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 0.48%

Published 03/10/2020, 07:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.48%
US500
-
DJI
-
CAT
-
MSFT
-
DOW
-
MCD
-
VRTX
-
AAPL
-
ATVI
-
AMGN
-
NFLX
-
IXIC
-
PRPH
-
WWR
-
DJUSNC
-
DJUSCY
-
DJUSTC
-
MAC
-
URI
-
LYB
-
CHRD
-
VIX
-
BNTC
-
MESO
-
NNOX
-

Investing.com – U.S. equities were lower at the close on Friday, as losses in the Technology, Consumer Services and Consumer Goods sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.48%, while the S&P 500 index fell 0.96%, and the NASDAQ Composite index fell 2.22%.

The biggest gainers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW), which rose 2.60% or 1.20 points to trade at 47.31 at the close. Caterpillar Inc (NYSE:CAT) added 2.20% or 3.23 points to end at 149.94 and McDonald’s Corporation (NYSE:MCD) was up 1.40% or 3.08 points to 222.67 in late trade.

Biggest losers included Amgen Inc (NASDAQ:AMGN), which lost 3.91% or 9.98 points to trade at 245.41 in late trade. Apple Inc (NASDAQ:AAPL) declined 3.23% or 3.77 points to end at 113.02 and Microsoft Corporation (NASDAQ:MSFT) shed 2.95% or 6.27 points to 206.19.

The top performers on the S&P 500 were LyondellBasell Industries NV (NYSE:LYB) which rose 6.02% to 72.24, Macerich Company (NYSE:MAC) which was up 5.71% to settle at 7.41 and United Rentals Inc (NYSE:URI) which gained 5.51% to close at 185.02.

The worst performers were Activision Blizzard Inc (NASDAQ:ATVI) which was down 5.30% to 78.30 in late trade, Vertex Pharmaceuticals Inc (NASDAQ:VRTX) which lost 4.65% to settle at 260.80 and Netflix Inc (NASDAQ:NFLX) which was down 4.63% to 503.06 at the close.

The top performers on the NASDAQ Composite were Nano X Imaging Ltd (NASDAQ:NNOX) which rose 56.20% to 37.44, Westwater Resources Inc (NASDAQ:WWR) which was up 49.32% to settle at 4.420 and ProPhase Labs Inc (NASDAQ:PRPH) which gained 32.05% to close at 5.150.

The worst performers were Benitec Biopharma Ltd ADR (NASDAQ:BNTC) which was down 36.74% to 3.03 in late trade, Mesoblast Ltd (NASDAQ:MESO) which lost 35.27% to settle at 12.03 and Oasis Petroleum Inc (NASDAQ:OAS) which was down 19.10% to 0.171 at the close.

Advancing stocks outnumbered falling ones by 1907 to 1162 and 96 ended unchanged; on the Nasdaq Stock Exchange, 1486 fell and 1380 advanced, while 78 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.48% to 27.63.

In commodities trading, Gold Futures for December delivery was down 0.64% or 12.30 to $1904.00 a troy ounce. Meanwhile, Crude oil for delivery in November fell 4.52% or 1.75 to hit $36.97 a barrel, while the December Brent oil contract fell 4.25% or 1.74 to trade at $39.19 a barrel.

EUR/USD was down 0.26% to 1.1716, while USD/JPY fell 0.19% to 105.30.

The US Dollar Index Futures was up 0.15% at 93.907.

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.