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 1.40%

Published 12/05/2022, 04:25 PM
Updated 12/05/2022, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.40%

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

At the close in NYSE, the Dow Jones Industrial Average lost 1.40%, while the S&P 500 index declined 1.79%, and the NASDAQ Composite index lost 1.93%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 1.22% or 2.23 points to trade at 185.10 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) fell 0.03% or 0.03 points to end at 110.01 and Johnson & Johnson (NYSE:JNJ) was down 0.06% or 0.10 points to 178.78 in late trade.

The worst performers of the session were Salesforce Inc (NYSE:CRM), which fell 7.40% or 10.70 points to trade at 133.86 at the close. Walt Disney Company (NYSE:DIS) declined 3.52% or 3.50 points to end at 95.93 and Verizon Communications Inc (NYSE:VZ) was down 2.99% or 1.14 points to 37.04.

The top performers on the S&P 500 were United Airlines Holdings Inc (NASDAQ:UAL) which rose 2.60% to 45.03, CME Group Inc (NASDAQ:CME) which was up 2.12% to settle at 180.38 and Gap Inc (NYSE:GPS) which gained 2.02% to close at 15.15.

The worst performers were VF Corporation (NYSE:VFC) which was down 11.17% to 29.51 in late trade, Ceridian HCM Holding Inc (NYSE:CDAY) which lost 7.44% to settle at 64.53 and Signature Bank (NASDAQ:SBNY) which was down 7.44% to 125.88 at the close.

The top performers on the NASDAQ Composite were MMTEC Inc (NASDAQ:MTC) which rose 50.00% to 1.50, Nymox Pharmaceutical Corp (NASDAQ:NYMX) which was up 44.01% to settle at 0.41 and Digital Brands Group Inc (NASDAQ:DBGI) which gained 37.33% to close at 5.15.

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

The worst performers were Dermata Therapeutics Inc (NASDAQ:DRMA) which was down 58.01% to 0.26 in late trade, Top Ships Inc (NASDAQ:TOPS) which lost 50.45% to settle at 2.20 and Soluna Holdings Inc (NASDAQ:SLNH) which was down 27.02% to 0.57 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2613 to 488 and 96 ended unchanged; on the Nasdaq Stock Exchange, 2781 fell and 982 advanced, while 161 ended unchanged.

Shares in Signature Bank (NASDAQ:SBNY) fell to 52-week lows; losing 7.44% or 10.12 to 125.88. Shares in Salesforce Inc (NYSE:CRM) fell to 52-week lows; falling 7.40% or 10.70 to 133.86. Shares in Dermata Therapeutics Inc (NASDAQ:DRMA) fell to all time lows; losing 58.01% or 0.35 to 0.26. Shares in Soluna Holdings Inc (NASDAQ:SLNH) fell to 52-week lows; losing 27.02% or 0.21 to 0.57.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 8.87% to 20.75.

Gold Futures for February delivery was down 1.59% or 28.70 to $1,780.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 3.21% or 2.57 to hit $77.41 a barrel, while the February Brent oil contract fell 2.87% or 2.46 to trade at $83.11 a barrel.

EUR/USD was unchanged 0.46% to 1.05, while USD/JPY rose 1.86% to 136.79.

The US Dollar Index Futures was up 0.73% at 105.27.

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.