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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.53%

Published 20/07/2018, 06:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.53%
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Investing.com – U.S. equities were lower at the close on Thursday, as losses in the Telecoms, Basic Materials and Financials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.53%, while the S&P 500 index fell 0.40%, and the NASDAQ Composite index declined 0.37%.

The biggest gainers of the session on the Dow Jones Industrial Average were International Business Machines (NYSE:IBM), which rose 3.27% or 4.72 points to trade at 149.24 at the close. Walt Disney Company (NYSE:DIS) added 1.30% or 1.44 points to end at 112.13 and Home Depot Inc (NYSE:HD) was up 0.83% or 1.66 points to 202.63 in late trade.

Biggest losers included The Travelers Companies Inc (NYSE:TRV), which lost 3.71% or 4.82 points to trade at 125.18 in late trade. American Express Company (NYSE:AXP) declined 2.73% or 2.81 points to end at 100.17 and Walgreens Boots Alliance Inc (NASDAQ:WBA) shed 1.86% or 1.23 points to 64.93.

The top performers on the S&P 500 were Snap-On Incorporated (NYSE:SNA) which rose 9.50% to 173.29, Dover Corporation (NYSE:DOV) which was up 5.30% to settle at 78.12 and Danaher Corporation (NYSE:DHR) which gained 4.47% to close at 103.20.

The worst performers were eBay Inc (NASDAQ:EBAY) which was down 10.12% to 34.11 in late trade, Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which lost 7.49% to settle at 15.80 and Fifth Third Bancorp (NASDAQ:FITB) which was down 6.38% to 28.31 at the close.

The top performers on the NASDAQ Composite were Schmitt Industries Inc (NASDAQ:SMIT) which rose 29.58% to 3.110, AC Immune Ltd (NASDAQ:ACIU) which was up 21.48% to settle at 14.31 and Adomani Inc (NASDAQ:ADOM) which gained 20.62% to close at 0.78.

The worst performers were Mersana Therapeutics Inc (NASDAQ:MRSN) which was down 31.59% to 11.26 in late trade, AGM Group Holdings Inc Class A (NASDAQ:AGMH) which lost 19.30% to settle at 13.84 and Resources Connection Inc (NASDAQ:RECN) which was down 17.20% to 14.20 at the close.

Advancing stocks outnumbered falling ones by 1787 to 1264 and 114 ended unchanged; on the Nasdaq Stock Exchange, 1394 rose and 1152 declined, while 142 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 5.87% to 12.81.

In commodities trading, Gold Futures for August delivery was down 0.42% or 5.10 to $1222.80 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.46% or 0.31 to hit $68.06 a barrel, while the September Brent oil contract fell 0.40% or 0.29 to trade at $72.61 a barrel.

EUR/USD was up 0.04% to 1.1644, while USD/JPY fell 0.35% to 112.45.

The US Dollar Index Futures was up 0.14% at 94.97.

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