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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.95%

Published 10/18/2019, 05:25 PM
Updated 10/18/2019, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.95%

Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Technology, Industrials and Consumer Services sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.95%, while the S&P 500 index fell 0.39%, and the NASDAQ Composite index fell 0.83%.

The best performers of the session on the Dow Jones Industrial Average were Coca-Cola Company (NYSE:KO), which rose 1.84% or 0.99 points to trade at 54.78 at the close. Meanwhile, Verizon Communications Inc (NYSE:VZ) added 1.06% or 0.64 points to end at 61.05 and Merck & Company Inc (NYSE:MRK) was up 1.05% or 0.88 points to 84.68 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 6.79% or 25.06 points to trade at 344.00 at the close. Johnson & Johnson (NYSE:JNJ) declined 6.22% or 8.47 points to end at 127.70 and American Express Company (NYSE:AXP) was down 1.96% or 2.34 points to 116.76.

The top performers on the S&P 500 were Kansas City Southern (NYSE:KSU) which rose 7.26% to 145.25, Intuitive Surgical Inc (NASDAQ:ISRG) which was up 6.96% to settle at 566.25 and State Street Corp (NYSE:STT) which gained 6.10% to close at 63.34.

The worst performers were L Brands Inc (NYSE:LB) which was down 9.89% to 16.31 in late trade, Boeing Co (NYSE:BA) which lost 6.79% to settle at 344.00 and Johnson & Johnson (NYSE:JNJ) which was down 6.22% to 127.70 at the close.

The top performers on the NASDAQ Composite were Greenland Acquisition Corp (NASDAQ:GLAC) which rose 47.99% to 10.330, Bionano Genomics Inc (NASDAQ:BNGO) which was up 37.68% to settle at 1.90 and Attis Industries Inc (NASDAQ:ATIS) which gained 31.58% to close at 1.75.

The worst performers were BIOLASE Inc (NASDAQ:BIOL) which was down 19.80% to 0.8020 in late trade, Synthesis Energy Systems Inc (NASDAQ:SES) which lost 18.04% to settle at 7.5400 and Capstone Turbine Corp (NASDAQ:CPST) which was down 15.38% to 0.330 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1435 to 1381 and 101 ended unchanged; on the Nasdaq Stock Exchange, 1543 fell and 1064 advanced, while 92 ended unchanged.

Shares in Kansas City Southern (NYSE:KSU) rose to all time highs; rising 7.26% or 9.83 to 145.25. Shares in Verizon Communications Inc (NYSE:VZ) rose to 5-year highs; gaining 1.06% or 0.64 to 61.05. Shares in Capstone Turbine Corp (NASDAQ:CPST) fell to all time lows; down 15.38% or 0.060 to 0.330.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.34% to 14.25.

Gold Futures for December delivery was down 0.33% or 4.95 to $1493.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.39% or 0.21 to hit $53.72 a barrel, while the December Brent oil contract fell 1.03% or 0.62 to trade at $59.29 a barrel.

EUR/USD was up 0.44% to 1.1171, while USD/JPY fell 0.21% to 108.42.

The US Dollar Index Futures was down 0.42% at 96.925.

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