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U.S. stocks lower at close of trade

Published 01/09/2015, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade
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Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Financials, Consumer Services and Industrials sectors led shares lower.

At the close in New York, the Dow Jones Industrial Average fell 0.95%, while the S&P 500 index fell 0.84%, and the NASDAQ Composite index declined 0.68%.

The best performers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ:CSCO), which rose 1.02% or 0.28 points to trade at 27.79 at the close. Meanwhile, Walt Disney Company (NYSE:DIS) added 0.49% or 0.46 points to end at 94.25 and Pfizer Inc (NYSE:PFE) was up 0.46% or 0.15 points to 32.65 in late trade.

The worst performers of the session were Chevron Corporation (NYSE:CVX), which fell 1.99% or 2.20 points to trade at 108.21 at the close. JPMorgan Chase & Co (NYSE:JPM) declined 1.74% or 1.05 points to end at 59.34 and Home Depot Inc (NYSE:HD) was down 1.71% or 1.83 points to 104.89.

The top performers on the S&P 500 were Cabot Oil & Gas Corporation (NYSE:COG) which rose 4.12% to 30.05, Newmont Mining Corporation (NYSE:NEM) which was up 3.70% to settle at 20.72 and Mallinckrodt (NYSE:MNK) which gained 3.40% to close at 103.57.
The worst performers were Avon Products Inc (NYSE:AVP) which was down 7.47% to 8.17 in late trade, Bed Bath & Beyond Inc (NASDAQ:BBBY) which lost 6.75% to settle at 74.09 and Comerica Incorporated (NYSE:CMA) which was down 4.46% to 42.65 at the close.

The top performers on the NASDAQ Composite were Westmoreland Coal Company (NASDAQ:WLBPZ) which rose 30.55% to 75.720, Agenus Inc (NASDAQ:AGEN) which was up 28.71% to settle at 5.29 and Alexza Pharmaceuticals Inc (NASDAQ:ALXA) which gained 27.81% to close at 2.160.
The worst performers were The Wet Seal Inc (NASDAQ:WTSL) which was down 46.60% to 0.055 in late trade, Conatus Pha (NASDAQ:CNAT) which lost 40.08% to settle at 6.19 and E2open Inc (NASDAQ:EOPN) which was down 36.44% to 5.600 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2063 to 739 and 1 ended unchanged; on the Nasdaq Stock Exchange, 1813 fell and 954 advanced, while 8 ended unchanged.

Shares in Avon Products Inc (NYSE:AVP) fell to all time lows; falling 7.47% or 0.66 to 8.17.
Shares in Mallinckrodt (NYSE:MNK) rose to all time highs; rising 3.40% or 3.41 to 103.57.
Shares in Comerica Incorporated (NYSE:CMA) fell to 52 weeks lows; losing 4.46% or 1.99 to 42.65.
Shares in Agenus Inc (NASDAQ:AGEN) rose to 52 weeks highs; rising 28.71% or 1.18 to 5.29.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.76% to 17.65.

Gold for February delivery was up 1.20% or 14.50 to $1223.00 a troy ounce.
Elsewhere in commodities trading, crude oil for delivery in February fell 1.12% or 0.55 to hit $48.24 a barrel, while the February brent oil contract fell 2.03% or 1.03 to trade at $49.92 a barrel.

EUR/USD was up 0.41% to 1.1840, while USD/JPY fell 0.95% to 118.52.

The US Dollar Index was down 0.39% at 92.19.

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