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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.18%

Published 08/09/2022, 04:25 PM
Updated 08/09/2022, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.18%

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.18%, while the S&P 500 index lost 0.42%, and the NASDAQ Composite index declined 1.19%.

The best performers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which rose 1.84% or 2.94 points to trade at 162.92 at the close. Meanwhile, Chevron Corp (NYSE:CVX) added 1.30% or 2.00 points to end at 155.41 and McDonald’s Corporation (NYSE:MCD) was up 1.27% or 3.26 points to 260.06 in late trade.

The worst performers of the session were Salesforce.com Inc (NYSE:CRM), which fell 3.96% or 7.51 points to trade at 182.24 at the close. Nike Inc (NYSE:NKE) declined 3.41% or 3.89 points to end at 110.11 and Intel Corporation (NASDAQ:INTC) was down 2.43% or 0.86 points to 34.52.

The top performers on the S&P 500 were Nielsen Holdings PLC (NYSE:NLSN) which rose 21.18% to 27.52, Principal Financial Group Inc (NASDAQ:PFG) which was up 7.12% to settle at 73.69 and News Corp B (NASDAQ:NWS) which gained 5.46% to close at 18.54.

The worst performers were Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which was down 10.86% to 12.06 in late trade, Lam Research Corp (NASDAQ:LRCX) which lost 7.88% to settle at 469.40 and Applied Materials Inc (NASDAQ:AMAT) which was down 7.58% to 99.66 at the close.

The top performers on the NASDAQ Composite were Aeroclean Technologies LLC (NASDAQ:AERC) which rose 60.13% to 7.27, BBQ Holdings Inc (NASDAQ:BBQ) which was up 46.46% to settle at 17.18 and Verona Pharma PLC ADR (NASDAQ:VRNA) which gained 44.32% to close at 10.03.

The worst performers were Magic Empire Global Ltd (NASDAQ:MEGL) which was down 89.47% to 12.32 in late trade, CorMedix Inc (NASDAQ:CRMD) which lost 57.45% to settle at 3.20 and Quanterix Corp (NASDAQ:QTRX) which was down 54.76% to 7.46 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1952 to 1152 and 171 ended unchanged; on the Nasdaq Stock Exchange, 2678 fell and 1109 advanced, while 246 ended unchanged.

Shares in Intel Corporation (NASDAQ:INTC) fell to 5-year lows; falling 2.43% or 0.86 to 34.52. Shares in Magic Empire Global Ltd (NASDAQ:MEGL) fell to all time lows; down 89.47% or 104.68 to 12.32. Shares in BBQ Holdings Inc (NASDAQ:BBQ) rose to 52-week highs; up 46.46% or 5.45 to 17.18. Shares in Verona Pharma PLC ADR (NASDAQ:VRNA) rose to 52-week highs; up 44.32% or 3.08 to 10.03. Shares in Quanterix Corp (NASDAQ:QTRX) fell to all time lows; down 54.76% or 9.03 to 7.46.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.25% to 21.77.

Gold Futures for December delivery was up 0.35% or 6.25 to $1,811.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.11% or 0.10 to hit $90.66 a barrel, while the October Brent oil contract fell 0.19% or 0.18 to trade at $96.47 a barrel.

EUR/USD was unchanged 0.19% to 1.02, while USD/JPY rose 0.09% to 135.13.

The US Dollar Index Futures was down 0.14% at 106.17.

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