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 0.59%

Published 16/11/2017, 08:25 am
U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.59%
US500
-
DJI
-
CAT
-
GIS
-
JPM
-
HD
-
TGT
-
GE
-
V
-
NKE
-
IXIC
-
DISCK
-
LEDS
-
NLST
-
DJUSNC
-
DJUSUT
-
DJUSEN
-
NUWE
-
FL
-
AAP
-
ALK
-
ARCT
-
VIX
-
QRHC
-
IVRN
-

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.59%, while the S&P 500 index declined 0.55%, and the NASDAQ Composite index declined 0.47%.

The biggest gainers of the session on the Dow Jones Industrial Average were General Electric Company (NYSE:GE), which rose 2.01% or 0.36 points to trade at 18.26 at the close. Nike Inc (NYSE:NKE) added 1.16% or 0.65 points to end at 56.63 and JPMorgan Chase & Co (NYSE:JPM) was up 0.95% or 0.92 points to 98.19 in late trade.

Biggest losers included Caterpillar Inc (NYSE:CAT), which lost 2.50% or 3.44 points to trade at 134.10 in late trade. Visa Inc (NYSE:V) declined 1.54% or 1.73 points to end at 110.25 and Home Depot Inc (NYSE:HD) shed 1.54% or 2.59 points to 165.47.

The top performers on the S&P 500 were Alaska Air Group Inc (NYSE:ALK) which rose 4.47% to 64.44, Foot Locker Inc (NYSE:FL) which was up 4.00% to settle at 31.20 and Discovery Communications C Inc (NASDAQ:DISCK) which gained 3.14% to close at 15.75.

The worst performers were Target Corporation (NYSE:TGT) which was down 9.87% to 54.16 in late trade, Advance Auto Parts Inc (NYSE:AAP) which lost 4.33% to settle at 91.58 and General Mills Inc (NYSE:GIS) which was down 2.93% to 52.53 at the close.

The top performers on the NASDAQ Composite were CHF Solutions Inc (NASDAQ:CHFS) which rose 337.67% to 16.500, SemiLEDS Corporation (NASDAQ:LEDS) which was up 128.21% to settle at 6.3900 and Quest Resource Holding Corp (NASDAQ:QRHC) which gained 73.50% to close at 2.0300.

The worst performers were Alcobra Ltd (NASDAQ:ADHD) which was up 4.29% to 1.46 in late trade, Netlist Inc (NASDAQ:NLST) which lost 52.64% to settle at 0.308 and Medovex Corp (NASDAQ:MDVX) which was down 42.55% to 0.540 at the close.

Declining stocks outnumbered rising ones by 1998 to 1098 and 126 ended unchanged; on the Nasdaq Stock Exchange, 1517 fell and 1013 advanced, while 131 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 13.46% to 13.15 a new 1-month high.

In commodities trading, Gold Futures for December delivery was down 0.30% or 3.85 to $1279.05 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.83% or 0.46 to hit $55.24 a barrel, while the January Brent oil contract fell 0.59% or 0.37 to trade at $61.84 a barrel.

EUR/USD was down 0.07% to 1.1789, while USD/JPY fell 0.53% to 112.85.

The US Dollar Index Futures was up 0.01% at 93.73.

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.