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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.20%

Published 09/08/2021, 04:25 PM
Updated 09/08/2021, 04:26 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.20%

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.20%, while the S&P 500 index lost 0.13%, and the NASDAQ Composite index fell 0.57%.

The best performers of the session on the Dow Jones Industrial Average were Coca-Cola Co (NYSE:KO), which rose 1.35% or 0.75 points to trade at 56.42 at the close. Meanwhile, Visa Inc Class A (NYSE:V) added 1.25% or 2.82 points to end at 229.09 and 3M Company (NYSE:MMM) was up 1.24% or 2.31 points to 187.89 in late trade.

The worst performers of the session were Dow Inc (NYSE:DOW), which fell 1.91% or 1.18 points to trade at 60.69 at the close. UnitedHealth Group Incorporated (NYSE:UNH) declined 1.39% or 5.85 points to end at 415.39 and Boeing Co (NYSE:BA) was down 1.33% or 2.86 points to 211.38.

The top performers on the S&P 500 were Perrigo Company PLC (NYSE:PRGO) which rose 8.99% to 45.34, Global Payments Inc (NYSE:GPN) which was up 7.19% to settle at 170.02 and General Mills Inc (NYSE:GIS) which gained 4.56% to close at 59.38.

The worst performers were Coty Inc (NYSE:COTY) which was down 10.67% to 8.290 in late trade, PulteGroup Inc (NYSE:PHM) which lost 6.05% to settle at 49.53 and Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which was down 5.47% to 34.37 at the close.

The top performers on the NASDAQ Composite were Effector Therapeutics Inc (NASDAQ:EFTR) which rose 111.93% to 27.190, Helbiz Inc (NASDAQ:HLBZ) which was up 84.02% to settle at 13.01 and Kadmon Holdings LLC (NASDAQ:KDMN) which gained 71.13% to close at 9.070.

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The worst performers were INmune Bio Inc (NASDAQ:INMB) which was down 22.55% to 21.57 in late trade, Alector Inc (NASDAQ:ALEC) which lost 18.97% to settle at 21.65 and Rallybio Corp (NASDAQ:RLYB) which was down 18.83% to 12.80 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2028 to 1195 and 101 ended unchanged; on the Nasdaq Stock Exchange, 2495 fell and 1070 advanced, while 127 ended unchanged.

Shares in Effector Therapeutics Inc (NASDAQ:EFTR) rose to all time highs; up 111.93% or 14.360 to 27.190. Shares in Helbiz Inc (NASDAQ:HLBZ) rose to all time highs; up 84.02% or 5.94 to 13.01. Shares in Kadmon Holdings LLC (NASDAQ:KDMN) rose to 5-year highs; rising 71.13% or 3.770 to 9.070.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.99% to 17.96.

Gold Futures for December delivery was down 0.38% or 6.85 to $1791.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.51% or 1.03 to hit $69.38 a barrel, while the November Brent oil contract rose 1.38% or 0.99 to trade at $72.68 a barrel.

EUR/USD was down 0.18% to 1.1818, while USD/JPY fell 0.01% to 110.26.

The US Dollar Index Futures was up 0.20% at 92.703.

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