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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.60%

Published 02/11/2016, 04:25 PM
Updated 02/11/2016, 04:26 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.60%

© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.60%

Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the Financials, Industrials and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 1.60% to hit a new 52-week low, while the S&P 500 index declined 1.23%, and the NASDAQ Composite index declined 0.39%.

The best performers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (O:CSCO), which rose 9.64% or 2.17 points to trade at 24.68 at the close. Meanwhile, Walt Disney Company (N:DIS) added 1.64% or 1.46 points to end at 90.31 and Exxon Mobil Corporation (N:XOM) was up 0.32% or 0.25 points to 79.60 in late trade.

The worst performers of the session were Boeing Company (N:BA), which fell 6.81% or 7.92 points to trade at 108.44 at the close. Goldman Sachs Group Inc (N:GS) declined 4.44% or 6.54 points to end at 140.69 and JPMorgan Chase & Co (N:JPM) was down 4.41% or 2.45 points to 53.07.

The top performers on the S&P 500 were TripAdvisor Inc (O:TRIP) which rose 12.36% to 61.07, CenturyLink Inc (N:CTL) which was up 10.98% to settle at 27.29 and CSRA Inc (N:CSRA) which gained 10.83% to close at 24.76.

The worst performers were Mylan Inc (O:MYL) which was down 18.05% to 41.42 in late trade, Internationa Flavors & Fragrances (N:IFF) which lost 12.87% to settle at 100.49 and NRG Energy Inc (N:NRG) which was down 10.42% to 9.59 at the close.

The top performers on the NASDAQ Composite were Globus Maritime Ltd (O:GLBS) which rose 37.50% to 0.1650, The Fresh Market Inc (O:TFM) which was up 22.07% to settle at 22.68 and Ultrapetrol Ltd (O:ULTR) which gained 20.56% to close at 0.0651.

The worst performers were Vapor Corp (O:VPCO) which was down 64.71% to 0.0006 in late trade, RIT Technologies Ltd (O:RITT) which lost 47.07% to settle at 0.588 and Blue Nile Inc (O:NILE) which was down 22.83% to 24.00 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2673 to 723 and 16 ended unchanged; on the Nasdaq Stock Exchange, 1795 fell and 802 advanced, while 45 ended unchanged.

Shares in Internationa Flavors & Fragrances (N:IFF) fell to 52-week lows; losing 12.87% or 14.84 to 100.49. Shares in Boeing Company (N:BA) fell to 52-week lows; losing 6.81% or 7.92 to 108.44. Shares in Goldman Sachs Group Inc (N:GS) fell to 52-week lows; losing 4.44% or 6.54 to 140.69. Shares in JPMorgan Chase & Co (N:JPM) fell to 52-week lows; losing 4.41% or 2.45 to 53.07. Shares in Vapor Corp (O:VPCO) fell to all time lows; down 64.71% or 0.0011 to 0.0006. Shares in RIT Technologies Ltd (O:RITT) fell to all time lows; falling 47.07% or 0.522 to 0.588. Shares in Blue Nile Inc (O:NILE) fell to 3-years lows; falling 22.83% or 7.10 to 24.00.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.92% to 28.11 a new 3-months high.

Gold for April delivery was up 4.32% or 51.60 to $1246.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.66% or 0.46 to hit $27.00 a barrel, while the April Brent oil contract fell 0.16% or 0.05 to trade at $30.79 a barrel.

EUR/USD was up 0.22% to 1.1317, while USD/JPY fell 0.77% to 112.48.

The US Dollar Index was down 0.20% at 95.65.

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