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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.55%

Published 07/09/2022, 06:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.55%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.55% to hit a new 1-month low, while the S&P 500 index declined 0.41%, and the NASDAQ Composite index fell 0.74%.

The biggest gainers of the session on the Dow Jones Industrial Average were Visa Inc Class A (NYSE:V), which rose 0.45% or 0.88 points to trade at 198.64 at the close. Boeing Co (NYSE:BA) added 0.38% or 0.57 points to end at 152.39 and Johnson & Johnson (NYSE:JNJ) was up 0.27% or 0.44 points to 163.18 in late trade.

Biggest losers included 3M Company (NYSE:MMM), which lost 4.15% or 5.05 points to trade at 116.60 in late trade. Intel Corporation (NASDAQ:INTC) declined 2.75% or 0.86 points to end at 30.36 and Goldman Sachs Group Inc (NYSE:GS) shed 1.51% or 4.99 points to 326.49.

The top performers on the S&P 500 were Rollins Inc (NYSE:ROL) which rose 6.05% to 35.78, Enphase Energy Inc (NASDAQ:ENPH) which was up 4.93% to settle at 292.82 and SolarEdge Technologies Inc (NASDAQ:SEDG) which gained 4.22% to close at 278.38.

The worst performers were Moderna Inc (NASDAQ:MRNA) which was down 6.13% to 130.08 in late trade, Church & Dwight Company Inc (NYSE:CHD) which lost 4.69% to settle at 80.23 and 3M Company (NYSE:MMM) which was down 4.15% to 116.60 at the close.

The top performers on the NASDAQ Composite were Shuttle Pharmaceuticals Inc (NASDAQ:SHPH) which rose 91.28% to 28.50, IVERIC bio Inc (NASDAQ:ISEE) which was up 66.31% to settle at 15.70 and HyreCar Inc (NASDAQ:HYRE) which gained 58.12% to close at 1.27.

The worst performers were Creatd Inc (NASDAQ:CRTD) which was down 48.11% to 0.19 in late trade, Addentax Group Corp (NASDAQ:ATXG) which lost 39.52% to settle at 5.80 and Rigetti Computing Inc (NASDAQ:RGTI) which was down 37.09% to 2.29 at the close.

Declining stocks outnumbered rising ones by 2121 to 1009 and 117 ended unchanged; on the Nasdaq Stock Exchange, 2468 fell and 1299 advanced, while 194 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.54% to 26.91 a new 1-month high.

In commodities trading, Gold Futures for December delivery was down 0.63% or 10.85 to $1,711.75 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.10% or 0.09 to hit $86.78 a barrel, while the November Brent oil contract fell 3.16% or 3.03 to trade at $92.71 a barrel.

EUR/USD was unchanged 0.24% to 0.99, while USD/JPY rose 1.58% to 142.80.

The US Dollar Index Futures was up 0.66% at 110.24.

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