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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.78%

Published 06/29/2017, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.78%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.78%, while the S&P 500 index declined 0.86%, and the NASDAQ Composite index fell 1.44%.

The best performers of the session on the Dow Jones Industrial Average were JPMorgan Chase & Co (NYSE:JPM), which rose 1.48% or 1.33 points to trade at 91.15 at the close. Meanwhile, Goldman Sachs Group Inc (NYSE:GS) added 0.53% or 1.19 points to end at 224.41 and Chevron Corporation (NYSE:CVX) was down 0.15% or 0.16 points to 104.12 in late trade.

The worst performers of the session were Cisco Systems Inc (NASDAQ:CSCO), which fell 2.09% or 0.67 points to trade at 31.41 at the close. Intel Corporation (NASDAQ:INTC) declined 1.93% or 0.66 points to end at 33.54 and Visa Inc (NYSE:V) was down 1.88% or 1.81 points to 94.42.

The top performers on the S&P 500 were Acuity Brands Inc (NYSE:AYI) which rose 10.45% to 198.52, Southwestern Energy Company (NYSE:SWN) which was up 6.00% to settle at 6.18 and Constellation Brands Inc (NYSE:STZ) which gained 4.96% to close at 192.79.

The worst performers were Incyte Corporation (NASDAQ:INCY) which was down 4.13% to 128.78 in late trade, Lam Research Corp (NASDAQ:LRCX) which lost 3.71% to settle at 142.35 and McCormick & Company Incorporated (NYSE:MKC) which was down 3.63% to 95.36 at the close.

The top performers on the NASDAQ Composite were Spherix Incorporated (NASDAQ:SPEX) which rose 105.24% to 3.9200, CHF Solutions Inc (NASDAQ:CHFS) which was up 75.61% to settle at 1.080 and NXT-ID Inc (NASDAQ:NXTD) which gained 71.86% to close at 2.8700.

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The worst performers were Inpixon (NASDAQ:INPX) which was down 46.14% to 0.6840 in late trade, Top Ships Inc (NASDAQ:TOPS) which lost 27.92% to settle at 0.4250 and Quinpario Acquisition Corp. 2 (NASDAQ:QPAC) which was down 23.32% to 7.66 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2194 to 954 and 107 ended unchanged; on the Nasdaq Stock Exchange, 1504 fell and 979 advanced, while 150 ended unchanged.

Shares in Constellation Brands Inc (NYSE:STZ) rose to all time highs; up 4.96% or 9.11 to 192.79. Shares in Spherix Incorporated (NASDAQ:SPEX) rose to 52-week highs; rising 105.24% or 2.0100 to 3.9200. Shares in Inpixon (NASDAQ:INPX) fell to 3-years lows; falling 46.14% or 0.5860 to 0.6840. Shares in Top Ships Inc (NASDAQ:TOPS) fell to 52-week lows; losing 27.92% or 0.1646 to 0.4250.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 14.56% to 11.49 a new 1-month high.

Gold Futures for August delivery was down 0.22% or 2.79 to $1246.31 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.29% or 0.13 to hit $44.87 a barrel, while the September Brent oil contract rose 0.04% or 0.02 to trade at $47.56 a barrel.

EUR/USD was up 0.55% to 1.1441, while USD/JPY fell 0.16% to 112.11.

The US Dollar Index Futures was down 0.50% at 95.30.

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