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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.71%

Stock MarketsFeb 25, 2021 03:25PM ET
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© Reuters U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.71%

Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the Technology, Basic Materials and Consumer Goods sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 1.71%, while the S&P 500 index lost 2.39%, and the NASDAQ Composite index lost 3.39%.

The best performers of the session on the Dow Jones Industrial Average were 3M Company (NYSE:MMM), which rose 0.26% or 0.46 points to trade at 178.09 at the close. Meanwhile, Nike Inc (NYSE:NKE) fell 0.15% or 0.20 points to end at 135.45 and Merck & Company Inc (NYSE:MRK) was down 0.21% or 0.16 points to 74.41 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 5.34% or 12.25 points to trade at 217.09 at the close. Intel Corporation (NASDAQ:INTC) declined 4.38% or 2.77 points to end at 60.42 and Salesforce.com Inc (NYSE:CRM) was down 4.08% or 9.81 points to 230.66.

The top performers on the S&P 500 were TechnipFMC PLC (NYSE:FTI) which rose 13.83% to 8.64, Quanta Services Inc (NYSE:PWR) which was up 4.50% to settle at 84.78 and Twitter Inc (NYSE:TWTR) which gained 3.96% to close at 74.77.

The worst performers were NetApp Inc (NASDAQ:NTAP) which was down 12.99% to 62.27 in late trade, ANSYS Inc (NASDAQ:ANSS) which lost 12.37% to settle at 337.69 and TripAdvisor Inc (NASDAQ:TRIP) which was down 12.27% to 43.48 at the close.

The top performers on the NASDAQ Composite were Pandion Therapeutics Holdco Llc (NASDAQ:PAND) which rose 133.59% to 59.87, Chromadex Corp (NASDAQ:CDXC) which was up 115.20% to settle at 20.96 and TDH Holdings Inc (NASDAQ:PETZ) which gained 38.26% to close at 4.300.

The worst performers were Collplant Biotechnologies Ltd (NASDAQ:CLGN) which was down 27.38% to 13.74 in late trade, The9 Ltd ADR (NASDAQ:NCTY) which lost 24.11% to settle at 43.000 and Akebia Ther (NASDAQ:AKBA) which was down 18.93% to 3.47 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2730 to 425 and 36 ended unchanged; on the Nasdaq Stock Exchange, 2765 fell and 472 advanced, while 37 ended unchanged.

Shares in Quanta Services Inc (NYSE:PWR) rose to all time highs; rising 4.50% or 3.65 to 84.78. Shares in Twitter Inc (NYSE:TWTR) rose to all time highs; up 3.96% or 2.85 to 74.77. Shares in Pandion Therapeutics Holdco Llc (NASDAQ:PAND) rose to all time highs; gaining 133.59% or 34.24 to 59.87. Shares in Chromadex Corp (NASDAQ:CDXC) rose to all time highs; up 115.20% or 11.22 to 20.96.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 40.02% to 29.88.

Gold Futures for April delivery was down 1.53% or 27.50 to $1770.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.47% or 0.30 to hit $63.52 a barrel, while the May Brent oil contract fell 0.08% or 0.05 to trade at $66.13 a barrel.

EUR/USD was up 0.06% to 1.2171, while USD/JPY rose 0.37% to 106.25.

The US Dollar Index Futures was up 0.06% at 90.222.

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.71%
 

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Comments (2)
YNSContracto XETRA
YNSContracto XETRA Feb 25, 2021 4:01PM ET
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The market was Very nice so I am optimist The big investor earn some good results and they are care about that evaluation...
Ryan Droege
Ryan Droege Feb 25, 2021 3:35PM ET
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weird that the article mentions exactly where the market closed 35 minutes before it closed???
 
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