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 0.52%

Published 22/01/2020, 09:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.52%
US500
-
DJI
-
BA
-
CVX
-
INTC
-
GS
-
WYNN
-
MGM
-
LEN
-
LUMN
-
V
-
UNH
-
CTRA
-
IXIC
-
ABMD
-
DRRX
-
KGJI
-
VXRT
-
NVAX
-
DJUSBM
-
DJUSIN
-
DJUSEN
-
VIX
-
GNPX
-
JFIN
-

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.52%, while the S&P 500 index lost 0.27%, and the NASDAQ Composite index declined 0.19%.

The biggest gainers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 1.59% or 0.95 points to trade at 60.55 at the close. Visa Inc Class A (NYSE:V) added 1.27% or 2.59 points to end at 207.29 and UnitedHealth Group Incorporated (NYSE:UNH) was up 0.69% or 2.06 points to 300.53 in late trade.

Biggest losers included Boeing Co (NYSE:BA), which lost 3.33% or 10.78 points to trade at 313.37 in late trade. Chevron Corp (NYSE:CVX) declined 1.96% or 2.27 points to end at 113.31 and Goldman Sachs Group Inc (NYSE:GS) shed 1.51% or 3.76 points to 245.70.

The top performers on the S&P 500 were ABIOMED Inc (NASDAQ:ABMD) which rose 4.76% to 189.91, CenturyLink Inc (NYSE:CTL) which was up 4.69% to settle at 14.72 and Lennar Corporation (NYSE:LEN) which gained 2.95% to close at 64.94.

The worst performers were Cabot Oil & Gas Corporation (NYSE:COG) which was down 7.67% to 15.52 in late trade, MGM Resorts International (NYSE:MGM) which lost 6.22% to settle at 32.39 and Wynn Resorts Limited (NASDAQ:WYNN) which was down 6.14% to 142.31 at the close.

The top performers on the NASDAQ Composite were Genprex Inc (NASDAQ:GNPX) which rose 219.44% to 1.1500, Novavax Inc (NASDAQ:NVAX) which was up 71.08% to settle at 9.820 and Vaxart Inc (NASDAQ:VXRT) which gained 38.24% to close at 0.530.

The worst performers were Jiayin Group Inc (NASDAQ:JFIN) which was down 20.75% to 4.24 in late trade, Kingold Jewelry Inc (NASDAQ:KGJI) which lost 17.61% to settle at 1.4300 and Durect Corporation (NASDAQ:DRRX) which was down 15.94% to 2.110 at the close.

Declining stocks outnumbered rising ones by 1723 to 1100 and 79 ended unchanged; on the Nasdaq Stock Exchange, 1643 fell and 1021 advanced, while 71 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.20% to 12.85.

In commodities trading, Gold Futures for February delivery was down 0.15% or 2.35 to $1557.95 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.55% or 0.32 to hit $58.26 a barrel, while the March Brent oil contract fell 0.05% or 0.03 to trade at $64.50 a barrel.

EUR/USD was up 0.01% to 1.1083, while USD/JPY fell 0.00% to 109.86.

The US Dollar Index Futures was up 0.01% at 97.370.

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.