U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.72%
Investing.com – U.S. equities were lower at the close on Wednesday, as losses in the Oil & Gas , Industrials and Financials sectors propelled shares lower.
At the close in NYSE, the Dow Jones Industrial Average lost 2.72%, while the S&P 500 index fell 2.59%, and the NASDAQ Composite index fell 2.19%.
The biggest gainers of the session on the Dow Jones Industrial Average were Walmart Inc (NYSE: WMT ), which fell 0.64% or 0.77 points to trade at 120.30 at the close. Procter & Gamble Company (NYSE: PG ) fell 1.11% or 1.31 points to end at 116.42 and McDonald’s Corporation (NYSE: MCD ) was down 1.25% or 2.33 points to 184.29 in late trade.
Biggest losers included Dow Inc (NYSE: DOW ), which lost 7.01% or 2.90 points to trade at 38.45 in late trade. Boeing Co (NYSE: BA ) declined 5.96% or 11.19 points to end at 176.69 and Exxon Mobil Corp (NYSE: XOM ) shed 4.71% or 2.20 points to 44.50.
The top performers on the S&P 500 were Kroger Company (NYSE: KR ) which rose 2.24% to 32.82, Tractor Supply Company (NASDAQ: TSCO ) which was up 1.61% to settle at 131.34 and CH Robinson Worldwide Inc (NASDAQ: CHRW ) which gained 1.59% to close at 78.54.
The worst performers were Norwegian Cruise Line Holdings Ltd (NYSE: NCLH ) which was down 12.37% to 15.80 in late trade, Royal Caribbean Cruises Ltd (NYSE: RCL ) which lost 11.26% to settle at 48.24 and Carnival Corporation (NYSE: CCL ) which was down 11.11% to 16.00 at the close.
The top performers on the NASDAQ Composite were Wins Finance Holdings Inc (NASDAQ: WINS ) which rose 118.72% to 43.00, Professional Diversity Network Inc (NASDAQ: IPDN ) which was up 67.03% to settle at 1.5200 and The9 Ltd ADR (NASDAQ: NCTY ) which gained 58.98% to close at 0.983.
The worst performers were Castor Maritime Inc (NASDAQ: CTRM ) which was down 32.30% to 0.426 in late trade, Avinger Inc (NASDAQ: AVGR ) which lost 25.67% to settle at 0.290 and Biosig Technologies Inc (NASDAQ: BSGM ) which was down 21.94% to 7.58 at the close.
Declining stocks outnumbered rising ones by 2562 to 318 and 56 ended unchanged; on the Nasdaq Stock Exchange, 2256 fell and 474 advanced, while 30 ended unchanged on the New York Stock Exchange.
The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 7.87% to 33.84.
In commodities trading, Gold Futures for August delivery was down 0.56% or 10.00 to $1772.00 a troy ounce. Meanwhile, Crude oil for delivery in August fell 5.72% or 2.31 to hit $38.06 a barrel, while the August Brent oil contract fell 0.07% or 0.03 to trade at $40.31 a barrel.
EUR/USD was up 0.04% to 1.1255, while USD/JPY rose 0.02% to 107.05.
The US Dollar Index Futures was up 0.61% at 97.198.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.
Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb
Drop an image here or