Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.54%

Published 02/02/2018, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.54%

Investing.com – U.S. stocks were lower after the close on Friday, 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 2.54%, while the S&P 500 index lost 2.12%, and the NASDAQ Composite index lost 1.96%.

The best performers of the session on the Dow Jones Industrial Average were Pfizer Inc (NYSE:PFE), which fell 0.60% or 0.22 points to trade at 36.61 at the close. Meanwhile, Nike Inc (NYSE:NKE) fell 0.64% or 0.43 points to end at 67.22 and Wal-Mart Stores Inc (NYSE:WMT) was down 0.99% or 1.04 points to 104.48 in late trade.

The worst performers of the session were Chevron Corporation (NYSE:CVX), which fell 5.57% or 6.99 points to trade at 118.58 at the close. Exxon Mobil Corporation (NYSE:XOM) declined 5.10% or 4.54 points to end at 84.53 and Goldman Sachs Group Inc (NYSE:GS) was down 4.48% or 12.19 points to 260.04.

The top performers on the S&P 500 were Mattel Inc (NASDAQ:MAT) which rose 7.90% to 16.53, Motorola Solutions Inc (NYSE:MSI) which was up 4.79% to settle at 103.87 and Charter Communications Inc (NASDAQ:CHTR) which gained 4.33% to close at 387.25.

The worst performers were Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which was down 7.61% to 17.97 in late trade, Fortune Brands Home & Security Inc (NYSE:FBHS) which lost 7.05% to settle at 64.90 and Clorox Company (NYSE:CLX) which was down 6.71% to 130.91 at the close.

The top performers on the NASDAQ Composite were Akers Biosciences Inc (NASDAQ:AKER) which rose 37.12% to 0.495, Actua Corp (NASDAQ:ACTA) which was up 28.79% to settle at 0.85 and USA Truck Inc (NASDAQ:USAK) which gained 24.45% to close at 24.99.

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

The worst performers were Cenveo Inc (NASDAQ:CVO) which was down 66.50% to 0.472 in late trade, Impinj Inc (NASDAQ:PI) which lost 46.81% to settle at 12.16 and Aceto Corporation (NASDAQ:ACET) which was down 27.41% to 7.92 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2839 to 342 and 49 ended unchanged; on the Nasdaq Stock Exchange, 2130 fell and 420 advanced, while 109 ended unchanged.

Shares in Motorola Solutions Inc (NYSE:MSI) rose to 5-year highs; rising 4.79% or 4.75 to 103.87. Shares in Cenveo Inc (NASDAQ:CVO) fell to all time lows; losing 66.50% or 0.938 to 0.472. Shares in Actua Corp (NASDAQ:ACTA) rose to all time lows; gaining 28.79% or 0.19 to 0.85. Shares in Impinj Inc (NASDAQ:PI) fell to all time lows; falling 46.81% or 10.70 to 12.16. Shares in USA Truck Inc (NASDAQ:USAK) rose to 52-week highs; rising 24.45% or 4.91 to 24.99. Shares in Aceto Corporation (NASDAQ:ACET) fell to 5-year lows; down 27.41% or 2.99 to 7.92.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 27.39% to 17.16 a new 52-week high.

Gold Futures for April delivery was down 1.05% or 14.20 to $1333.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.09% or 0.72 to hit $65.08 a barrel, while the April Brent oil contract fell 1.51% or 1.05 to trade at $68.60 a barrel.

EUR/USD was down 0.45% to 1.2458, while USD/JPY rose 0.69% to 110.17.

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

The US Dollar Index Futures was up 0.62% at 89.03.

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.