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 0.88%

Published 09/18/2020, 05:25 PM
Updated 09/18/2020, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.88%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.88%, while the S&P 500 index declined 1.12%, and the NASDAQ Composite index lost 1.07%.

The best performers of the session on the Dow Jones Industrial Average were Johnson & Johnson (NYSE:JNJ), which rose 1.37% or 2.01 points to trade at 149.18 at the close. Meanwhile, UnitedHealth Group Incorporated (NYSE:UNH) added 1.00% or 3.04 points to end at 308.02 and Merck & Company Inc (NYSE:MRK) was up 0.20% or 0.17 points to 85.81 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 3.81% or 6.39 points to trade at 161.14 at the close. Apple Inc (NASDAQ:AAPL) declined 3.17% or 3.50 points to end at 106.84 and International Business Machines (NYSE:IBM) was down 1.73% or 2.16 points to 122.76.

The top performers on the S&P 500 were Aptiv PLC (NYSE:APTV) which rose 6.80% to 88.95, Marathon Oil Corporation (NYSE:MRO) which was up 2.99% to settle at 4.82 and News Corp A (NASDAQ:NWSA) which gained 2.83% to close at 15.64.

The worst performers were H&R Block Inc (NYSE:HRB) which was down 7.27% to 13.90 in late trade, Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which lost 5.85% to settle at 16.25 and Carnival Corporation (NYSE:CCL) which was down 5.73% to 15.31 at the close.

The top performers on the NASDAQ Composite were Cassava Sciences Inc (NASDAQ:SAVA) which rose 42.03% to 10.07, Westport Fuel Systems Inc (NASDAQ:WPRT) which was up 38.89% to settle at 2.250 and ProPhase Labs Inc (NASDAQ:PRPH) which gained 29.00% to close at 3.870.

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

The worst performers were Oasis Midstream Partners LP (NASDAQ:OMP) which was down 16.98% to 7.58 in late trade, Unico American Corporation (NASDAQ:UNAM) which lost 14.85% to settle at 5.08 and Pandion Therapeutics Holdco Llc (NASDAQ:PAND) which was down 14.70% to 14.33 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2023 to 1059 and 81 ended unchanged; on the Nasdaq Stock Exchange, 1444 fell and 1433 advanced, while 59 ended unchanged.

Shares in News Corp A (NASDAQ:NWSA) rose to 52-week highs; gaining 2.83% or 0.43 to 15.64. Shares in Cassava Sciences Inc (NASDAQ:SAVA) rose to 52-week highs; gaining 42.03% or 2.98 to 10.07. Shares in ProPhase Labs Inc (NASDAQ:PRPH) rose to 52-week highs; gaining 29.00% or 0.870 to 3.870. Shares in Pandion Therapeutics Holdco Llc (NASDAQ:PAND) fell to all time lows; falling 14.70% or 2.47 to 14.33.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.38% to 25.83.

Gold Futures for December delivery was up 0.40% or 7.85 to $1957.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October unchanged 0.00% or 0.00 to hit $40.97 a barrel, while the November Brent oil contract fell 0.48% or 0.21 to trade at $43.09 a barrel.

EUR/USD was down 0.06% to 1.1840, while USD/JPY fell 0.16% to 104.56.

The US Dollar Index Futures was up 0.05% at 93.018.

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.