U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.81%

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U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.81%
Credit: © Reuters.

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

At the close in NYSE, the Dow Jones Industrial Average lost 1.81% to hit a new 52-week low, while the S&P 500 index declined 2.06%, and the NASDAQ Composite index fell 2.99%.

The biggest gainers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE: NKE ), which rose 7.17% or 4.84 points to trade at 72.37 at the close. McDonald’s Corporation (NYSE: MCD ) added 0.27% or 0.47 points to end at 174.15 and Coca-Cola Company (NYSE: KO ) was up 0.06% or 0.03 points to 47.57 in late trade.

Biggest losers included Goldman Sachs Group Inc (NYSE: GS ), which lost 4.96% or 8.36 points to trade at 160.05 in late trade. American Express Company (NYSE: AXP ) declined 4.64% or 4.44 points to end at 91.33 and Apple Inc (NASDAQ: AAPL ) shed 3.89% or 6.10 points to 150.73.

The top performers on the S&P 500 were Nike Inc (NYSE: NKE ) which rose 7.17% to 72.37, CarMax Inc (NYSE: KMX ) which was up 3.95% to settle at 58.96 and Chesapeake Energy Corporation (NYSE: CHK ) which gained 3.26% to close at 1.900.

The worst performers were Perrigo Co (NYSE: PRGO ) which was down 29.28% to 37.03 in late trade, ConAgra Foods Inc (NYSE: CAG ) which lost 8.77% to settle at 22.15 and Alexion Pharmaceuticals Inc (NASDAQ: ALXN ) which was down 6.51% to 94.63 at the close.

The top performers on the NASDAQ Composite were Micronet Enertec Technologies Inc (NASDAQ: MICT ) which rose 183.83% to 0.860, Obalon Therapeutics Inc (NASDAQ: OBLN ) which was up 61.59% to settle at 2.65 and Smaaash Entertainment Inc (NASDAQ: SMSH ) which gained 45.77% to close at 2.32.

The worst performers were Applied DNA Sciences Inc (NASDAQ: APDN ) which was down 48.60% to 0.360 in late trade, Vascular Biogenics Ltd (NASDAQ: VBLT ) which lost 41.18% to settle at 0.600 and Nova Lifestyle I (NASDAQ: NVFY ) which was down 40.26% to 0.460 at the close.

Declining stocks outnumbered rising ones by 2413 to 680 and 67 ended unchanged; on the Nasdaq Stock Exchange, 2092 fell and 571 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 6.10% to 30.11 a new 6-month high.

In commodities trading, Gold Futures for February delivery was down 0.73% or 9.30 to $1258.60 a troy ounce. Meanwhile, Crude oil for delivery in February fell 1.05% or 0.48 to hit $45.40 a barrel, while the February Brent oil contract fell 1.56% or 0.85 to trade at $53.50 a barrel.

EUR/USD was down 0.75% to 1.1360, while USD/JPY rose 0.03% to 111.31.

The US Dollar Index Futures was up 0.84% at 96.532.

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