 200.16 and Microsoft Corporation (NASDAQ:MSFT) was up 0.47% or 0.50 points to 107.56 in late trade.

Biggest losers included Caterpillar Inc (NYSE:CAT), which lost 2.03% or 2.84 points to trade at 136.79 in late trade. Goldman Sachs Group Inc (NYSE:GS) declined 1.25% or 3.00 points to end at 236.34 and Exxon Mobil Corp (NYSE:XOM) shed 1.10% or 0.88 points to 79.08.

The top performers on the S&P 500 were Advanced Micro Devices Inc (NASDAQ:AMD) which rose 6.65% to 22.290, Synopsys Inc (NASDAQ:SNPS) which was up 6.39% to settle at 100.72 and Tractor Supply Company (NASDAQ:TSCO) which gained 2.97% to close at 88.86.

The worst performers were L Brands Inc (NYSE:LB) which was down 11.41% to 28.25 in late trade, Hanesbrands Inc (NYSE:HBI) which lost 3.37% to settle at 17.78 and Hormel Foods Corporation (NYSE:HRL) which was down 3.06% to 37.33 at the close.

The top performers on the NASDAQ Composite were Obalon Therapeutics Inc (NASDAQ:OBLN) which rose 52.00% to 2.66, TMSR Holding Company Ltd (NASDAQ:TMSR) which was up 33.61% to settle at 4.81 and Lantronix Inc (NASDAQ:LTRX) which gained 19.67% to close at 5.050.

The worst performers were Helios and Matheson Analytics Inc (NASDAQ:HMNY) which was down 32.44% to 0.020 in late trade, PAVmed Inc (NASDAQ:PAVM) which lost 19.57% to settle at 1.11 and Akorn Inc (NASDAQ:AKRX) which was down 17.56% to 14.93 at the close.

Declining stocks outnumbered rising ones by 2001 to 1021 and 137 ended unchanged; on the Nasdaq Stock Exchange, 1462 fell and 1086 advanced, while 148 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.98% to 12.37.

In commodities trading, Gold Futures for December delivery was down 0.96% or 11.50 to $1191.80 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.01% or 0.01 to hit $67.87 a barrel, while the October Brent oil contract rose 0.04% or 0.03 to trade at $74.81 a barrel.

EUR/USD was down 0.47% to 1.1541, while USD/JPY rose 0.62% to 111.25.

The US Dollar Index Futures was up 0.58% at 95.55.

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.