Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.92%

Published 09/23/2020, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.92%

Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Technology and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 1.92% to hit a new 1-month low, while the S&P 500 index fell 2.37%, and the NASDAQ Composite index fell 3.02%.

The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 8.76% or 10.24 points to trade at 127.11 at the close. Meanwhile, Johnson & Johnson (NYSE:JNJ) added 0.16% or 0.23 points to end at 144.44 and Merck & Company Inc (NYSE:MRK) was down 0.37% or 0.31 points to 82.63 in late trade.

The worst performers of the session were Salesforce.com Inc (NYSE:CRM), which fell 4.76% or 11.79 points to trade at 235.99 at the close. Chevron Corp (NYSE:CVX) declined 4.74% or 3.58 points to end at 71.95 and Apple Inc (NASDAQ:AAPL) was down 4.19% or 4.69 points to 107.12.

The top performers on the S&P 500 were Nike Inc (NYSE:NKE) which rose 8.76% to 127.11, Western Digital Corporation (NASDAQ:WDC) which was up 6.72% to settle at 38.92 and Twitter Inc (NYSE:TWTR) which gained 6.08% to close at 45.33.

The worst performers were Albemarle Corp (NYSE:ALB) which was down 15.56% to 80.42 in late trade, Apache Corporation (NASDAQ:APA) which lost 9.31% to settle at 11.10 and Marathon Petroleum Corp (NYSE:MPC) which was down 7.44% to 28.73 at the close.

The top performers on the NASDAQ Composite were SPI Energy Co Ltd (NASDAQ:SPI) which rose 1000.00% to 14.000, Sunworks Inc (NASDAQ:SUNW) which was up 50.38% to settle at 1.160 and Digital Ally Inc (NASDAQ:DGLY) which gained 47.64% to close at 2.820.

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

The worst performers were AC Immune Ltd (NASDAQ:ACIU) which was down 44.95% to 4.80 in late trade, Wave Life Sciences Ltd (NASDAQ:WVE) which lost 36.74% to settle at 10.02 and Payment Data Systems Inc (NASDAQ:USIO) which was down 30.40% to 1.580 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2789 to 323 and 38 ended unchanged; on the Nasdaq Stock Exchange, 2475 fell and 421 advanced, while 48 ended unchanged.

Shares in Nike Inc (NYSE:NKE) rose to all time highs; rising 8.76% or 10.24 to 127.11. Shares in Twitter Inc (NYSE:TWTR) rose to 52-week highs; up 6.08% or 2.60 to 45.33. Shares in Nike Inc (NYSE:NKE) rose to all time highs; gaining 8.76% or 10.24 to 127.11. Shares in SPI Energy Co Ltd (NASDAQ:SPI) rose to 52-week highs; gaining 1000.00% or 12.953 to 14.000.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.40% to 28.58.

Gold Futures for December delivery was down 2.15% or 41.05 to $1866.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.53% or 0.21 to hit $39.59 a barrel, while the November Brent oil contract unchanged 0.00% or 0.00 to trade at $41.48 a barrel.

EUR/USD was up 0.04% to 1.1663, while USD/JPY fell 0.02% to 105.34.

The US Dollar Index Futures was up 0.44% at 94.430.

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.