🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.86%

Published 01/12/2021, 09:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.86%
US500
-
DJI
-
BA
-
MRK
-
AAPL
-
INTU
-
GAP
-
PFE
-
TRV
-
AXP
-
CRM
-
IXIC
-
CPIX
-
NKTR
-
PWR
-
DJUSBM
-
DJUSTL
-
DJUSUT
-
MEIP
-
TGTX
-
VIX
-
TOMZ
-
OLMA
-
MKULQ
-

Investing.com – U.S. equities were lower at the close on Tuesday, as losses in the Telecoms, Utilities and Basic Materials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 1.86% to hit a new 1-month low, while the S&P 500 index lost 1.90%, and the NASDAQ Composite index declined 1.55%.

The biggest gainers of the session on the Dow Jones Industrial Average were Apple Inc (NASDAQ:AAPL), which rose 3.16% or 5.06 points to trade at 165.30 at the close. Merck & Company Inc (NYSE:MRK) added 0.03% or 0.02 points to end at 74.91 and Boeing Co (NYSE:BA) was down 0.33% or 0.65 points to 197.85 in late trade.

Biggest losers included Salesforce.com Inc (NYSE:CRM), which lost 3.97% or 11.78 points to trade at 284.96 in late trade. The Travelers Companies Inc (NYSE:TRV) declined 3.58% or 5.45 points to end at 146.95 and American Express Company (NYSE:AXP) shed 3.52% or 5.56 points to 152.30.

The top performers on the S&P 500 were Apple Inc (NASDAQ:AAPL) which rose 3.16% to 165.30, Pfizer Inc (NYSE:PFE) which was up 2.54% to settle at 53.73 and Nektar Therapeutics (NASDAQ:NKTR) which gained 1.35% to close at 11.26.

The worst performers were Gap Inc (NYSE:GPS) which was down 7.13% to 16.53 in late trade, Quanta Services Inc (NYSE:PWR) which lost 6.49% to settle at 113.78 and Intuit Inc (NASDAQ:INTU) which was down 6.10% to 652.30 at the close.

The top performers on the NASDAQ Composite were Cumberland Pharmaceuticals Inc (NASDAQ:CPIX) which rose 128.64% to 5.030, TOMI Environmental Solutions Inc (NASDAQ:TOMZ) which was up 49.14% to settle at 1.730 and MEI Pharma Inc (NASDAQ:MEIP) which gained 37.55% to close at 3.370.

The worst performers were Aeroclean Technologies LLC (NASDAQ:AERC) which was down 78.70% to 25.00 in late trade, Olema Pharmaceuticals Inc (NASDAQ:OLMA) which lost 60.02% to settle at 8.75 and TG Therapeutics Inc (NASDAQ:TGTX) which was down 34.93% to 15.20 at the close.

Declining stocks outnumbered rising ones by 2650 to 652 and 105 ended unchanged; on the Nasdaq Stock Exchange, 2643 fell and 1133 advanced, while 166 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 18.42% to 27.19.

In commodities trading, Gold Futures for February delivery was down 0.50% or 9.00 to $1776.20 a troy ounce. Meanwhile, Crude oil for delivery in January fell 4.30% or 3.01 to hit $66.94 a barrel, while the February Brent oil contract rose 0.06% or 0.04 to trade at $70.19 a barrel.

EUR/USD was up 0.04% to 1.1341, while USD/JPY rose 0.01% to 113.14.

The US Dollar Index Futures was down 0.45% at 95.900.

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.