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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.11%

Published 12/04/2023, 04:30 PM
Updated 12/04/2023, 04:30 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.11%

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.11%, while the S&P 500 index declined 0.54%, and the NASDAQ Composite index declined 0.84%.

The best performers of the session on the Dow Jones Industrial Average were 3M Company (NYSE:MMM), which rose 3.61% or 3.60 points to trade at 103.45 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 1.56% or 1.61 points to end at 105.07 and Nike Inc (NYSE:NKE) was up 1.46% or 1.66 points to 115.14 in late trade.

The worst performers of the session were Salesforce Inc (NYSE:CRM), which fell 3.59% or 9.33 points to trade at 250.67 at the close. Intel Corporation (NASDAQ:INTC) declined 3.18% or 1.39 points to end at 42.35 and Microsoft Corporation (NASDAQ:MSFT) was down 1.43% or 5.37 points to 369.14.

The top performers on the S&P 500 were Bath & Body Works Inc. (NYSE:BBWI) which rose 8.91% to 36.91, IDEXX Laboratories Inc (NASDAQ:IDXX) which was up 7.05% to settle at 516.61 and Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which gained 6.64% to close at 17.51.

The worst performers were Alaska Air Group Inc (NYSE:ALK) which was down 14.25% to 34.07 in late trade, Albemarle Corp (NYSE:ALB) which lost 4.96% to settle at 119.90 and Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which was down 4.14% to 37.62 at the close.

The top performers on the NASDAQ Composite were Hut 8 Mining Corp (NASDAQ:HUT) which rose 363.00% to 10.51, SilverSun Technologies Inc (NASDAQ:SSNT) which was up 240.33% to settle at 12.49 and Hawaiian Holdings Inc (NASDAQ:HA) which gained 192.59% to close at 14.22.

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The worst performers were U Power Ltd (NASDAQ:UCAR) which was down 55.59% to 0.68 in late trade, Meta Materials Inc (NASDAQ:MMAT) which lost 36.45% to settle at 0.07 and Conduit Pharmaceuticals Inc (NASDAQ:CDT) which was down 34.48% to 3.61 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1470 to 1424 and 66 ended unchanged; on the Nasdaq Stock Exchange, 2083 rose and 1408 declined, while 125 ended unchanged.

Shares in U Power Ltd (NASDAQ:UCAR) fell to all time lows; down 55.59% or 0.86 to 0.68. Shares in SilverSun Technologies Inc (NASDAQ:SSNT) rose to 52-week highs; up 240.33% or 8.82 to 12.49. Shares in Meta Materials Inc (NASDAQ:MMAT) fell to 5-year lows; falling 36.45% or 0.04 to 0.07. Shares in Hawaiian Holdings Inc (NASDAQ:HA) rose to 52-week highs; rising 192.59% or 9.36 to 14.22.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.56% to 13.08.

Gold Futures for February delivery was down 1.96% or 40.90 to $2,048.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.07% or 0.79 to hit $73.28 a barrel, while the February Brent oil contract fell 0.84% or 0.66 to trade at $78.22 a barrel.

EUR/USD was unchanged 0.42% to 1.08, while USD/JPY rose 0.26% to 147.20.

The US Dollar Index Futures was up 0.38% at 103.59.

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