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U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.19%

Published 27/10/2018, 07:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.19%
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Investing.com – U.S. equities were lower at the close on Friday, as losses in the Consumer Services, Telecoms and Technology sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 1.19%, while the S&P 500 index fell 1.73%, and the NASDAQ Composite index declined 2.07%.

The biggest gainers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 3.11% or 1.38 points to trade at 45.69 at the close. Walgreens Boots Alliance Inc (NASDAQ:WBA) added 0.65% or 0.49 points to end at 76.23 and Merck & Company Inc (NYSE:MRK) was up 0.63% or 0.44 points to 70.40 in late trade.

Biggest losers included Home Depot Inc (NYSE:HD), which lost 3.82% or 6.84 points to trade at 172.23 in late trade. Cisco Systems Inc (NASDAQ:CSCO) declined 2.68% or 1.22 points to end at 44.25 and American Express Company (NYSE:AXP) shed 2.27% or 2.35 points to 101.25.

The top performers on the S&P 500 were Roper Technologies Inc (NYSE:ROP) which rose 7.55% to 285.38, Cabot Oil & Gas Corporation (NYSE:COG) which was up 7.10% to settle at 22.92 and Cincinnati Financial Corporation (NASDAQ:CINF) which gained 6.62% to close at 76.50.

The worst performers were Mohawk Industries Inc (NYSE:MHK) which was down 23.86% to 115.03 in late trade, Western Digital Corporation (NASDAQ:WDC) which lost 18.18% to settle at 44.19 and Fortune Brands Home & Security Inc (NYSE:FBHS) which was down 11.10% to 41.58 at the close.

The top performers on the NASDAQ Composite were Yulong Eco-Materials Ltd (NASDAQ:YECO) which rose 66.20% to 7.180, China Recycling Energy Corp (NASDAQ:CREG) which was up 19.55% to settle at 1.5900 and MYnd Analytics Inc (NASDAQ:MYND) which gained 24.09% to close at 1.70.

The worst performers were Synergy Pharmaceuticals Inc (NASDAQ:SGYP) which was down 69.29% to 0.430 in late trade, Flex Ltd (NASDAQ:FLEX) which lost 35.01% to settle at 7.09 and MoSys Inc (NASDAQ:MOSY) which was down 30.50% to 0.2648 at the close.

Declining stocks outnumbered rising ones by 2216 to 858 and 79 ended unchanged; on the Nasdaq Stock Exchange, 1765 fell and 883 advanced, while 81 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.25% to 24.16.

In commodities trading, Gold Futures for December delivery was up 0.59% or 7.20 to $1236.30 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.49% or 0.33 to hit $67.66 a barrel, while the December Brent oil contract rose 1.08% or 0.83 to trade at $77.72 a barrel.

EUR/USD was up 0.30% to 1.1408, while USD/JPY fell 0.54% to 111.81.

The US Dollar Index Futures was down 0.35% at 96.12.

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