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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.29%

Published 12/30/2016, 04:25 PM
Updated 12/30/2016, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.29%

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.29%, while the S&P 500 index fell 0.46%, and the NASDAQ Composite index lost 0.90%.

The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 0.53% or 1.27 points to trade at 239.45 at the close. Meanwhile, JPMorgan Chase & Co (NYSE:JPM) added 0.47% or 0.40 points to end at 86.29 and American Express Company (NYSE:AXP) was up 0.22% or 0.16 points to 74.08 in late trade.

The worst performers of the session were Microsoft Corporation (NASDAQ:MSFT), which fell 1.17% or 0.73 points to trade at 62.16 at the close. Intel Corporation (NASDAQ:INTC) declined 0.98% or 0.36 points to end at 36.30 and McDonald’s Corporation (NYSE:MCD) was down 0.87% or 1.07 points to 121.72.

The top performers on the S&P 500 were Endo International PLC (NASDAQ:ENDP) which rose 5.04% to 16.47, Cabot Oil & Gas Corporation (NYSE:COG) which was up 2.73% to settle at 23.36 and SL Green Realty Corporation (NYSE:SLG) which gained 2.33% to close at 107.55.

The worst performers were NVIDIA Corporation (NASDAQ:NVDA) which was down 4.21% to 106.74 in late trade, Newmont Mining Corporation (NYSE:NEM) which lost 3.40% to settle at 34.07 and Skyworks Solutions Inc (NASDAQ:SWKS) which was down 2.48% to 74.66 at the close.

The top performers on the NASDAQ Composite were ImmunoGen Inc (NASDAQ:IMGN) which rose 29.11% to 2.04, Rubicon Technology Inc (NASDAQ:RBCN) which was up 24.74% to settle at 0.6000 and Synthesis Energy Systems Inc (NASDAQ:SYMX) which gained 23.44% to close at 1.0000.

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The worst performers were Innocoll AG (NASDAQ:INNL) which was down 61.02% to 0.69 in late trade, Interpace Diagnostics Group Inc (NASDAQ:IDXG) which lost 20.00% to settle at 4.4000 and Opko Health Inc (NASDAQ:OPK) which was down 18.85% to 9.30 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1771 to 1459 and 38 ended unchanged; on the Nasdaq Stock Exchange, 1527 fell and 997 advanced, while 110 ended unchanged.

Shares in Innocoll AG (NASDAQ:INNL) fell to all time lows; down 61.02% or 1.08 to 0.69.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 5.09% to 14.05.

Gold for February delivery was down 0.58% or 6.70 to $1151.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.13% or 0.07 to hit $53.84 a barrel, while the March Brent oil contract fell 0.19% or 0.11 to trade at $56.74 a barrel.

EUR/USD was up 0.31% to 1.0520, while USD/JPY rose 0.35% to 116.97.

The US Dollar Index was down 0.24% at 102.41.

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