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 0.36%

Published 18/10/2018, 07:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.36%
EUR/USD
-
USD/JPY
-
XAU/USD
-
US500
-
DJI
-
GS
-
MCD
-
SHLDQ
-
CPB
-
HD
-
IBM
-
JNJ
-
AZO
-
USB
-
UNH
-
DX
-
GC
-
LCO
-
CL
-
UAL
-
NFLX
-
IXIC
-
BLIN
-
ADD
-
RVLT
-
DJUSBM
-
DJUSIN
-
DJUSEN
-
VIX
-
BLNK
-
YECO
-

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.36%, while the S&P 500 index lost 0.03%, and the NASDAQ Composite index declined 0.04%.

The biggest gainers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 2.97% or 6.58 points to trade at 228.28 at the close. Johnson & Johnson (NYSE:JNJ) added 2.12% or 2.90 points to end at 139.46 and McDonald’s Corporation (NYSE:MCD) was up 1.65% or 2.70 points to 166.77 in late trade.

Biggest losers included International Business Machines (NYSE:IBM), which lost 7.63% or 11.07 points to trade at 134.05 in late trade. Home Depot Inc (NYSE:HD) declined 4.34% or 8.41 points to end at 185.17 and UnitedHealth Group Incorporated (NYSE:UNH) shed 1.93% or 5.27 points to 267.30.

The top performers on the S&P 500 were United Continental Holdings Inc (NASDAQ:UAL) which rose 5.95% to 88.49, Netflix Inc (NASDAQ:NFLX) which was up 5.28% to settle at 364.70 and US Bancorp (NYSE:USB) which gained 3.79% to close at 52.90.

The worst performers were International Business Machines (NYSE:IBM) which was down 7.63% to 134.05 in late trade, AutoZone Inc (NYSE:AZO) which lost 7.60% to settle at 714.71 and Campbell Soup Company (NYSE:CPB) which was down 5.42% to 36.32 at the close.

The top performers on the NASDAQ Composite were Yulong Eco-Materials Ltd (NASDAQ:YECO) which rose 569.69% to 10.200, China Advanced Construction Materials (NASDAQ:CADC) which was up 62.28% to settle at 3.700 and Sears Holdings Corporation (NASDAQ:SHLD) which gained 57.50% to close at 0.63.

The worst performers were Revolution Lighting Technologies (NASDAQ:RVLT) which was down 38.28% to 1.5800 in late trade, Bridgeline Digital Inc (NASDAQ:BLIN) which lost 32.41% to settle at 0.4721 and Blink Charging Co (NASDAQ:BLNK) which was down 31.18% to 2.4500 at the close.

Declining stocks outnumbered rising ones by 1930 to 1116 and 111 ended unchanged; on the Nasdaq Stock Exchange, 1465 fell and 1136 advanced, while 112 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.25% to 17.40.

In commodities trading, Gold Futures for December delivery was down 0.43% or 5.30 to $1225.70 a troy ounce. Meanwhile, Crude oil for delivery in November fell 2.59% or 1.86 to hit $70.06 a barrel, while the December Brent oil contract fell 1.35% or 1.10 to trade at $80.31 a barrel.

EUR/USD was down 0.64% to 1.1500, while USD/JPY rose 0.31% to 112.60.

The US Dollar Index Futures was up 0.59% at 95.34.

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.