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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.17%

Published 04/28/2016, 04:25 PM
Updated 04/28/2016, 04:26 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.17%

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

At the close in NYSE, the Dow Jones Industrial Average declined 1.17%, while the S&P 500 index fell 0.92%, and the NASDAQ Composite index declined 1.19%.

The best performers of the session on the Dow Jones Industrial Average were General Electric Company (NYSE:GE), which fell 0.10% or 0.03 points to trade at 30.90 at the close. Meanwhile, Coca-Cola Company (NYSE:KO) fell 0.11% or 0.05 points to end at 44.63 and Procter & Gamble Company (NYSE:PG) was down 0.16% or 0.13 points to 79.76 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 3.08% or 3.01 points to trade at 94.81 at the close. Cisco Systems Inc (NASDAQ:CSCO) declined 2.39% or 0.69 points to end at 27.95 and International Business Machines (NYSE:IBM) was down 2.26% or 3.40 points to 147.07.

The top performers on the S&P 500 were St Jude Medical Inc (NYSE:STJ) which rose 25.55% to 77.79, Facebook Inc (NASDAQ:FB) which was up 7.20% to settle at 116.73 and Hanesbrands Inc (NYSE:HBI) which gained 6.26% to close at 29.53.

The worst performers were Harman International Industries (NYSE:HAR) which was down 13.31% to 77.07 in late trade, Hologic Inc (NASDAQ:HOLX) which lost 10.34% to settle at 33.92 and FirstEnergy Corporation (NYSE:FE) which was down 9.93% to 32.47 at the close.

The top performers on the NASDAQ Composite were Paragon Shipping Inc (NASDAQ:PRGN) which rose 573.34% to 1.7500, Sino-Global Shipping America Ltd (NASDAQ:SINO) which was up 53.13% to settle at 0.9800 and Dehaier Medical Systems Ltd (NASDAQ:DHRM) which gained 43.18% to close at 1.890.

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The worst performers were Silicon Graphics International (NASDAQ:SGI) which was down 34.19% to 4.60 in late trade, Trio Merger Corp (NASDAQ:SAEX) which lost 31.82% to settle at 0.600 and Infinera Corporation (NASDAQ:INFN) which was down 22.93% to 12.00 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2134 to 1192 and 26 ended unchanged; on the Nasdaq Stock Exchange, 1692 fell and 885 advanced, while 51 ended unchanged.

Shares in St Jude Medical Inc (NYSE:STJ) rose to all time highs; up 25.55% or 15.83 to 77.79. Shares in Facebook Inc (NASDAQ:FB) rose to all time highs; rising 7.20% or 7.84 to 116.73. Shares in Infinera Corporation (NASDAQ:INFN) fell to 52-week lows; down 22.93% or 3.57 to 12.00.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 10.46% to 15.21.

Gold for June delivery was up 1.47% or 18.40 to $1268.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.19% or 0.54 to hit $45.87 a barrel, while the July Brent oil contract rose 1.26% or 0.59 to trade at $47.52 a barrel.

EUR/USD was up 0.25% to 1.1351, while USD/JPY fell 2.96% to 108.15.

The US Dollar Index was down 0.67% at 93.75.

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