Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.43%

Published 30/01/2021, 07:25 am
Updated 30/01/2021, 07:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.43%

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

At the close in NYSE, the Dow Jones Industrial Average lost 1.43% to hit a new 1-month low, while the S&P 500 index lost 1.31%, and the NASDAQ Composite index fell 1.38%.

The biggest gainers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which rose 1.13% or 2.33 points to trade at 209.15 at the close. Nike Inc (NYSE:NKE) added 0.06% or 0.08 points to end at 134.80 and Salesforce.com Inc (NYSE:CRM) was down 0.03% or 0.07 points to 226.43 in late trade.

Biggest losers included 3M Company (NYSE:MMM), which lost 3.66% or 6.71 points to trade at 176.71 in late trade. Chevron Corp (NYSE:CVX) declined 3.75% or 3.34 points to end at 85.68 and Dow Inc (NYSE:DOW) shed 3.44% or 1.87 points to 52.51.

The top performers on the S&P 500 were Nektar Therapeutics (NASDAQ:NKTR) which rose 8.46% to 20.00, Skyworks Solutions Inc (NASDAQ:SWKS) which was up 6.90% to settle at 170.81 and Western Digital Corporation (NASDAQ:WDC) which gained 6.50% to close at 56.07.

The worst performers were Macerich Company (NYSE:MAC) which was down 14.91% to 16.18 in late trade, ResMed Inc (NYSE:RMD) which lost 7.23% to settle at 200.31 and Principal Financial Group Inc (NASDAQ:PFG) which was down 6.87% to 48.94 at the close.

The top performers on the NASDAQ Composite were Siebert Financial Corp (NASDAQ:SIEB) which rose 132.34% to 8.62, Iconix Brand Group Inc (NASDAQ:ICON) which was up 83.13% to settle at 3.040 and Koss Corporation (NASDAQ:KOSS) which gained 72.78% to close at 72.500.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Marine Petroleum Trust (NASDAQ:MARPS) which was down 40.92% to 5.305 in late trade, eHealth Inc (NASDAQ:EHTH) which lost 38.18% to settle at 48.34 and Ucommune International Ltd (NASDAQ:UK) which was down 33.60% to 3.38 at the close.

Declining stocks outnumbered rising ones by 2312 to 786 and 71 ended unchanged; on the Nasdaq Stock Exchange, 2121 fell and 969 advanced, while 56 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.56% to 30.68.

In commodities trading, Gold Futures for April delivery was up 0.44% or 8.15 to $1849.35 a troy ounce. Meanwhile, Crude oil for delivery in March unchanged 0.00% or 0.00 to hit $52.34 a barrel, while the April Brent oil contract rose 0.02% or 0.01 to trade at $55.11 a barrel.

EUR/USD was up 0.11% to 1.2134, while USD/JPY rose 0.50% to 104.73.

The US Dollar Index Futures was up 0.12% at 90.532.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.