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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.75%

Published 09/07/2021, 06:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.75%
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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 0.75%, while the S&P 500 index declined 0.86%, and the NASDAQ Composite index declined 0.72%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 2.16% or 5.00 points to trade at 236.78 at the close. International Business Machines (NYSE:IBM) added 0.65% or 0.91 points to end at 140.73 and Amgen Inc (NASDAQ:AMGN) was up 0.41% or 1.00 points to 244.22 in late trade.

Biggest losers included The Travelers Companies Inc (NYSE:TRV), which lost 2.44% or 3.71 points to trade at 148.48 in late trade. Goldman Sachs Group Inc (NYSE:GS) declined 2.34% or 8.61 points to end at 359.06 and American Express Company (NYSE:AXP) shed 2.00% or 3.42 points to 167.56.

The top performers on the S&P 500 were Biogen Inc (NASDAQ:BIIB) which rose 3.96% to 369.40, Ball Corporation (NYSE:BLL) which was up 2.98% to settle at 85.29 and Cabot Oil & Gas Corporation (NYSE:COG) which gained 2.23% to close at 17.40.

The worst performers were Kansas City Southern (NYSE:KSU) which was down 7.83% to 262.92 in late trade, Norfolk Southern Corporation (NYSE:NSC) which lost 7.09% to settle at 253.96 and CSX Corporation (NASDAQ:CSX) which was down 6.16% to 30.95 at the close.

The top performers on the NASDAQ Composite were Carver Bancorp Inc (NASDAQ:CARV) which rose 104.25% to 21.61, Nova Lifestyle I (NASDAQ:NVFY) which was up 69.13% to settle at 6.410 and Aerpio Pharmaceuticals Inc (NASDAQ:ARPO) which gained 62.57% to close at 2.7800.

The worst performers were Newegg Commerce Inc (NASDAQ:NEGG) which was down 32.55% to 45.58 in late trade, Pop Culture Group Co Ltd (NASDAQ:CPOP) which lost 24.70% to settle at 19.77 and 360 Finance Inc (NASDAQ:QFIN) which was down 21.55% to 26.00 at the close.

Declining stocks outnumbered rising ones by 2445 to 725 and 118 ended unchanged; on the Nasdaq Stock Exchange, 2306 fell and 1135 advanced, while 166 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 17.28% to 19.00.

In commodities trading, Gold Futures for August delivery was up 0.04% or 0.75 to $1802.85 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.30% or 0.94 to hit $73.14 a barrel, while the September Brent oil contract rose 1.23% or 0.90 to trade at $74.33 a barrel.

EUR/USD was up 0.48% to 1.1845, while USD/JPY fell 0.80% to 109.77.

The US Dollar Index Futures was down 0.29% at 92.373.

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