Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.51%

Published 07/07/2020, 05:25 PM
Updated 07/07/2020, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.51%

© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.51%

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

At the close in NYSE, the Dow Jones Industrial Average declined 1.51%, while the S&P 500 index fell 1.08%, and the NASDAQ Composite index declined 0.86%.

The best performers of the session on the Dow Jones Industrial Average were Walmart Inc (NYSE:WMT), which rose 6.78% or 8.06 points to trade at 126.95 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 0.49% or 0.59 points to end at 122.22 and Coca-Cola Company (NYSE:KO) was down 0.04% or 0.02 points to 45.21 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 4.81% or 9.03 points to trade at 178.88 at the close. Goldman Sachs Group Inc (NYSE:GS) declined 3.86% or 8.00 points to end at 199.36 and American Express Company (NYSE:AXP) was down 3.70% or 3.57 points to 93.01.

The top performers on the S&P 500 were Walmart Inc (NYSE:WMT) which rose 6.78% to 126.95, Rollins Inc (NYSE:ROL) which was up 6.71% to settle at 45.62 and Air Products and Chemicals Inc (NYSE:APD) which gained 6.52% to close at 265.13.

The worst performers were TechnipFMC PLC (NYSE:FTI) which was down 7.90% to 7.11 in late trade, United Airlines Holdings Inc (NASDAQ:UAL) which lost 7.55% to settle at 32.55 and Devon Energy Corporation (NYSE:DVN) which was down 7.26% to 10.35 at the close.

The top performers on the NASDAQ Composite were Corvus Pharmaceuticals Inc (NASDAQ:CRVS) which rose 80.84% to 4.96, ContraVir Pharmaceuticals Inc (NASDAQ:HEPA) which was up 43.06% to settle at 4.12 and Vaxart Inc (NASDAQ:VXRT) which gained 37.73% to close at 8.8700.

The worst performers were Broadway Financial Corporation (NASDAQ:BYFC) which was down 28.92% to 2.360 in late trade, Evolus Inc (NASDAQ:EOLS) which lost 27.44% to settle at 3.86 and Remark Holdings Inc (NASDAQ:MARK) which was down 27.03% to 1.8900 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2159 to 724 and 53 ended unchanged; on the Nasdaq Stock Exchange, 1970 fell and 724 advanced, while 54 ended unchanged.

Shares in Rollins Inc (NYSE:ROL) rose to all time highs; gaining 6.71% or 2.87 to 45.62. Shares in Air Products and Chemicals Inc (NYSE:APD) rose to all time highs; rising 6.52% or 16.22 to 265.13. Shares in Vaxart Inc (NASDAQ:VXRT) rose to 52-week highs; rising 37.73% or 2.4300 to 8.8700.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 5.33% to 29.43.

Gold Futures for August delivery was up 0.78% or 14.05 to $1807.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.47% or 0.19 to hit $40.44 a barrel, while the September Brent oil contract rose 0.12% or 0.05 to trade at $42.94 a barrel.

EUR/USD was up 0.04% to 1.1275, while USD/JPY rose 0.07% to 107.58.

The US Dollar Index Futures was up 0.24% at 96.910.

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.