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 1.81%

Published 12/21/2018, 04:25 PM
Updated 12/21/2018, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.81%

Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Technology, Consumer Services and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 1.81% to hit a new 52-week low, while the S&P 500 index declined 2.06%, and the NASDAQ Composite index lost 2.99%.

The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 7.17% or 4.84 points to trade at 72.37 at the close. Meanwhile, McDonald’s Corporation (NYSE:MCD) added 0.27% or 0.47 points to end at 174.15 and Coca-Cola Company (NYSE:KO) was up 0.06% or 0.03 points to 47.57 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 4.96% or 8.36 points to trade at 160.05 at the close. American Express Company (NYSE:AXP) declined 4.64% or 4.44 points to end at 91.33 and Apple Inc (NASDAQ:AAPL) was down 3.89% or 6.10 points to 150.73.

The top performers on the S&P 500 were Nike Inc (NYSE:NKE) which rose 7.17% to 72.37, CarMax Inc (NYSE:KMX) which was up 3.95% to settle at 58.96 and Chesapeake Energy Corporation (NYSE:CHK) which gained 3.26% to close at 1.900.

The worst performers were Perrigo Co (NYSE:PRGO) which was down 29.28% to 37.03 in late trade, ConAgra Foods Inc (NYSE:CAG) which lost 8.77% to settle at 22.15 and Alexion Pharmaceuticals Inc (NASDAQ:ALXN) which was down 6.51% to 94.63 at the close.

The top performers on the NASDAQ Composite were Micronet Enertec Technologies Inc (NASDAQ:MICT) which rose 183.83% to 0.860, Obalon Therapeutics Inc (NASDAQ:OBLN) which was up 61.59% to settle at 2.65 and Smaaash Entertainment Inc (NASDAQ:SMSH) which gained 45.77% to close at 2.32.

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

The worst performers were Applied DNA Sciences Inc (NASDAQ:APDN) which was down 48.60% to 0.360 in late trade, Vascular Biogenics Ltd (NASDAQ:VBLT) which lost 41.18% to settle at 0.600 and Nova Lifestyle I (NASDAQ:NVFY) which was down 40.26% to 0.460 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2413 to 680 and 67 ended unchanged; on the Nasdaq Stock Exchange, 2092 fell and 571 advanced, while 66 ended unchanged.

Shares in Perrigo Co (NYSE:PRGO) fell to 5-year lows; losing 29.28% or 15.33 to 37.03. Shares in ConAgra Foods Inc (NYSE:CAG) fell to 5-year lows; down 8.77% or 2.13 to 22.15. Shares in Alexion Pharmaceuticals Inc (NASDAQ:ALXN) fell to 5-year lows; falling 6.51% or 6.59 to 94.63. Shares in Goldman Sachs Group Inc (NYSE:GS) fell to 52-week lows; falling 4.96% or 8.36 to 160.05. Shares in Apple Inc (NASDAQ:AAPL) fell to 52-week lows; down 3.89% or 6.10 to 150.73. Shares in Applied DNA Sciences Inc (NASDAQ:APDN) fell to all time lows; losing 48.60% or 0.340 to 0.360. Shares in Vascular Biogenics Ltd (NASDAQ:VBLT) fell to all time lows; losing 41.18% or 0.420 to 0.600. Shares in Nova Lifestyle I (NASDAQ:NVFY) fell to 52-week lows; losing 40.26% or 0.310 to 0.460.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.10% to 30.11 a new 6-months high.

Gold Futures for February delivery was down 0.73% or 9.30 to $1258.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.07% or 0.49 to hit $45.39 a barrel, while the February Brent oil contract fell 1.56% or 0.85 to trade at $53.50 a barrel.

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

EUR/USD was down 0.75% to 1.1360, while USD/JPY rose 0.03% to 111.31.

The US Dollar Index Futures was up 0.84% at 96.532.

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.