U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.50%

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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.50%
Credit: © Reuters.

Investing.com – U.S. equities were lower at the close on Friday, as losses in the Financials , Consumer Services and Technology sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.50%, while the S&P 500 index lost 0.29%, and the NASDAQ Composite index lost 0.47%.

The biggest gainers of the session on the Dow Jones Industrial Average were General Electric Company (NYSE: GE ), which rose 2.35% or 0.31 points to trade at 13.49 at the close. Coca-Cola Company (NYSE: KO ) added 1.09% or 0.48 points to end at 44.51 and Exxon Mobil Corporation (NYSE: XOM ) was up 0.80% or 0.62 points to 77.84 in late trade.

Biggest losers included JPMorgan Chase & Co (NYSE: JPM ), which lost 2.71% or 3.07 points to trade at 110.30 in late trade. Boeing Co (NYSE: BA ) declined 2.43% or 8.20 points to end at 329.28 and Intel Corporation (NASDAQ: INTC ) shed 1.63% or 0.86 points to 51.86.

The top performers on the S&P 500 were Alaska Air Group Inc (NYSE: ALK ) which rose 6.11% to 63.95, F5 Networks Inc (NASDAQ: FFIV ) which was up 4.48% to settle at 155.00 and Concho Resources Inc (NYSE: CXO ) which gained 3.21% to close at 151.02.

The worst performers were PNC Financial Services Group Inc (NYSE: PNC ) which was down 4.14% to 145.46 in late trade, Under Armour Inc C (NYSE: UA ) which lost 4.34% to settle at 14.340 and Advance Auto Parts Inc (NYSE: AAP ) which was down 3.58% to 106.61 at the close.

The top performers on the NASDAQ Composite were Future Fintech Group Inc (NASDAQ: FTFT ) which rose 26.90% to 2.5000, Turtle Beach Corp (NASDAQ: HEAR ) which was up 26.54% to settle at 3.910 and Burcon Nutrascience Corp (NASDAQ: BUR ) which gained 18.03% to close at 0.552.

The worst performers were Sphere 3D Corp (NASDAQ: ANY ) which was down 43.55% to 0.621 in late trade, SemiLEDS Corporation (NASDAQ: LEDS ) which lost 29.09% to settle at 3.9000 and Valeritas Holdings Inc (NASDAQ: VLRX ) which was down 22.86% to 1.40 at the close.

Declining stocks outnumbered rising ones by 1723 to 1331 and 142 ended unchanged; on the Nasdaq Stock Exchange, 1547 fell and 975 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 down 5.90% to 17.40.

In commodities trading, Gold Futures for June delivery was up 0.45% or 6.00 to $1347.90 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.31% or 0.21 to hit $67.28 a barrel, while the June Brent oil contract rose 0.61% or 0.44 to trade at $72.46 a barrel.

EUR/USD was up 0.08% to 1.2337, while USD/JPY rose 0.04% to 107.35.

The US Dollar Index Futures was down 0.02% at 89.47.

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