Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.42%

Published 01/07/2020, 05:25 PM
Updated 01/07/2020, 05:25 PM
© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.42%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.42%, while the S&P 500 index declined 0.28%, and the NASDAQ Composite index declined 0.03%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 1.06% or 3.54 points to trade at 337.28 at the close. Meanwhile, Goldman Sachs Group Inc (NYSE:GS) added 0.66% or 1.54 points to end at 235.49 and Johnson & Johnson (NYSE:JNJ) was up 0.61% or 0.88 points to 144.98 in late trade.

The worst performers of the session were Merck & Company Inc (NYSE:MRK), which fell 2.66% or 2.44 points to trade at 89.20 at the close. JPMorgan Chase & Co (NYSE:JPM) declined 1.70% or 2.35 points to end at 135.88 and Intel Corporation (NASDAQ:INTC) was down 1.67% or 1.00 points to 58.93.

The top performers on the S&P 500 were Apache Corporation (NYSE:APA) which rose 26.79% to 32.51, Micron Technology Inc (NASDAQ:MU) which was up 8.78% to settle at 58.27 and Western Digital Corporation (NASDAQ:WDC) which gained 6.77% to close at 67.66.

The worst performers were ConAgra Foods Inc (NYSE:CAG) which was down 3.58% to 32.32 in late trade, Constellation Brands Inc Class A (NYSE:STZ) which lost 3.57% to settle at 183.60 and Alexandria Real Estate Equities Inc (NYSE:ARE) which was down 3.27% to 155.76 at the close.

The top performers on the NASDAQ Composite were Genetic Technologies Ltd (NASDAQ:GENE) which rose 116.83% to 4.510, Cellect Biotechnology Ltd (NASDAQ:APOP) which was up 69.70% to settle at 4.09 and Genprex Inc (NASDAQ:GNPX) which gained 39.07% to close at 0.4200.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were CTI Industries Corporation (NASDAQ:CTIB) which was down 30.00% to 1.82 in late trade, Inpixon (NASDAQ:INPX) which lost 25.78% to settle at 6.8100 and Zion Oil & Gas Inc (NASDAQ:ZN) which was down 25.50% to 0.387 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1582 to 1257 and 78 ended unchanged; on the Nasdaq Stock Exchange, 1441 fell and 1195 advanced, while 85 ended unchanged.

Shares in Micron Technology Inc (NASDAQ:MU) rose to 52-week highs; up 8.78% or 4.71 to 58.27. Shares in Western Digital Corporation (NASDAQ:WDC) rose to 52-week highs; rising 6.77% or 4.29 to 67.66. Shares in Goldman Sachs Group Inc (NYSE:GS) rose to 52-week highs; rising 0.66% or 1.54 to 235.49. Shares in Inpixon (NASDAQ:INPX) fell to 52-week highs; falling 25.78% or 2.3655 to 6.8100.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.43% to 13.79.

Gold Futures for February delivery was up 0.46% or 7.20 to $1576.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.95% or 0.60 to hit $62.67 a barrel, while the March Brent oil contract fell 0.01% or 0.01 to trade at $68.29 a barrel.

EUR/USD was down 0.02% to 1.1149, while USD/JPY rose 0.06% to 108.48.

The US Dollar Index Futures was up 0.32% at 96.662.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.