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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.30%

Published 06/21/2023, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.30%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.30%, while the S&P 500 index lost 0.52%, and the NASDAQ Composite index fell 1.21%.

The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 1.57% or 7.37 points to trade at 476.76 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 0.87% or 1.29 points to end at 149.45 and Merck & Company Inc (NYSE:MRK) was up 0.84% or 0.93 points to 111.16 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 6.00% or 2.10 points to trade at 32.90 at the close. Salesforce Inc (NYSE:CRM) declined 3.39% or 7.35 points to end at 209.62 and Walgreens Boots Alliance Inc (NASDAQ:WBA) was down 2.56% or 0.83 points to 31.56.

The top performers on the S&P 500 were Dollar Tree Inc (NASDAQ:DLTR) which rose 4.56% to 142.77, Corteva Inc (NYSE:CTVA) which was up 3.59% to settle at 58.57 and FMC Corporation (NYSE:FMC) which gained 3.41% to close at 108.87.

The worst performers were Intel Corporation (NASDAQ:INTC) which was down 6.00% to 32.90 in late trade, Advanced Micro Devices Inc (NASDAQ:AMD) which lost 5.73% to settle at 112.11 and Tesla Inc (NASDAQ:TSLA) which was down 5.46% to 259.46 at the close.

The top performers on the NASDAQ Composite were Advanced Human Imaging Ltd ADR (NASDAQ:AHI) which rose 101.35% to 1.49, Root Inc (NASDAQ:ROOT) which was up 59.80% to settle at 9.62 and U Power Ltd (NASDAQ:UCAR) which gained 48.49% to close at 8.36.

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The worst performers were Pieris Pharmaceuticals Inc (NASDAQ:PIRS) which was down 70.86% to 0.26 in late trade, Oncorus Inc (OTC:ONCR) which lost 54.21% to settle at 0.06 and Toughbuilt Industries Inc (NASDAQ:TBLT) which was down 53.70% to 0.26 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1499 to 1468 and 90 ended unchanged; on the Nasdaq Stock Exchange, 2084 fell and 1467 advanced, while 137 ended unchanged.

Shares in Pieris Pharmaceuticals Inc (NASDAQ:PIRS) fell to all time lows; falling 70.86% or 0.63 to 0.26. Shares in Oncorus Inc (OTC:ONCR) fell to all time lows; down 54.21% or 0.07 to 0.06. Shares in Toughbuilt Industries Inc (NASDAQ:TBLT) fell to all time lows; losing 53.70% or 0.30 to 0.26.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.90% to 13.20 a new 3-years low.

Gold Futures for August delivery was down 0.18% or 3.45 to $1,944.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.92% or 1.37 to hit $72.56 a barrel, while the August Brent oil contract rose 1.63% or 1.24 to trade at $77.14 a barrel.

EUR/USD was up 0.66% to 1.10, while USD/JPY rose 0.26% to 141.82.

The US Dollar Index Futures was down 0.45% at 101.67.

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