Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.07%

Published 09/29/2016, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.07%

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

At the close in NYSE, the Dow Jones Industrial Average declined 1.07%, while the S&P 500 index lost 0.93%, and the NASDAQ Composite index declined 0.93%.

The best performers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 0.98% or 0.85 points to trade at 87.44 at the close. Meanwhile, Verizon Communications Inc (NYSE:VZ) added 0.12% or 0.07 points to end at 52.12 and International Business Machines (NYSE:IBM) was down 0.10% or 0.16 points to 158.13 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 2.75% or 4.50 points to trade at 158.95 at the close. Merck & Company Inc (NYSE:MRK) declined 2.20% or 1.39 points to end at 61.91 and Nike Inc (NYSE:NKE) was down 2.03% or 1.08 points to 52.17.

The top performers on the S&P 500 were ConAgra Foods Inc (NYSE:CAG) which rose 7.26% to 46.26, Qualcomm Incorporated (NASDAQ:QCOM) which was up 6.30% to settle at 67.45 and Transocean Ltd (NYSE:RIG) which gained 5.99% to close at 10.62.

The worst performers were Chesapeake Energy Corporation (NYSE:CHK) which was down 9.41% to 6.115 in late trade, Marathon Petroleum Corporation (NYSE:MPC) which lost 6.85% to settle at 39.72 and Endo International PLC (NASDAQ:ENDP) which was down 6.40% to 20.93 at the close.

The top performers on the NASDAQ Composite were Catabasis Pharmaceuticals Inc (NASDAQ:CATB) which rose 39.51% to 6.250, Cosi Inc (NASDAQ:COSI) which was up 32.00% to settle at 0.0726 and Aegerion Pharmaceuticals Inc (NASDAQ:AEGR) which gained 22.89% to close at 3.06.

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

The worst performers were Intracellular Th (NASDAQ:ITCI) which was down 63.59% to 15.42 in late trade, Alcobra Ltd (NASDAQ:ADHD) which lost 45.67% to settle at 2.51 and Marinus Pharma (NASDAQ:MRNS) which was down 26.74% to 2.00 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2451 to 726 and 66 ended unchanged; on the Nasdaq Stock Exchange, 1916 fell and 618 advanced, while 73 ended unchanged.

Shares in Qualcomm Incorporated (NASDAQ:QCOM) rose to 52-week highs; rising 6.30% or 4.00 to 67.45. Shares in Caterpillar Inc (NYSE:CAT) rose to 52-week highs; up 0.98% or 0.85 to 87.44. Shares in Intracellular Th (NASDAQ:ITCI) fell to 52-week lows; down 63.59% or 26.93 to 15.42. Shares in Alcobra Ltd (NASDAQ:ADHD) fell to all time lows; down 45.67% or 2.11 to 2.51.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 14.12% to 14.14.

Gold for December delivery was up 0.02% or 0.25 to $1323.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.47% or 0.69 to hit $47.74 a barrel, while the December Brent oil contract rose 0.93% or 0.46 to trade at $49.70 a barrel.

EUR/USD was up 0.04% to 1.1222, while USD/JPY rose 0.38% to 101.07.

The US Dollar Index was up 0.12% at 95.42.

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.