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 1.14%

Published 02/23/2016, 04:25 PM
Updated 02/23/2016, 04:29 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.14%

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Basic Materials and Technology sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 1.14%, while the S&P 500 index fell 1.25%, and the NASDAQ Composite index declined 1.47%.

The best performers of the session on the Dow Jones Industrial Average were Home Depot Inc (N:HD), which rose 1.37% or 1.68 points to trade at 124.53 at the close. Meanwhile, Wal-Mart Stores Inc (N:WMT) added 1.30% or 0.85 points to end at 66.48 and Nike Inc (N:NKE) was up 0.07% or 0.04 points to 60.21 in late trade.

The worst performers of the session were Chevron Corporation (N:CVX), which fell 4.40% or 3.91 points to trade at 84.91 at the close. JPMorgan Chase & Co (N:JPM) declined 4.18% or 2.45 points to end at 56.12 and Microsoft Corporation (O:MSFT) was down 2.79% or 1.47 points to 51.18.

The top performers on the S&P 500 were Frontier Communications Corporation (O:FTR) which rose 12.64% to 5.08, Motorola Solutions Inc (N:MSI) which was up 6.05% to settle at 70.78 and Scripps Networks Interactive Inc (N:SNI) which gained 3.96% to close at 58.04.

The worst performers were Cabot Oil & Gas Corporation (N:COG) which was down 10.59% to 19.26 in late trade, Range Resources Corporation (N:RRC) which lost 9.16% to settle at 22.61 and CONSOL Energy Inc (N:CNX) which was down 9.03% to 7.91 at the close.

The top performers on the NASDAQ Composite were Newport Corporation (O:NEWP) which rose 51.33% to 22.76, Second Sight Medical Products (O:EYES) which was up 28.36% to settle at 6.79 and Draftday Fantasy Sports Inc (O:DDAY) which gained 22.23% to close at 0.3899.

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

The worst performers were Ptc Therape (O:PTCT) which was down 61.64% to 10.84 in late trade, Moko Social (O:MOKO) which lost 31.52% to settle at 0.2801 and Professional Diversity Network Inc (O:IPDN) which was down 28.44% to 0.2310 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2205 to 1162 and 31 ended unchanged; on the Nasdaq Stock Exchange, 1766 fell and 812 advanced, while 52 ended unchanged.

Shares in Newport Corporation (O:NEWP) rose to 5-year highs; gaining 51.33% or 7.72 to 22.76. Shares in Ptc Therape (O:PTCT) fell to all time lows; down 61.64% or 17.42 to 10.84.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 7.59% to 20.85.

Gold for April delivery was up 1.34% or 16.20 to $1226.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 4.79% or 1.60 to hit $31.79 a barrel, while the April Brent oil contract fell 3.86% or 1.34 to trade at $33.35 a barrel.

EUR/USD was down 0.14% to 1.1015, while USD/JPY fell 0.73% to 112.10.

The US Dollar Index was up 0.09% at 97.47.

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.