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

Published 03/01/2022, 05:25 PM
Updated 03/01/2022, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.7600%

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.

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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.

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

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Another night, amother tumblina as futures turn red. Our friend Baron Von Beatdown, has returned. Daddys home.
everyday
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