U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.58%

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U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.58%
Credit: © Reuters.

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

At the close in NYSE, the Dow Jones Industrial Average fell 1.58% to hit a new 1-month low, while the S&P 500 index fell 1.31%, and the NASDAQ Composite index lost 0.92%.

The biggest gainers of the session on the Dow Jones Industrial Average were Home Depot Inc (NYSE: HD ), which fell 0.16% or 0.47 points to trade at 302.65 at the close. Caterpillar Inc (NYSE: CAT ) fell 0.35% or 0.74 points to end at 208.71 and Nike Inc (NYSE: NKE ) was down 0.41% or 0.53 points to 128.39 in late trade.

Biggest losers included Chevron Corp (NYSE: CVX ), which lost 3.76% or 4.03 points to trade at 103.04 in late trade. Walgreens Boots Alliance Inc (NASDAQ: WBA ) declined 3.75% or 1.98 points to end at 50.83 and Goldman Sachs Group Inc (NYSE: GS ) shed 3.53% or 12.77 points to 348.73.

The top performers on the S&P 500 were Lennar Corporation (NYSE: LEN ) which rose 3.72% to 98.17, Adobe Systems Incorporated (NASDAQ: ADBE ) which was up 2.58% to settle at 565.59 and ABIOMED Inc (NASDAQ: ABMD ) which gained 1.90% to close at 318.56.

The worst performers were Globe Life Inc (NYSE: GL ) which was down 6.08% to 92.14 in late trade, Baker Hughes Co (NYSE: BKR ) which lost 5.42% to settle at 22.68 and FMC Corporation (NYSE: FMC ) which was down 5.07% to 112.02 at the close.

The top performers on the NASDAQ Composite were Alfi Inc (NASDAQ: ALF ) which rose 30.41% to 8.02, Sykes Enterprises Incorporated (NASDAQ: SYKE ) which was up 29.95% to settle at 53.50 and Geron Corporation (NASDAQ: GERN ) which gained 29.08% to close at 1.820.

The worst performers were Orphazyme (NASDAQ: ORPH ) which was down 49.79% to 7.31 in late trade, Athira Pharma Inc (NASDAQ: ATHA ) which lost 39.36% to settle at 11.06 and Urban One (NASDAQ: UONE ) which was down 27.31% to 9.930 at the close.

Declining stocks outnumbered rising ones by 2491 to 693 and 87 ended unchanged; on the Nasdaq Stock Exchange, 2562 fell and 901 advanced, while 134 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 16.62% to 20.70.

In commodities trading, Gold Futures for August delivery was down 0.65% or 11.55 to $1763.25 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.77% or 0.55 to hit $71.59 a barrel, while the August Brent oil contract rose 0.40% or 0.29 to trade at $73.37 a barrel.

EUR/USD was down 0.37% to 1.1862, while USD/JPY fell 0.00% to 110.19.

The US Dollar Index Futures was up 0.47% at 92.308.

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