Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
Final hours: unlock premium data with Claim 60% OFF
U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.07%
Published Mar 10, 2023 04:25PM ET
© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.07%
Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Financials, Industrials and Basic Materials sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average declined 1.07% to hit a new 3-months low, while the S&P 500 index declined 1.45%, and the NASDAQ Composite index lost 1.76%.
The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 2.95% or 0.78 points to trade at 27.22 at the close. Meanwhile, JPMorgan Chase & Co (NYSE:JPM) added 2.54% or 3.31 points to end at 133.65 and The Travelers Companies Inc (NYSE:TRV) was up 1.01% or 1.76 points to 175.68 in late trade.
The worst performers of the session were Caterpillar Inc (NYSE:CAT), which fell 5.79% or 13.95 points to trade at 227.01 at the close. Goldman Sachs Group Inc (NYSE:GS) declined 4.22% or 14.42 points to end at 327.67 and American Express Company (NYSE:AXP) was down 3.73% or 6.42 points to 165.70.
The top performers on the S&P 500 were Intel Corporation (NASDAQ:INTC) which rose 2.95% to 27.22, JPMorgan Chase & Co (NYSE:JPM) which was up 2.54% to settle at 133.65 and AbbVie Inc (NYSE:ABBV) which gained 1.61% to close at 149.72.
The worst performers were Signature Bank (NASDAQ:SBNY) which was down 22.87% to 70.00 in late trade, First Republic Bank (NYSE:FRC) which lost 14.84% to settle at 81.76 and Charles Schwab Corp (NYSE:SCHW) which was down 11.69% to 58.70 at the close.
The top performers on the NASDAQ Composite were EUDA Health Holdings Ltd (NASDAQ:EUDA) which rose 54.20% to 2.02, Unicycive Therapeutics Inc (NASDAQ:UNCY) which was up 30.10% to settle at 2.68 and Cingulate Inc (NASDAQ:CING) which gained 25.00% to close at 1.85.
The worst performers were Loyalty Ventures Inc (NASDAQ:LYLT) which was down 58.39% to 0.24 in late trade, Allbirds Inc (NASDAQ:BIRD) which lost 47.03% to settle at 1.25 and Cepton Inc (NASDAQ:CPTN) which was down 45.75% to 0.42 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2592 to 465 and 68 ended unchanged; on the Nasdaq Stock Exchange, 3047 fell and 585 advanced, while 132 ended unchanged.
Shares in Signature Bank (NASDAQ:SBNY) fell to 5-year lows; losing 22.87% or 20.76 to 70.00. Shares in First Republic Bank (NYSE:FRC) fell to 52-week lows; losing 14.84% or 14.25 to 81.76. Shares in Charles Schwab Corp (NYSE:SCHW) fell to 52-week lows; down 11.69% or 7.77 to 58.70. Shares in Loyalty Ventures Inc (NASDAQ:LYLT) fell to all time lows; down 58.39% or 0.34 to 0.24. Shares in Unicycive Therapeutics Inc (NASDAQ:UNCY) rose to 52-week highs; up 30.10% or 0.62 to 2.68. Shares in Allbirds Inc (NASDAQ:BIRD) fell to all time lows; losing 47.03% or 1.11 to 1.25. Shares in Cepton Inc (NASDAQ:CPTN) fell to all time lows; falling 45.75% or 0.35 to 0.42.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 9.69% to 24.80 a new 1-month high.
Gold Futures for April delivery was up 2.07% or 38.05 to $1,872.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.06% or 0.80 to hit $76.52 a barrel, while the May Brent oil contract rose 1.23% or 1.00 to trade at $82.59 a barrel.
EUR/USD was up 0.57% to 1.06, while USD/JPY fell 0.91% to 134.90.
The US Dollar Index Futures was down 0.67% at 104.60.
Related Articles
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.