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U.S. stocks lower at close of trade

Published 03/03/2015, 04:30 PM
Updated 03/03/2015, 04:30 PM
© Reuters.  U.S. stocks lower at close of trade

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Health Care, Technology and Industrials sectors led shares lower.

At the close in New York, the Dow Jones Industrial Average fell 0.47%, while the S&P 500 index lost 0.45%, and the NASDAQ Composite index declined 0.56%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Company (NYSE:BA), which rose 1.15% or 1.77 points to trade at 155.57 at the close. Meanwhile, Walt Disney Company (NYSE:DIS) added 0.43% or 0.46 points to end at 106.35 and International Business Machines (NYSE:IBM) was up 0.34% or 0.55 points to 161.03 in late trade.

The worst performers of the session were Cisco Systems Inc (NASDAQ:CSCO), which fell 2.15% or 0.65 points to trade at 29.54 at the close. Microsoft Corporation (NASDAQ:MSFT) declined 1.37% or 0.60 points to end at 43.28 and UnitedHealth Group Incorporated (NYSE:UNH) was down 1.35% or 1.54 points to 112.86.

The top performers on the S&P 500 were Discovery Communications C Inc (NASDAQ:DISCK) which rose 4.70% to 32.54, Discovery Communications Inc (NASDAQ:DISCA) which was up 4.12% to settle at 33.99 and Denbury Resources Inc (NYSE:DNR) which gained 3.37% to close at 8.58.

The worst performers were Micron Technology Inc (NASDAQ:MU) which was down 5.03% to 29.67 in late trade, Seagate Technology (NASDAQ:STX) which lost 4.45% to settle at 58.82 and Applied Materials Inc (NASDAQ:AMAT) which was down 4.45% to 24.49 at the close.

The top performers on the NASDAQ Composite were Metabolix Inc (NASDAQ:MBLX) which rose 56.72% to 1.05, Orexigen Therapeutics Inc (NASDAQ:OREX) which was up 32.12% to settle at 7.650 and Ceres Inc (NASDAQ:CERE) which gained 30.43% to close at 0.450.

The worst performers were Corporte Re (NASDAQ:CRRS) which was down 35.13% to 0.10 in late trade, Electro Rent Corporation (NASDAQ:ELRC) which lost 19.98% to settle at 10.41 and Primoris Services Corporation (NASDAQ:PRIM) which was down 18.35% to 17.22 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1851 to 968; on the Nasdaq Stock Exchange, 1817 fell and 980 advanced, while 1 ended unchanged.

Shares in Walt Disney Company (NYSE:DIS) rose to all time highs; rising 0.43% or 0.46 to 106.35. Shares in Orexigen Therapeutics Inc (NASDAQ:OREX) rose to 52-week highs; rising 32.12% or 1.860 to 7.650. Shares in Electro Rent Corporation (NASDAQ:ELRC) fell to 3-year lows; falling 19.98% or 2.60 to 10.41. Shares in Primoris Services Corporation (NASDAQ:PRIM) fell to 52-week lows; losing 18.35% or 3.87 to 17.22.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.37% to 13.87.

Gold for April delivery was down 0.40% or 4.80 to $1203.40 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April rose 1.38% or 0.69 to hit $50.27 a barrel, while the April Brent Oil contract rose 2.42% or 1.44 to trade at $60.98 a barrel.

EUR/USD was down 0.08% to 1.1175, while USD/JPY fell 0.34% to 119.74.

The US Dollar Index was down 0.07% at 95.45.

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