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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.39%

Published 10/31/2022, 04:25 PM
Updated 10/31/2022, 04:25 PM
© Reuters U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.39%

Investing.com – U.S. stocks were lower after the close on Monday, as losses in the Technology, Basic Materials and Utilities sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.39%, while the S&P 500 index lost 0.75%, and the NASDAQ Composite index declined 1.03%.

The best performers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which rose 1.42% or 2.59 points to trade at 184.55 at the close. Meanwhile, Goldman Sachs Group Inc (NYSE:GS) added 0.89% or 3.03 points to end at 344.85 and UnitedHealth Group Incorporated (NYSE:UNH) was up 0.75% or 4.11 points to 555.35 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 2.20% or 0.64 points to trade at 28.43 at the close. Microsoft Corporation (NASDAQ:MSFT) declined 1.59% or 3.74 points to end at 232.13 and Dow Inc (NYSE:DOW) was down 1.58% or 0.75 points to 46.73.

The top performers on the S&P 500 were Wynn Resorts Limited (NASDAQ:WYNN) which rose 9.61% to 63.90, Coterra Energy Inc (NYSE:CTRA) which was up 3.49% to settle at 31.15 and DaVita HealthCare Partners Inc (NYSE:DVA) which gained 3.47% to close at 72.99.

The worst performers were Global Payments Inc (NYSE:GPN) which was down 8.83% to 114.25 in late trade, Newell Brands Inc (NASDAQ:NWL) which lost 8.24% to settle at 13.81 and Meta Platforms Inc (NASDAQ:META) which was down 6.09% to 93.16 at the close.

The top performers on the NASDAQ Composite were Sonnet Biotherapeutics Holdings Inc (NASDAQ:SONN) which rose 66.38% to 1.93, Acorda Therapeutics Inc (NASDAQ:ACOR) which was up 63.36% to settle at 1.07 and Shineco Inc (NASDAQ:SISI) which gained 37.96% to close at 1.09.

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The worst performers were Y mAbs Therapeutics (NASDAQ:YMAB) which was down 59.80% to 3.61 in late trade, Tusimple Holdings Inc (NASDAQ:TSP) which lost 45.64% to settle at 3.43 and Bull Horn Holdings Corp. (NASDAQ:COEP) which was down 45.61% to 6.50 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1604 to 1472 and 118 ended unchanged; on the Nasdaq Stock Exchange, 2004 fell and 1753 advanced, while 165 ended unchanged.

Shares in Newell Brands Inc (NASDAQ:NWL) fell to 52-week lows; down 8.24% or 1.24 to 13.81. Shares in Meta Platforms Inc (NASDAQ:META) fell to 5-year lows; falling 6.09% or 6.04 to 93.16. Shares in UnitedHealth Group Incorporated (NYSE:UNH) rose to all time highs; up 0.75% or 4.11 to 555.35. Shares in Y mAbs Therapeutics (NASDAQ:YMAB) fell to all time lows; down 59.80% or 5.37 to 3.61. Shares in Tusimple Holdings Inc (NASDAQ:TSP) fell to all time lows; down 45.64% or 2.88 to 3.43. Shares in Bull Horn Holdings Corp. (NASDAQ:COEP) fell to all time lows; falling 45.61% or 5.45 to 6.50.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.50% to 25.88.

Gold Futures for December delivery was down 0.53% or 8.65 to $1,636.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.95% or 1.71 to hit $86.19 a barrel, while the January Brent oil contract fell 1.30% or 1.22 to trade at $92.55 a barrel.

EUR/USD was down 0.80% to 0.99, while USD/JPY rose 0.86% to 148.71.

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The US Dollar Index Futures was up 0.77% at 111.45.

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