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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.80%

Published 06/04/2022, 06:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.80%
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Investing.com – U.S. equities were lower at the close on Tuesday, as losses in the Technology, Consumer Goods and Oil & Gas sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.80%, while the S&P 500 index lost 1.26%, and the NASDAQ Composite index fell 2.26%.

The biggest gainers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 1.52% or 7.74 points to trade at 517.76 at the close. McDonald’s Corporation (NYSE:MCD) added 0.68% or 1.68 points to end at 248.51 and Johnson & Johnson (NYSE:JNJ) was up 0.65% or 1.14 points to 177.61 in late trade.

Biggest losers included Boeing Co (NYSE:BA), which lost 4.46% or 8.53 points to trade at 182.65 in late trade. Salesforce.com Inc (NYSE:CRM) declined 3.98% or 8.71 points to end at 210.14 and Intel Corporation (NASDAQ:INTC) shed 2.17% or 1.07 points to 48.13.

The top performers on the S&P 500 were Zimmer Biomet Holdings Inc (NYSE:ZBH) which rose 2.60% to 129.13, Carnival Corporation (NYSE:CCL) which was up 2.43% to settle at 20.22 and JM Smucker Company (NYSE:SJM) which gained 2.32% to close at 137.77.

The worst performers were MarketAxess Holdings Inc (NASDAQ:MKTX) which was down 10.97% to 307.60 in late trade, Monolithic Power Systems Inc (NASDAQ:MPWR) which lost 7.41% to settle at 439.38 and Ceridian HCM Holding Inc (NYSE:CDAY) which was down 6.37% to 65.66 at the close.

The top performers on the NASDAQ Composite were Anghami De Inc (NASDAQ:ANGH) which rose 47.52% to 13.41, Inozyme Pharma Inc (NASDAQ:INZY) which was up 38.60% to settle at 5.96 and Kaspien Holdings Inc (NASDAQ:KSPN) which gained 34.18% to close at 9.50.

The worst performers were Cognyte Software Ltd (NASDAQ:CGNT) which was down 31.13% to 8.03 in late trade, Imara Inc (NASDAQ:IMRA) which lost 22.09% to settle at 1.27 and Immix Biopharma Inc (NASDAQ:IMMX) which was down 22.01% to 2.02 at the close.

Declining stocks outnumbered rising ones by 2638 to 591 and 115 ended unchanged; on the Nasdaq Stock Exchange, 2858 fell and 998 advanced, while 212 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 13.25% to 21.03.

In commodities trading, Gold Futures for June delivery was down 0.71% or 13.80 to $1,920.20 a troy ounce. Meanwhile, Crude oil for delivery in May fell 2.51% or 2.59 to hit $100.69 a barrel, while the June Brent oil contract fell 2.01% or 2.16 to trade at $105.37 a barrel.

EUR/USD was down 0.59% to 1.09, while USD/JPY rose 0.69% to 123.63.

The US Dollar Index Futures was up 0.50% at 99.47.

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