🐂 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 4.42%

Published 28/02/2020, 09:25 am
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 4.42%
US500
-
DJI
-
MSFT
-
DOW
-
MRK
-
MMM
-
AAPL
-
PFE
-
APA
-
FLIR
-
CMG
-
IXIC
-
AHPIQ
-
PWR
-
DJUSBM
-
DJUSEN
-
DJUSTC
-
PRGO
-
HBI
-
TNXP
-
VIX
-
COCP
-
NTNX
-
PRTH
-
CODX
-

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

At the close in NYSE, the Dow Jones Industrial Average fell 4.42% to hit a new 6-month low, while the S&P 500 index lost 4.42%, and the NASDAQ Composite index declined 4.61%.

The biggest gainers of the session on the Dow Jones Industrial Average were 3M Company (NYSE:MMM), which rose 0.81% or 1.20 points to trade at 150.16 at the close. Pfizer Inc (NYSE:PFE) fell 1.79% or 0.62 points to end at 34.10 and Merck & Company Inc (NYSE:MRK) was down 2.33% or 1.86 points to 78.08 in late trade.

Biggest losers included Microsoft Corporation (NASDAQ:MSFT), which lost 7.05% or 11.99 points to trade at 158.18 in late trade. Dow Inc (NYSE:DOW) declined 6.61% or 2.80 points to end at 39.55 and Apple Inc (NASDAQ:AAPL) shed 6.54% or 19.13 points to 273.52.

The top performers on the S&P 500 were Quanta Services Inc (NYSE:PWR) which rose 6.31% to 39.42, Apache Corporation (NYSE:APA) which was up 2.62% to settle at 25.07 and Hanesbrands Inc (NYSE:HBI) which gained 1.50% to close at 12.86.

The worst performers were FLIR Systems Inc (NASDAQ:FLIR) which was down 17.87% to 44.42 in late trade, Perrigo Company PLC (NYSE:PRGO) which lost 14.27% to settle at 51.82 and Chipotle Mexican Grill Inc (NYSE:CMG) which was down 10.83% to 755.55 at the close.

The top performers on the NASDAQ Composite were Allied Healthcare Products Inc (NASDAQ:AHPI) which rose 321.74% to 15.520, Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) which was up 92.22% to settle at 1.730 and Co-Diagnostics Inc (NASDAQ:CODX) which gained 79.33% to close at 15.960.

The worst performers were Nutanix Inc (NASDAQ:NTNX) which was down 28.59% to 23.30 in late trade, Priority Technology Holdings Inc (NASDAQ:PRTH) which lost 27.93% to settle at 1.600 and Cocrystal Pharma Inc (NASDAQ:COCP) which was down 27.68% to 1.2800 at the close.

Declining stocks outnumbered rising ones by 2605 to 284 and 27 ended unchanged; on the Nasdaq Stock Exchange, 2319 fell and 383 advanced, while 40 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 42.09% to 39.16 a new 3-year high.

In commodities trading, Gold Futures for April delivery was up 0.19% or 3.20 to $1646.30 a troy ounce. Meanwhile, Crude oil for delivery in April fell 4.99% or 2.43 to hit $46.30 a barrel, while the May Brent oil contract fell 0.22% or 0.11 to trade at $50.91 a barrel.

EUR/USD was up 0.04% to 1.1002, while USD/JPY fell 0.01% to 109.56.

The US Dollar Index Futures was down 0.57% at 98.375.

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.