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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.58%

Published 11/01/2016, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.58%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.58% to hit a new 1-month low, while the S&P 500 index lost 0.68%, and the NASDAQ Composite index declined 0.69%.

The best performers of the session on the Dow Jones Industrial Average were Chevron Corporation (NYSE:CVX), which rose 1.60% or 1.68 points to trade at 106.43 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 0.99% or 0.58 points to end at 59.30 and Exxon Mobil Corporation (NYSE:XOM) was up 0.40% or 0.33 points to 83.65 in late trade.

The worst performers of the session were Pfizer Inc (NYSE:PFE), which fell 2.05% or 0.65 points to trade at 31.06 at the close. Apple Inc (NASDAQ:AAPL) declined 1.82% or 2.07 points to end at 111.47 and The Travelers Companies Inc (NYSE:TRV) was down 1.77% or 1.92 points to 106.26.

The top performers on the S&P 500 were Alcoa Inc (NYSE:AA) which rose 7.33% to 22.98, Archer-Daniels-Midland Company (NYSE:ADM) which was up 7.23% to settle at 46.72 and Martin Marietta Materials Inc (NYSE:MLM) which gained 4.12% to close at 193.01.

The worst performers were Pitney Bowes Inc (NYSE:PBI) which was down 18.50% to 14.54 in late trade, L Brands Inc (NYSE:LB) which lost 7.94% to settle at 66.46 and Southwestern Energy Company (NYSE:SWN) which was down 6.64% to 9.70 at the close.

The top performers on the NASDAQ Composite were Skyline Medical Inc (NASDAQ:SKLN) which rose 66.24% to 2.6100, Signal Genetics (NASDAQ:SGNL) which was up 41.43% to settle at 0.4950 and Oculus Innovative Sciences Inc (NASDAQ:OCLS) which gained 26.00% to close at 5.040.

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The worst performers were Neovasc Inc (NASDAQ:NVCN) which was down 37.86% to 0.640 in late trade, Rewalk Robotics Ltd (NASDAQ:RWLK) which lost 19.23% to settle at 2.62 and Lombard Medical Inc (NASDAQ:EVAR) which was down 16.47% to 0.7100 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2379 to 775 and 76 ended unchanged; on the Nasdaq Stock Exchange, 1691 fell and 759 advanced, while 140 ended unchanged.

Shares in Pitney Bowes Inc (NYSE:PBI) fell to 3-years lows; falling 18.50% or 3.30 to 14.54. Shares in Archer-Daniels-Midland Company (NYSE:ADM) rose to 52-week highs; up 7.23% or 3.15 to 46.72. Shares in Rewalk Robotics Ltd (NASDAQ:RWLK) fell to all time lows; falling 19.23% or 0.62 to 2.62. Shares in Oculus Innovative Sciences Inc (NASDAQ:OCLS) rose to 52-week highs; up 26.00% or 1.040 to 5.040.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 7.50% to 18.34 a new 3-months high.

Gold for December delivery was up 1.29% or 16.45 to $1289.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.13% or 0.06 to hit $46.80 a barrel, while the January Brent oil contract fell 0.58% or 0.28 to trade at $48.33 a barrel.

EUR/USD was up 0.67% to 1.1054, while USD/JPY fell 0.71% to 104.09.

The US Dollar Index was down 0.56% at 97.77.

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