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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.34%

Published 10/08/2019, 07:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.34%
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Investing.com – U.S. equities were lower at the close on Friday, as losses in the Technology, Oil & Gas and Basic Materials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.34%, while the S&P 500 index declined 0.66%, and the NASDAQ Composite index declined 1.00%.

The biggest gainers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which rose 1.41% or 3.07 points to trade at 221.08 at the close. Merck & Company Inc (NYSE:MRK) added 0.90% or 0.76 points to end at 85.49 and American Express Company (NYSE:AXP) was up 0.69% or 0.87 points to 126.16 in late trade.

Biggest losers included International Business Machines (NYSE:IBM), which lost 2.88% or 4.04 points to trade at 136.06 in late trade. Intel Corporation (NASDAQ:INTC) declined 2.52% or 1.19 points to end at 45.98 and Caterpillar Inc (NYSE:CAT) shed 2.20% or 2.69 points to 119.33.

The top performers on the S&P 500 were Amgen Inc (NASDAQ:AMGN) which rose 5.95% to 196.25, News Corp B (NASDAQ:NWS) which was up 5.31% to settle at 14.07 and News Corp A (NASDAQ:NWSA) which gained 5.14% to close at 13.70.

The worst performers were DXC Technology Co (NYSE:DXC) which was down 30.49% to 35.90 in late trade, Nektar Therapeutics (NASDAQ:NKTR) which lost 29.25% to settle at 20.92 and Kraft Heinz Co (NASDAQ:KHC) which was down 6.09% to 26.50 at the close.

The top performers on the NASDAQ Composite were Arcadia Biosciences Inc (NASDAQ:RKDA) which rose 124.38% to 4.510, InnerWorkings Inc (NASDAQ:INWK) which was up 58.45% to settle at 4.50 and Two Rivers Bancorp (NASDAQ:TRCB) which gained 50.78% to close at 20.40.

The worst performers were ViewRay Inc (NASDAQ:VRAY) which was down 54.01% to 3.100 in late trade, Waitr Holdings Inc (NASDAQ:WTRH) which lost 49.73% to settle at 1.89 and Exela Technologies Inc (NASDAQ:XELA) which was down 47.76% to 1.28 at the close.

Declining stocks outnumbered rising ones by 2006 to 992 and 23 ended unchanged; on the Nasdaq Stock Exchange, 1765 fell and 897 advanced, while 74 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.27% to 17.97.

In commodities trading, Gold Futures for December delivery was down 0.08% or 1.15 to $1508.35 a troy ounce. Meanwhile, Crude oil for delivery in September rose 3.20% or 1.68 to hit $54.22 a barrel, while the October Brent oil contract rose 1.59% or 0.91 to trade at $58.29 a barrel.

EUR/USD was up 0.20% to 1.1200, while USD/JPY fell 0.34% to 105.69.

The US Dollar Index Futures was down 0.06% at 97.375.

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