U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.99%

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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.99%
Credit: © Reuters.

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.99% to hit a new 3-month low, while the S&P 500 index fell 0.66%, and the NASDAQ Composite index declined 1.63%.

The biggest gainers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE: VZ ), which rose 1.75% or 0.97 points to trade at 56.48 at the close. Merck & Company Inc (NYSE: MRK ) added 1.49% or 1.05 points to end at 71.45 and Pfizer Inc (NYSE: PFE ) was up 1.48% or 0.63 points to 43.23 in late trade.

Biggest losers included Boeing Co (NYSE: BA ), which lost 6.59% or 23.68 points to trade at 335.59 in late trade. International Business Machines (NYSE: IBM ) declined 4.13% or 5.15 points to end at 119.64 and Microsoft Corporation (NASDAQ: MSFT ) shed 2.91% or 3.11 points to 103.85.

The top performers on the S&P 500 were Red Hat Inc (NYSE: RHT ) which rose 45.38% to 169.63, Signet Jewelers Ltd (NYSE: SIG ) which was up 6.95% to settle at 54.60 and Cerner Corporation (NASDAQ: CERN ) which gained 5.13% to close at 58.40.

The worst performers were L3 Technologies Inc (NYSE: LLL ) which was down 8.83% to 186.22 in late trade, Harris Corporation (NYSE: HRS ) which lost 8.80% to settle at 146.69 and Vulcan Materials Company (NYSE: VMC ) which was down 4.72% to 84.20 at the close.

The top performers on the NASDAQ Composite were Electrameccanica Vehicles Corp (NASDAQ: SOLO ) which rose 108.72% to 4.5500, Dolphin Entertainment Inc (NASDAQ: DLPN ) which was up 12.43% to settle at 1.99 and LogicBio Therapeutics Inc (NASDAQ: LOGC ) which gained 25.06% to close at 10.73.

The worst performers were RumbleON Inc (NASDAQ: RMBL ) which was down 26.28% to 5.05 in late trade, ReShape Lifesciences Inc (NASDAQ: RSLS ) which lost 25.38% to settle at 0.0194 and Avinger Inc (NASDAQ: AVGR ) which was down 24.36% to 0.59 at the close.

Declining stocks outnumbered rising ones by 1822 to 1246 and 77 ended unchanged; on the Nasdaq Stock Exchange, 1551 fell and 1107 advanced, while 66 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 2.24% to 24.70.

In commodities trading, Gold Futures for December delivery was down 0.12% or 1.50 to $1231.00 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.15% or 0.78 to hit $66.81 a barrel, while the January Brent oil contract fell 0.84% or 0.65 to trade at $76.97 a barrel.

EUR/USD was down 0.16% to 1.1384, while USD/JPY rose 0.38% to 112.32.

The US Dollar Index Futures was up 0.26% at 96.38.

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