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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.77%

Published 01/30/2023, 04:25 PM
Updated 01/30/2023, 04:25 PM
© Reuters U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.77%

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.77%, while the S&P 500 index lost 1.30%, and the NASDAQ Composite index lost 1.96%.

The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 1.08% or 3.82 points to trade at 357.52 at the close. Meanwhile, Verizon Communications Inc (NYSE:VZ) added 1.03% or 0.42 points to end at 41.06 and International Business Machines (NYSE:IBM) was up 0.71% or 0.96 points to 135.35 in late trade.

The worst performers of the session were Johnson & Johnson (NYSE:JNJ), which fell 3.70% or 6.23 points to trade at 162.00 at the close. Chevron Corp (NYSE:CVX) declined 2.93% or 5.25 points to end at 174.20 and 3M Company (NYSE:MMM) was down 2.32% or 2.67 points to 112.58.

The top performers on the S&P 500 were Cincinnati Financial Corporation (NASDAQ:CINF) which rose 5.77% to 111.52, AutoZone Inc (NYSE:AZO) which was up 2.60% to settle at 2,430.93 and O’Reilly Automotive Inc (NASDAQ:ORLY) which gained 2.39% to close at 789.63.

The worst performers were Tesla Inc (NASDAQ:TSLA) which was down 6.32% to 166.66 in late trade, NVIDIA Corporation (NASDAQ:NVDA) which lost 5.91% to settle at 191.62 and Moderna Inc (NASDAQ:MRNA) which was down 4.48% to 180.87 at the close.

The top performers on the NASDAQ Composite were Heart Test Laboratories Inc Unit (NASDAQ:HSCS) which rose 168.45% to 2.35, G Medical Innovations Holdings Ltd (NASDAQ:GMVD) which was up 80.33% to settle at 5.41 and Blackboxstocks Inc (NASDAQ:BLBX) which gained 67.44% to close at 0.72.

The worst performers were CN Energy Group Inc (NASDAQ:CNEY) which was down 72.86% to 0.59 in late trade, BuzzFeed Inc (NASDAQ:BZFD) which lost 29.20% to settle at 2.74 and Bridger Aerospace Group Holdings Inc (NASDAQ:BAER) which was down 25.16% to 9.31 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2136 to 899 and 123 ended unchanged; on the Nasdaq Stock Exchange, 2560 fell and 1193 advanced, while 135 ended unchanged.

Shares in CN Energy Group Inc (NASDAQ:CNEY) fell to all time lows; down 72.86% or 1.58 to 0.59.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 7.73% to 19.94.

Gold Futures for February delivery was down 0.37% or 7.10 to $1,922.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.45% or 1.95 to hit $77.73 a barrel, while the April Brent oil contract fell 2.36% or 2.04 to trade at $84.36 a barrel.

EUR/USD was unchanged 0.16% to 1.09, while USD/JPY rose 0.45% to 130.43.

The US Dollar Index Futures was up 0.32% at 102.05.

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