Breaking News
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.7600%

Stock Markets Mar 01, 2022 05:25PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.7600%
 
IXIC
-1.51%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
GBS
+2.94%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
GDRX
-2.91%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
VRM
-2.52%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ATXI
+39.03%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
VIX
-0.69%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

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

At the close in NYSE, the Dow Jones Industrial Average fell 1.7600%, while the S&P 500 index fell 1.5474%, and the NASDAQ Composite index fell 1.5900%.

The best performers of the session on the Dow Jones Industrial Average were Chevron Corp (NYSE:CVX), which rose 3.9722% or 5.71999979 points to trade at 149.72000122 at the close. Meanwhile, Home Depot Inc (NYSE:HD) added 1.3995% or 4.42000008 points to end at 320.25000000 and Walmart Inc (NYSE:WMT) was up 0.6141% or 0.82999998 points to 135.99000549 in late trade.

The worst performers of the session were American Express Company (NYSE:AXP), which fell 8.4713% or 16.47999954 points to trade at 178.05999756 at the close. Boeing Co (NYSE:BA) declined 5.0794% or 10.43000031 points to end at 194.91000366 and JPMorgan Chase & Co (NYSE:JPM) was down 3.7729% or 5.34999990 points to 136.44999695.

The top performers on the S&P 500 were Target Corporation (NYSE:TGT) which rose 9.8413% to 219.42999268, CH Robinson Worldwide Inc (NASDAQ:CHRW) which was up 8.4195% to settle at 104.81999969 and Occidental Petroleum Corporation (NYSE:OXY) which gained 6.9975% to close at 46.79000092.

The worst performers were DXC Technology Co (NYSE:DXC) which was down 11.5780% to 30.09000015 in late trade, Aptiv PLC (NYSE:APTV) which lost 8.7994% to settle at 118.05000305 and Royal Caribbean Cruises Ltd (NYSE:RCL) which was down 8.7339% to 73.66999817 at the close.

The top performers on the NASDAQ Composite were Avenue Therapeutics Inc (NASDAQ:ATXI) which rose 78.4643% to 0.60659999, CTi Biopharma Corp (NASDAQ:CTIC) which was up 63.1579% to settle at 3.09999990 and Gbs (NASDAQ:GBS) which gained 50.0000% to close at 0.69000000.

The worst performers were Vroom (NASDAQ:VRM) which was down 46.5461% to 3.25000000 in late trade, Mullen Automotive Inc (NASDAQ:MULN) which lost 39.3491% to settle at 1.02499998 and Goodrx Holdings Inc (NASDAQ:GDRX) which was down 38.9416% to 16.72999954 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2001 to 1268 and 117 ended unchanged; on the Nasdaq Stock Exchange, 2521 fell and 1361 advanced, while 201 ended unchanged.

Shares in Aptiv PLC (NYSE:APTV) fell to 52-week lows; falling 8.7994% or 11.39000034 to 118.05000305. Shares in Occidental Petroleum Corporation (NYSE:OXY) rose to 52-week highs; up 6.9975% or 3.05999994 to 46.79000092. Shares in Chevron Corp (NYSE:CVX) rose to all time highs; up 3.9722% or 5.71999979 to 149.72000122. Shares in JPMorgan Chase & Co (NYSE:JPM) fell to 52-week lows; falling 3.7729% or 5.34999990 to 136.44999695. Shares in Vroom (NASDAQ:VRM) fell to all time lows; falling 46.5461% or 2.82999992 to 3.25000000. Shares in Goodrx Holdings Inc (NASDAQ:GDRX) fell to all time lows; down 38.9416% or 10.67000008 to 16.72999954.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 10.5100% to 33.31999969 a new 52-week high.

Gold Futures for April delivery was up 2.4800% or 47.04999924 to $1947.75000000 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 11.2000% or 10.72000027 to hit $106.44000244 a barrel, while the May Brent oil contract fell 0.1000% or 0.11000000 to trade at $107.11000061 a barrel.

EUR/USD was up 0.0090% to 1.11269999, while USD/JPY fell 0.0044% to 114.88500214.

The US Dollar Index Futures was up 0.7200% at 97.38800049.

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.7600%
 

Related Articles

Adobe Earnings, Revenue Miss in Q4
Adobe Earnings, Revenue Miss in Q4 By Investing.com - Oct 01, 2022

Investing.com - Adobe (NASDAQ:ADBE) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Adobe announced...

Add a Comment

Comment Guidelines

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.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (2)
Arthur Daret
Arthur Daret Mar 02, 2022 2:24AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Another night, amother tumblina as futures turn red. Our friend Baron Von Beatdown, has returned. Daddys home.
Ssenyonjo Robert
Ssenyonjo Robert Mar 01, 2022 7:22PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
everyday
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
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
Continue with Google
or
Sign up with Email