Get 40% Off
☕ Buy the dip? After losing 17%, Starbucks sees an estimated 20% upside. See the top Undervalued stocks!Unlock list

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.93%

Published 08/10/2017, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.93%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.93%, while the S&P 500 index declined 1.45%, and the NASDAQ Composite index declined 2.13%.

The best performers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which rose 1.10% or 1.70 points to trade at 156.62 at the close. Meanwhile, Coca-Cola Company (NYSE:KO) added 0.33% or 0.15 points to end at 45.74 and International Business Machines (NYSE:IBM) was up 0.05% or 0.07 points to 141.84 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 3.22% or 5.16 points to trade at 155.27 at the close. Goldman Sachs Group Inc (NYSE:GS) declined 2.39% or 5.51 points to end at 225.50 and Cisco Systems Inc (NASDAQ:CSCO) was down 1.96% or 0.62 points to 31.00.

The top performers on the S&P 500 were Perrigo Co (NYSE:PRGO) which rose 15.78% to 76.84, Darden Restaurants Inc (NYSE:DRI) which was up 1.54% to settle at 82.53 and FirstEnergy Corporation (NYSE:FE) which gained 1.36% to close at 32.04.

The worst performers were Macy’s Inc (NYSE:M) which was down 10.25% to 20.67 in late trade, Signet Jewelers Ltd (NYSE:SIG) which lost 7.63% to settle at 55.65 and Incyte Corporation (NASDAQ:INCY) which was down 6.12% to 122.12 at the close.

The top performers on the NASDAQ Composite were Cyanotech Corporation (NASDAQ:CYAN) which rose 32.35% to 4.50, Adomani Inc (NASDAQ:ADOM) which was up 27.93% to settle at 10.49 and MYnd Analytics Inc (NASDAQ:MYND) which gained 25.00% to close at 4.25.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Forterra Inc (NASDAQ:FRTA) which was down 57.56% to 3.51 in late trade, Synacor Inc (NASDAQ:SYNC) which lost 32.39% to settle at 2.400 and InVivo Therapeutics Holdings (NASDAQ:NVIV) which was down 30.00% to 1.23 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2671 to 492 and 83 ended unchanged; on the Nasdaq Stock Exchange, 1990 fell and 530 advanced, while 107 ended unchanged.

Shares in Macy’s Inc (NYSE:M) fell to 5-year lows; falling 10.25% or 2.36 to 20.67. Shares in International Business Machines (NYSE:IBM) rose to 52-week lows; gaining 0.05% or 0.07 to 141.84. Shares in Forterra Inc (NASDAQ:FRTA) fell to all time lows; losing 57.56% or 4.76 to 3.51. Shares in Synacor Inc (NASDAQ:SYNC) fell to 52-week lows; falling 32.39% or 1.150 to 2.400. Shares in InVivo Therapeutics Holdings (NASDAQ:NVIV) fell to all time lows; falling 30.00% or 0.53 to 1.23.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 41.67% to 15.74 a new 1-month high.

Gold Futures for December delivery was up 0.92% or 11.80 to $1291.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 2.24% or 1.11 to hit $48.45 a barrel, while the October Brent oil contract fell 1.75% or 0.92 to trade at $51.78 a barrel.

EUR/USD was up 0.17% to 1.1778, while USD/JPY fell 0.77% to 109.22.

The US Dollar Index Futures was down 0.16% at 93.26.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.