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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.67%

Published 04/21/2020, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.67%
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Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Technology, Healthcare and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 2.67%, while the S&P 500 index lost 3.07%, and the NASDAQ Composite index fell 3.48%.

The best performers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which unchanged 0.00% or 0.00 points to trade at 101.78 at the close. Meanwhile, Walmart Inc (NYSE:WMT) fell 0.49% or 0.64 points to end at 129.21 and Exxon Mobil Corp (NYSE:XOM) was down 0.53% or 0.22 points to 40.96 in late trade.

The worst performers of the session were Merck & Company Inc (NYSE:MRK), which fell 5.46% or 4.54 points to trade at 78.56 at the close. Boeing Co (NYSE:BA) declined 5.07% or 7.28 points to end at 136.33 and Intel Corporation (NASDAQ:INTC) was down 4.77% or 2.82 points to 56.36.

The top performers on the S&P 500 were Helmerich and Payne Inc (NYSE:HP) which rose 4.88% to 18.50, FLIR Systems Inc (NASDAQ:FLIR) which was up 4.31% to settle at 40.65 and Macerich Company (NYSE:MAC) which gained 3.83% to close at 6.02.

The worst performers were Fortinet Inc (NASDAQ:FTNT) which was down 9.94% to 101.18 in late trade, Lam Research Corp (NASDAQ:LRCX) which lost 8.66% to settle at 243.63 and Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which was down 7.61% to 7.41 at the close.

The top performers on the NASDAQ Composite were Energous Co (NASDAQ:WATT) which rose 155.98% to 2.675, Gulfport Energy Corporation (NASDAQ:GPOR) which was up 82.69% to settle at 1.425 and Torm PLC Class A (NASDAQ:TRMD) which gained 64.47% to close at 12.50.

The worst performers were Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) which was down 52.31% to 4.1200 in late trade, Summit Wireless Technologies (NASDAQ:WISA) which lost 40.78% to settle at 2.5400 and Safe-T Group Ltd ADR (NASDAQ:SFET) which was down 32.10% to 1.10 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2309 to 578 and 51 ended unchanged; on the Nasdaq Stock Exchange, 1991 fell and 675 advanced, while 53 ended unchanged.

Shares in Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) fell to 52-week lows; down 52.31% or 4.5200 to 4.1200. Shares in Summit Wireless Technologies (NASDAQ:WISA) fell to 52-week lows; down 40.78% or 1.7489 to 2.5400. Shares in Torm PLC Class A (NASDAQ:TRMD) rose to 5-year highs; gaining 64.47% or 4.90 to 12.50. Shares in Safe-T Group Ltd ADR (NASDAQ:SFET) fell to all time lows; losing 32.10% or 0.52 to 1.10.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.60% to 45.41.

Gold Futures for June delivery was down 0.55% or 9.35 to $1701.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 35.93% or 7.34 to hit $13.09 a barrel, while the June Brent oil contract rose 0.20% or 0.04 to trade at $19.70 a barrel.

EUR/USD was up 0.05% to 1.0861, while USD/JPY fell 0.06% to 107.69.

The US Dollar Index Futures was up 0.30% at 100.355.

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