U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.78%

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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.78%
Credit: © Reuters.

Investing.com – U.S. equities were lower at the close on Thursday, as losses in the Technology , Consumer Goods and Telecoms sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.78%, while the S&P 500 index declined 0.86%, and the NASDAQ Composite index declined 1.44%.

The biggest gainers of the session on the Dow Jones Industrial Average were JPMorgan Chase & Co (NYSE: JPM ), which rose 1.48% or 1.33 points to trade at 91.15 at the close. Goldman Sachs Group Inc (NYSE: GS ) added 0.53% or 1.19 points to end at 224.41 and Chevron Corporation (NYSE: CVX ) was down 0.15% or 0.16 points to 104.12 in late trade.

Biggest losers included Cisco Systems Inc (NASDAQ: CSCO ), which lost 2.09% or 0.67 points to trade at 31.41 in late trade. Intel Corporation (NASDAQ: INTC ) declined 1.93% or 0.66 points to end at 33.54 and Visa Inc (NYSE: V ) shed 1.88% or 1.81 points to 94.42.

The top performers on the S&P 500 were Acuity Brands Inc (NYSE: AYI ) which rose 10.45% to 198.52, Southwestern Energy Company (NYSE: SWN ) which was up 6.00% to settle at 6.18 and Constellation Brands Inc (NYSE: STZ ) which gained 4.96% to close at 192.79.

The worst performers were Incyte Corporation (NASDAQ: INCY ) which was down 4.13% to 128.78 in late trade, Lam Research Corp (NASDAQ: LRCX ) which lost 3.71% to settle at 142.35 and McCormick & Company Incorporated (NYSE: MKC ) which was down 3.63% to 95.36 at the close.

The top performers on the NASDAQ Composite were Spherix Incorporated (NASDAQ: SPEX ) which rose 105.24% to 3.9200, CHF Solutions Inc (NASDAQ: CHFS ) which was up 75.61% to settle at 1.080 and NXT-ID Inc (NASDAQ: NXTD ) which gained 71.86% to close at 2.8700.

The worst performers were Inpixon (NASDAQ: INPX ) which was down 46.14% to 0.6840 in late trade, Top Ships Inc (NASDAQ: TOPS ) which lost 27.92% to settle at 0.4250 and Quinpario Acquisition Corp. 2 (NASDAQ: QPAC ) which was down 23.32% to 7.66 at the close.

Declining stocks outnumbered rising ones by 2194 to 954 and 107 ended unchanged; on the Nasdaq Stock Exchange, 1504 fell and 979 advanced, while 150 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 14.56% to 11.49 a new 1-month high.

In commodities trading, Gold Futures for August delivery was down 0.22% or 2.79 to $1246.31 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.29% or 0.13 to hit $44.87 a barrel, while the September Brent oil contract rose 0.06% or 0.03 to trade at $47.57 a barrel.

EUR/USD was up 0.55% to 1.1441, while USD/JPY fell 0.16% to 112.11.

The US Dollar Index Futures was down 0.50% at 95.30.

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