Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 4.44%

Stock Markets Apr 01, 2020 05:25PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 4.44%

Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Utilities, Financials and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 4.44%, while the S&P 500 index declined 4.41%, and the NASDAQ Composite index declined 4.41%.

The best performers of the session on the Dow Jones Industrial Average were Walmart Inc (NYSE:WMT), which rose 0.46% or 0.52 points to trade at 114.14 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) fell 0.61% or 0.67 points to end at 109.33 and Exxon Mobil Corp (NYSE:XOM) was down 1.16% or 0.44 points to 37.53 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 12.36% or 18.44 points to trade at 130.70 at the close. American Express Company (NYSE:AXP) declined 9.08% or 7.77 points to end at 77.84 and Dow Inc (NYSE:DOW) was down 7.52% or 2.20 points to 27.04.

The top performers on the S&P 500 were Newmont Goldcorp Corp (NYSE:NEM) which rose 2.63% to 46.47, Target Corporation (NYSE:TGT) which was up 2.47% to settle at 95.27 and Kellogg Company (NYSE:K) which gained 1.83% to close at 61.09.

The worst performers were Carnival Corporation (NYSE:CCL) which was down 33.18% to 8.80 in late trade, Royal Caribbean Cruises Ltd (NYSE:RCL) which lost 19.89% to settle at 25.77 and United Airlines Holdings Inc (NASDAQ:UAL) which was down 18.70% to 25.65 at the close.

The top performers on the NASDAQ Composite were Diffusion Pharmaceuticals Inc (NASDAQ:DFFN) which rose 61.09% to 0.5100, InflaRx N.V. (NASDAQ:IFRX) which was up 50.00% to settle at 5.73 and Dynatronics Corporation (NASDAQ:DYNT) which gained 47.05% to close at 1.270.

The worst performers were Akorn Inc (NASDAQ:AKRX) which was down 64.49% to 0.199 in late trade, Vivus Inc (NASDAQ:VVUS) which lost 59.17% to settle at 1.470 and SG Blocks Inc (NASDAQ:SGBX) which was down 39.57% to 5.6200 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2673 to 240 and 18 ended unchanged; on the Nasdaq Stock Exchange, 2384 fell and 315 advanced, while 35 ended unchanged.

Shares in Carnival Corporation (NYSE:CCL) fell to 5-year lows; losing 33.18% or 4.37 to 8.80. Shares in Akorn Inc (NASDAQ:AKRX) fell to all time lows; falling 64.49% or 0.362 to 0.199.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.57% to 57.06.

Gold Futures for June delivery was up 0.42% or 6.75 to $1603.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 3.47% or 0.71 to hit $21.19 a barrel, while the June Brent oil contract fell 0.23% or 0.06 to trade at $25.55 a barrel.

EUR/USD was down 0.09% to 1.0952, while USD/JPY fell 0.07% to 107.08.

The US Dollar Index Futures was up 0.47% at 99.555.

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 4.44%
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Alexandros Masoutis
Alexandros Masoutis Apr 01, 2020 8:33PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
must say every day about the futures after closing
Alexandros Masoutis
Alexandros Masoutis Apr 01, 2020 8:33PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
must speak every day about futures after closing
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email