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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.25%

Published 05/06/2019, 05:25 PM
Updated 05/06/2019, 05:26 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.25%

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.25%, while the S&P 500 index declined 0.45%, and the NASDAQ Composite index declined 0.50%.

The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 3.69% or 8.55 points to trade at 240.50 at the close. Meanwhile, Chevron Corp (NYSE:CVX) added 0.96% or 1.13 points to end at 118.40 and McDonald’s Corporation (NYSE:MCD) was up 0.70% or 1.38 points to 198.90 in late trade.

The worst performers of the session were Nike Inc (NYSE:NKE), which fell 2.49% or 2.13 points to trade at 83.57 at the close. Caterpillar Inc (NYSE:CAT) declined 1.65% or 2.30 points to end at 136.76 and Apple Inc (NASDAQ:AAPL) was down 1.54% or 3.27 points to 208.48.

The top performers on the S&P 500 were Centene Corp (NYSE:CNC) which rose 6.56% to 56.04, Coty Inc (NYSE:COTY) which was up 5.75% to settle at 12.14 and Cigna Corp (NYSE:CI) which gained 3.91% to close at 158.80.

The worst performers were Affiliated Managers Group Inc (NYSE:AMG) which was down 11.60% to 97.96 in late trade, IPG Photonics Corporation (NASDAQ:IPGP) which lost 5.82% to settle at 161.51 and Stanley Black & Decker Inc (NYSE:SWK) which was down 4.36% to 146.40 at the close.

The top performers on the NASDAQ Composite were Aemetis Inc (NASDAQ:AMTX) which rose 48.28% to 1.2900, Sinclair Broadcast Group Inc (NASDAQ:SBGI) which was up 34.55% to settle at 60.48 and Athenex Inc (NASDAQ:ATNX) which gained 28.36% to close at 12.99.

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The worst performers were Freds Inc (NASDAQ:FRED) which was down 53.62% to 0.64 in late trade, Evine Live Inc (NASDAQ:EVLV) which lost 14.61% to settle at 0.520 and Tremont Mortgage Trust (NASDAQ:TRMT) which was down 11.78% to 8.84 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1710 to 1234 and 141 ended unchanged; on the Nasdaq Stock Exchange, 1447 fell and 1201 advanced, while 90 ended unchanged.

Shares in McDonald’s Corporation (NYSE:MCD) rose to all time highs; up 0.70% or 1.38 to 198.90. Shares in Freds Inc (NASDAQ:FRED) fell to all time lows; losing 53.62% or 0.74 to 0.64. Shares in Sinclair Broadcast Group Inc (NASDAQ:SBGI) rose to all time highs; gaining 34.55% or 15.53 to 60.48.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 19.97% to 15.44 a new 1-month high.

Gold Futures for June delivery was up 0.07% or 0.95 to $1282.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.94% or 0.58 to hit $62.52 a barrel, while the July Brent oil contract fell 0.64% or 0.46 to trade at $70.90 a barrel.

EUR/USD was up 0.04% to 1.1201, while USD/JPY fell 0.09% to 110.66.

The US Dollar Index Futures was up 0.03% at 97.292.

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