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

Published 10/12/2022, 08:25 am
© Reuters U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.90%

Investing.com – U.S. equities were lower at the close on Friday, as losses in the Oil & Gas, Healthcare and Basic Materials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.90%, while the S&P 500 index fell 0.74%, and the NASDAQ Composite index fell 0.70%.

The biggest gainers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE:DIS), which rose 0.90% or 0.83 points to trade at 93.38 at the close. Verizon Communications Inc (NYSE:VZ) added 0.81% or 0.30 points to end at 37.40 and Salesforce Inc (NYSE:CRM) was up 0.75% or 0.98 points to 131.11 in late trade.

Biggest losers included Chevron Corp (NYSE:CVX), which lost 3.19% or 5.54 points to trade at 168.00 in late trade. Amgen Inc (NASDAQ:AMGN) declined 2.42% or 6.92 points to end at 278.65 and Walmart Inc (NYSE:WMT) shed 2.33% or 3.47 points to 145.31.

The top performers on the S&P 500 were Paramount Global Class B (NASDAQ:PARA) which rose 5.08% to 19.02, Tesla Inc (NASDAQ:TSLA) which was up 3.23% to settle at 179.05 and Netflix Inc (NASDAQ:NFLX) which gained 3.14% to close at 320.01.

The worst performers were Schlumberger NV (NYSE:SLB) which was down 5.91% to 46.97 in late trade, Etsy Inc (NASDAQ:ETSY) which lost 5.74% to settle at 126.78 and Halliburton Company (NYSE:HAL) which was down 5.33% to 33.01 at the close.

The top performers on the NASDAQ Composite were HTG Molecular Diagnostics Inc (NASDAQ:HTGM) which rose 117.57% to 0.54, ClearOne Inc (NASDAQ:CLRO) which was up 73.40% to settle at 1.40 and China Jo-Jo Drugstores Inc (NASDAQ:CJJD) which gained 51.20% to close at 3.31.

The worst performers were Grom Social Enterprises Inc (NASDAQ:GROM) which was down 66.28% to 1.30 in late trade, Autolus Therapeutics Ltd (NASDAQ:AUTL) which lost 38.13% to settle at 1.85 and Appreciate Holdings Inc (NASDAQ:SFR) which was down 33.43% to 2.73 at the close.

Declining stocks outnumbered rising ones by 2149 to 961 and 97 ended unchanged; on the Nasdaq Stock Exchange, 2352 fell and 1375 advanced, while 233 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.42% to 22.83.

In commodities trading, Gold Futures for February delivery was up 0.36% or 6.55 to $1,808.05 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.10% or 0.07 to hit $71.53 a barrel, while the February Brent oil contract rose 0.71% or 0.54 to trade at $76.69 a barrel.

EUR/USD was unchanged 0.24% to 1.05, while USD/JPY rose 0.00% to 136.65.

The US Dollar Index Futures was up 0.17% at 104.93.

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