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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.93%

Published 29/05/2019, 07:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.93%
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Investing.com – U.S. equities were lower at the close on Tuesday, as losses in the Consumer Goods, Utilities and Healthcare sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.93%, while the S&P 500 index fell 0.84%, and the NASDAQ Composite index fell 0.39%.

The biggest gainers of the session on the Dow Jones Industrial Average were Visa Inc Class A (NYSE:V), which rose 0.66% or 1.07 points to trade at 163.71 at the close. Boeing Co (NYSE:BA) fell 0.01% or 0.02 points to end at 354.88 and Pfizer Inc (NYSE:PFE) was down 0.12% or 0.05 points to 41.90 in late trade.

Biggest losers included UnitedHealth Group Incorporated (NYSE:UNH), which lost 2.25% or 5.57 points to trade at 242.06 in late trade. Intel Corporation (NASDAQ:INTC) declined 2.24% or 1.00 points to end at 43.57 and Procter & Gamble Company (NYSE:PG) shed 2.09% or 2.23 points to 104.46.

The top performers on the S&P 500 were Advanced Micro Devices Inc (NASDAQ:AMD) which rose 9.80% to 29.03, Total System Services Inc (NYSE:TSS) which was up 4.75% to settle at 118.84 and Activision Blizzard Inc (NASDAQ:ATVI) which gained 2.86% to close at 43.50.

The worst performers were Kraft Heinz Co (NASDAQ:KHC) which was down 6.59% to 29.06 in late trade, Pacific Gas & Electric Co (NYSE:PCG) which lost 5.84% to settle at 17.73 and Perrigo Company PLC (NYSE:PRGO) which was down 5.70% to 44.65 at the close.

The top performers on the NASDAQ Composite were Soliton Inc (NASDAQ:SOLY) which rose 148.17% to 14.2200, Exela Technologies Inc (NASDAQ:XELA) which was up 43.11% to settle at 2.39 and Yintech Investment Holdings Ltd (NASDAQ:YIN) which gained 27.51% to close at 6.35.

The worst performers were Kezar Life Sciences Inc (NASDAQ:KZR) which was down 41.39% to 9.90 in late trade, GWG Holdings Inc (NASDAQ:GWGH) which lost 21.32% to settle at 11.00 and AGM Group Holdings Inc Class A (NASDAQ:AGMH) which was down 17.69% to 14.05 at the close.

Declining stocks outnumbered rising ones by 2020 to 970 and 106 ended unchanged; on the Nasdaq Stock Exchange, 1687 fell and 976 advanced, while 88 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 10.41% to 17.50.

In commodities trading, Gold Futures for June delivery was down 0.39% or 4.95 to $1278.65 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.72% or 0.42 to hit $59.05 a barrel, while the August Brent oil contract rose 0.06% or 0.04 to trade at $68.68 a barrel.

EUR/USD was up 0.02% to 1.1162, while USD/JPY rose 0.01% to 109.38.

The US Dollar Index Futures was up 0.39% at 97.855.

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