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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.02%

Published 11/17/2022, 04:25 PM
Updated 11/17/2022, 04:25 PM
©  Reuters U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.02%

Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the Utilities, Consumer Services and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.02%, while the S&P 500 index declined 0.31%, and the NASDAQ Composite index fell 0.35%.

The best performers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ:CSCO), which rose 4.96% or 2.20 points to trade at 46.59 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 2.38% or 2.38 points to end at 102.31 and Apple Inc (NASDAQ:AAPL) was up 1.30% or 1.93 points to 150.72 in late trade.

The worst performers of the session were Salesforce Inc (NYSE:CRM), which fell 3.50% or 5.43 points to trade at 149.69 at the close. Walt Disney Company (NYSE:DIS) declined 2.66% or 2.50 points to end at 91.45 and American Express Company (NYSE:AXP) was down 1.27% or 1.93 points to 150.64.

The top performers on the S&P 500 were Bath & Body Works Inc. (NYSE:BBWI) which rose 25.18% to 38.97, Gap Inc (NYSE:GPS) which was up 5.56% to settle at 12.71 and Qorvo Inc (NASDAQ:QRVO) which gained 5.25% to close at 97.70.

The worst performers were West Pharmaceutical Services Inc (NYSE:WST) which was down 7.59% to 221.88 in late trade, Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which lost 6.59% to settle at 16.43 and Paycom Soft (NYSE:PAYC) which was down 5.83% to 318.01 at the close.

The top performers on the NASDAQ Composite were Ardelyx Inc (NASDAQ:ARDX) which rose 40.98% to 1.72, CytomX Therapeutics Inc (NASDAQ:CTMX) which was up 32.23% to settle at 1.60 and Cuentas Inc (NASDAQ:CUEN) which gained 28.00% to close at 0.32.

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The worst performers were Inotiv Inc (NASDAQ:NOTV) which was down 56.97% to 6.82 in late trade, Golden Sun Education Group Ltd (NASDAQ:GSUN) which lost 46.28% to settle at 2.31 and Singularity Future Technology Ltd (NASDAQ:SGLY) which was down 45.93% to 1.13 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1985 to 1113 and 111 ended unchanged; on the Nasdaq Stock Exchange, 2276 fell and 1473 advanced, while 247 ended unchanged.

Shares in Merck & Company Inc (NYSE:MRK) rose to all time highs; rising 2.38% or 2.38 to 102.31. Shares in Ardelyx Inc (NASDAQ:ARDX) rose to 52-week highs; gaining 40.98% or 0.50 to 1.72. Shares in Inotiv Inc (NASDAQ:NOTV) fell to 52-week lows; falling 56.97% or 9.03 to 6.82. Shares in Golden Sun Education Group Ltd (NASDAQ:GSUN) fell to all time lows; falling 46.28% or 1.99 to 2.31. Shares in Singularity Future Technology Ltd (NASDAQ:SGLY) fell to 3-years lows; losing 45.93% or 0.96 to 1.13.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.75% to 23.93.

Gold Futures for December delivery was down 0.70% or 12.50 to $1,763.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 4.25% or 3.64 to hit $81.95 a barrel, while the January Brent oil contract fell 3.09% or 2.87 to trade at $89.99 a barrel.

EUR/USD was unchanged 0.23% to 1.04, while USD/JPY rose 0.46% to 140.18.

The US Dollar Index Futures was up 0.37% at 106.55.

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