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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.00%

Published 07/21/2015, 04:30 PM
Updated 07/21/2015, 04:31 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.00%

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

At the close in New York, the Dow Jones Industrial Average fell 1.00%, while the S&P 500 index declined 0.43%, and the NASDAQ Composite index fell 0.21%.

The best performers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which rose 1.82% or 1.87 points to trade at 104.48 at the close. Meanwhile, Chevron Corporation (NYSE:CVX) added 1.03% or 0.96 points to end at 93.90 and Microsoft Corporation (NASDAQ:MSFT) was up 0.77% or 0.36 points to 47.28 in late trade.

The worst performers of the session were United Technologies Corporation (NYSE:UTX), which fell 7.03% or 7.77 points to trade at 102.71 at the close. International Business Machines (NYSE:IBM) declined 5.86% or 10.15 points to end at 163.07 and Verizon Communications Inc (NYSE:VZ) was down 2.35% or 1.13 points to 46.97.

The top performers on the S&P 500 were CONSOL Energy Inc (NYSE:CNX) which rose 5.34% to 17.55, Harley-Davidson Inc (NYSE:HOG) which was up 4.97% to settle at 57.67 and Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which gained 4.45% to close at 15.72.

The worst performers were Chesapeake Energy Corporation (NYSE:CHK) which was down 9.54% to 9.29 in late trade, United Technologies Corporation (NYSE:UTX) which lost 7.03% to settle at 102.71 and Tegna Inc (NYSE:TGNA) which was down 6.65% to 30.0500 at the close.

The top performers on the NASDAQ Composite were Xg Technolo (NASDAQ:XGTI) which rose 30.06% to 2.120, Caesars Entertainment Corporation (NASDAQ:CZR) which was up 22.44% to settle at 8.020 and Neogen Corporation (NASDAQ:NEOG) which gained 20.58% to close at 58.41.

The worst performers were Seanergy Maritime Holdings Corp (NASDAQ:SHIP) which was down 23.58% to 0.940 in late trade, CytRx Corporation (NASDAQ:CYTR) which lost 20.00% to settle at 3.040 and United Natural Foods Inc (NASDAQ:UNFI) which was down 16.77% to 52.05 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1924 to 1164 and 2 ended unchanged; on the Nasdaq Stock Exchange, 1625 fell and 1162 advanced, while 10 ended unchanged.

Shares in Chesapeake Energy Corporation (NYSE:CHK) fell to 5-year lows; losing 9.54% or 0.98 to 9.29. Shares in Neogen Corporation (NASDAQ:NEOG) rose to 52-week highs; rising 20.58% or 9.97 to 58.41. Shares in United Natural Foods Inc (NASDAQ:UNFI) fell to 52-week lows; losing 16.77% or 10.49 to 52.05.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.24% to 12.22.

Gold for August delivery was unchanged 0.00% or 0.00 to $1099.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.07% or 0.04 to hit $50.67 a barrel, while the September Brent oil contract fell 0.10% or 0.06 to trade at $56.91 a barrel.

EUR/USD was up 1.11% to 1.0944, while USD/JPY fell 0.33% to 123.87.

The US Dollar Index was down 0.78% at 97.41.

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