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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.12%

Published 11/16/2022, 04:25 PM
Updated 11/16/2022, 04:25 PM
©  Reuters U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.12%

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.12%, while the S&P 500 index fell 0.83%, and the NASDAQ Composite index fell 1.54%.

The best performers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which rose 1.74% or 4.67 points to trade at 272.51 at the close. Meanwhile, UnitedHealth Group Incorporated (NYSE:UNH) added 1.69% or 8.51 points to end at 511.52 and Home Depot Inc (NYSE:HD) was up 0.96% or 2.98 points to 314.91 in late trade.

The worst performers of the session were Salesforce Inc (NYSE:CRM), which fell 4.29% or 6.95 points to trade at 155.12 at the close. Intel Corporation (NASDAQ:INTC) declined 3.84% or 1.18 points to end at 29.53 and Dow Inc (NYSE:DOW) was down 2.11% or 1.09 points to 50.51.

The top performers on the S&P 500 were TJX Companies Inc (NYSE:TJX) which rose 5.19% to 79.02, Campbell Soup Company (NYSE:CPB) which was up 3.89% to settle at 50.71 and W. R. Berkley Corp (NYSE:WRB) which gained 3.81% to close at 71.74.

The worst performers were Advance Auto Parts Inc (NYSE:AAP) which was down 15.23% to 155.92 in late trade, Carnival Corporation (NYSE:CCL) which lost 13.71% to settle at 9.63 and Target Corporation (NYSE:TGT) which was down 13.14% to 155.47 at the close.

The top performers on the NASDAQ Composite were Fast Radius Inc (NASDAQ:FSRD) which rose 106.29% to 0.21, Qurate Retail Inc Series B (NASDAQ:QRTEB) which was up 45.90% to settle at 10.41 and InMed Pharmaceuticals Inc (NASDAQ:INM) which gained 36.33% to close at 3.79.

The worst performers were Dlocal Ltd (NASDAQ:DLO) which was down 50.71% to 10.46 in late trade, Brainsway Ltd (NASDAQ:BWAY) which lost 31.56% to settle at 2.19 and Cuentas Inc (NASDAQ:CUEN) which was down 28.00% to 0.25 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2083 to 1018 and 96 ended unchanged; on the Nasdaq Stock Exchange, 2618 fell and 1151 advanced, while 213 ended unchanged.

Shares in TJX Companies Inc (NYSE:TJX) rose to all time highs; up 5.19% or 3.90 to 79.02. Shares in Advance Auto Parts Inc (NYSE:AAP) fell to 52-week lows; down 15.23% or 28.02 to 155.92. Shares in Dlocal Ltd (NASDAQ:DLO) fell to all time lows; falling 50.71% or 10.76 to 10.46. Shares in Brainsway Ltd (NASDAQ:BWAY) fell to all time lows; falling 31.56% or 1.01 to 2.19. Shares in Cuentas Inc (NASDAQ:CUEN) fell to all time lows; down 28.00% or 0.10 to 0.25.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.75% to 24.11.

Gold Futures for December delivery was up 0.04% or 0.70 to $1,777.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.83% or 1.59 to hit $85.33 a barrel, while the January Brent oil contract fell 1.29% or 1.21 to trade at $92.65 a barrel.

EUR/USD was unchanged 0.43% to 1.04, while USD/JPY rose 0.15% to 139.49.

The US Dollar Index Futures was down 0.12% at 106.17.

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