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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.72%

Published 05/02/2018, 04:25 PM
Updated 05/02/2018, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.72%

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.72%, while the S&P 500 index lost 0.72%, and the NASDAQ Composite index fell 0.42%.

The best performers of the session on the Dow Jones Industrial Average were Apple Inc (NASDAQ:AAPL), which rose 4.42% or 7.47 points to trade at 176.57 at the close. Meanwhile, General Electric Company (NYSE:GE) added 0.93% or 0.13 points to end at 14.18 and Home Depot Inc (NYSE:HD) was up 0.69% or 1.28 points to 185.91 in late trade.

The worst performers of the session were Verizon Communications Inc (NYSE:VZ), which fell 2.19% or 1.07 points to trade at 47.75 at the close. Cisco Systems Inc (NASDAQ:CSCO) declined 2.16% or 0.97 points to end at 43.86 and The Travelers Companies Inc (NYSE:TRV) was down 2.11% or 2.77 points to 128.32.

The top performers on the S&P 500 were Aptiv PLC (NYSE:APTV) which rose 6.51% to 90.03, Devon Energy Corporation (NYSE:DVN) which was up 5.61% to settle at 38.23 and Centene Corporation (NYSE:CNC) which gained 5.03% to close at 114.24.

The worst performers were Unum Group (NYSE:UNM) which was down 16.95% to 39.78 in late trade, Molson Coors Brewing Company (NYSE:TAP) which lost 15.40% to settle at 60.64 and Xerox Corp (NYSE:XRX) which was down 9.01% to 29.38 at the close.

The top performers on the NASDAQ Composite were Integrated Media Technology Ltd (NASDAQ:IMTE) which rose 1000.00% to 21.95, Boxlight Corp Class A (NASDAQ:BOXL) which was up 95.09% to settle at 7.42 and InVivo Therapeutics Holdings Corp (NASDAQ:NVIV) which gained 70.76% to close at 13.49.

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The worst performers were Heat Biologics Inc (NASDAQ:HTBX) which was down 40.53% to 2.480 in late trade, Esperion Th (NASDAQ:ESPR) which lost 35.11% to settle at 45.75 and Concordia International Corp (NASDAQ:CXRX) which was down 30.62% to 0.32 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1573 to 1456 and 157 ended unchanged; on the Nasdaq Stock Exchange, 1363 rose and 1131 declined, while 164 ended unchanged.

Shares in Unum Group (NYSE:UNM) fell to 52-week lows; losing 16.95% or 8.12 to 39.78. Shares in Molson Coors Brewing Company (NYSE:TAP) fell to 3-years lows; down 15.40% or 11.04 to 60.64. Shares in Centene Corporation (NYSE:CNC) rose to all time highs; gaining 5.03% or 5.47 to 114.24. Shares in Integrated Media Technology Ltd (NASDAQ:IMTE) rose to all time highs; gaining 1000.00% or 20.19 to 21.95. Shares in Concordia International Corp (NASDAQ:CXRX) fell to all time lows; losing 30.62% or 0.14 to 0.32.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.39% to 15.86.

Gold Futures for June delivery was down 0.08% or 1.00 to $1305.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.71% or 0.48 to hit $67.73 a barrel, while the July Brent oil contract fell 0.01% or 0.01 to trade at $73.12 a barrel.

EUR/USD was down 0.42% to 1.1943, while USD/JPY rose 0.05% to 109.92.

The US Dollar Index Futures was up 0.37% at 92.62.

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