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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.90%

Published 12/04/2018, 06:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.90%
US500
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DJI
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BA
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CVX
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MCD
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FAST
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XOM
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MAT
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DD
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GWW
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UNH
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IXIC
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ADD
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LEDS
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REXXQ
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DJUSBM
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DJUSFN
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DJUSTL
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CXO
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VIX
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HLT
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AAL
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IZEA
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ARGSQ
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LBCC
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Investing.com – U.S. equities were lower at the close on Wednesday, as losses in the Telecoms, Financials and Basic Materials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.90%, while the S&P 500 index fell 0.55%, and the NASDAQ Composite index declined 0.36%.

The biggest gainers of the session on the Dow Jones Industrial Average were Exxon Mobil Corporation (NYSE:XOM), which rose 0.45% or 0.35 points to trade at 77.42 at the close. McDonald’s Corporation (NYSE:MCD) added 0.34% or 0.56 points to end at 163.33 and Chevron Corporation (NYSE:CVX) was up 0.34% or 0.40 points to 119.25 in late trade.

Biggest losers included Boeing Co (NYSE:BA), which lost 2.23% or 7.46 points to trade at 327.37 in late trade. UnitedHealth Group Incorporated (NYSE:UNH) declined 2.19% or 4.96 points to end at 221.83 and DowDuPont Inc (NYSE:DWDP) shed 1.78% or 1.17 points to 64.72.

The top performers on the S&P 500 were Mattel Inc (NASDAQ:MAT) which rose 6.58% to 14.41, Hilton Worldwide Holdings Inc (NYSE:HLT) which was up 6.05% to settle at 79.55 and Concho Resources Inc (NYSE:CXO) which gained 4.49% to close at 146.74.

The worst performers were Fastenal Company (NASDAQ:FAST) which was down 6.19% to 51.05 in late trade, WW Grainger Inc (NYSE:GWW) which lost 4.41% to settle at 279.13 and American Airlines Group (NASDAQ:AAL) which was down 4.34% to 45.40 at the close.

The top performers on the NASDAQ Composite were Argos Therapeutics Inc (NASDAQ:ARGS) which rose 49.32% to 1.09, China Advanced Construction Materials (NASDAQ:CADC) which was up 40.43% to settle at 3.300 and SemiLEDS Corporation (NASDAQ:LEDS) which gained 39.07% to close at 5.9800.

The worst performers were Long Blockchain Corp (NASDAQ:LBCC) which was down 37.14% to 1.10 in late trade, Rex Energy Corp (NASDAQ:REXX) which lost 27.06% to settle at 0.5252 and Izea Inc (NASDAQ:IZEA) which was down 21.64% to 1.8100 at the close.

Advancing stocks outnumbered falling ones by 1606 to 1510 and 50 ended unchanged; on the Nasdaq Stock Exchange, 1269 fell and 1221 advanced, while 172 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.17% to 20.23.

In commodities trading, Gold Futures for June delivery was up 0.77% or 10.30 to $1356.20 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.94% or 1.27 to hit $66.78 a barrel, while the June Brent oil contract rose 1.28% or 0.91 to trade at $71.95 a barrel.

EUR/USD was up 0.10% to 1.2367, while USD/JPY fell 0.35% to 106.83.

The US Dollar Index Futures was down 0.10% at 89.23.

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