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 0.99%

Published 10/29/2018, 04:25 PM
Updated 10/29/2018, 04:26 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.99%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.99% to hit a new 3-months low, while the S&P 500 index lost 0.66%, and the NASDAQ Composite index fell 1.63%.

The best performers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE:VZ), which rose 1.75% or 0.97 points to trade at 56.48 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 1.49% or 1.05 points to end at 71.45 and Pfizer Inc (NYSE:PFE) was up 1.48% or 0.63 points to 43.23 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 6.59% or 23.68 points to trade at 335.59 at the close. International Business Machines (NYSE:IBM) declined 4.13% or 5.15 points to end at 119.64 and Microsoft Corporation (NASDAQ:MSFT) was down 2.91% or 3.11 points to 103.85.

The top performers on the S&P 500 were Red Hat Inc (NYSE:RHT) which rose 45.38% to 169.63, Signet Jewelers Ltd (NYSE:SIG) which was up 6.95% to settle at 54.60 and Cerner Corporation (NASDAQ:CERN) which gained 5.13% to close at 58.40.

The worst performers were L3 Technologies Inc (NYSE:LLL) which was down 8.83% to 186.22 in late trade, Harris Corporation (NYSE:HRS) which lost 8.80% to settle at 146.69 and Boeing Co (NYSE:BA) which was down 6.59% to 335.59 at the close.

The top performers on the NASDAQ Composite were Electrameccanica Vehicles Corp (NASDAQ:SOLO) which rose 108.72% to 4.5500, Dolphin Entertainment Inc (NASDAQ:DLPN) which was up 12.43% to settle at 1.99 and LogicBio Therapeutics Inc (NASDAQ:LOGC) which gained 25.06% to close at 10.73.

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

The worst performers were ReShape Lifesciences Inc (NASDAQ:RSLS) which was down 25.38% to 0.0194 in late trade, RumbleON Inc (NASDAQ:RMBL) which lost 26.28% to settle at 5.05 and Avinger Inc (NASDAQ:AVGR) which was down 24.36% to 0.59 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1822 to 1246 and 77 ended unchanged; on the Nasdaq Stock Exchange, 1546 fell and 1109 advanced, while 69 ended unchanged.

Shares in International Business Machines (NYSE:IBM) fell to 52-week lows; down 4.13% or 5.15 to 119.64. Shares in ReShape Lifesciences Inc (NASDAQ:RSLS) fell to all time lows; down 25.38% or 0.0066 to 0.0194. Shares in Avinger Inc (NASDAQ:AVGR) fell to all time lows; down 24.36% or 0.19 to 0.59.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.24% to 24.70.

Gold Futures for December delivery was down 0.12% or 1.50 to $1231.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.15% or 0.78 to hit $66.81 a barrel, while the January Brent oil contract fell 0.84% or 0.65 to trade at $76.97 a barrel.

EUR/USD was down 0.16% to 1.1384, while USD/JPY rose 0.38% to 112.32.

The US Dollar Index Futures was up 0.26% at 96.38.

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.