U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.04%

Published 06/26/2023, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.04%

Investing.com – U.S. stocks were lower after the close on Monday, as losses in the Technology, Consumer Goods and Healthcare sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.04%, while the S&P 500 index lost 0.45%, and the NASDAQ Composite index declined 1.16%.

The best performers of the session on the Dow Jones Industrial Average were Home Depot Inc (NYSE:HD), which rose 2.38% or 7.15 points to trade at 307.96 at the close. Meanwhile, Nike Inc (NYSE:NKE) added 2.04% or 2.23 points to end at 111.75 and Chevron Corp (NYSE:CVX) was up 1.76% or 2.66 points to 154.01 in late trade.

The worst performers of the session were Microsoft Corporation (NASDAQ:MSFT), which fell 1.92% or 6.42 points to trade at 328.60 at the close. Visa Inc Class A (NYSE:V) declined 1.39% or 3.20 points to end at 226.35 and Merck & Company Inc (NYSE:MRK) was down 1.34% or 1.53 points to 113.06.

The top performers on the S&P 500 were Boston Properties Inc (NYSE:BXP) which rose 9.84% to 56.57, Alexandria Real Estate Equities Inc (NYSE:ARE) which was up 4.98% to settle at 114.51 and Newell Brands Inc (NASDAQ:NWL) which gained 4.71% to close at 8.22.

The worst performers were Carnival Corporation (NYSE:CCL) which was down 7.66% to 14.59 in late trade, Tesla Inc (NASDAQ:TSLA) which lost 6.06% to settle at 241.05 and CarMax Inc (NYSE:KMX) which was down 5.75% to 81.25 at the close.

The top performers on the NASDAQ Composite were Trxade Group Inc (NASDAQ:MEDS) which rose 93.84% to 16.36, Benitec Biopharma Ltd ADR (NASDAQ:BNTC) which was up 81.36% to settle at 0.36 and MoonLake Immunotherapeutics (NASDAQ:MLTX) which gained 77.55% to close at 45.95.

The worst performers were Avalo Therapeutics Inc (NASDAQ:AVTX) which was down 88.69% to 0.50 in late trade, FibroGen Inc (NASDAQ:FGEN) which lost 83.12% to settle at 2.71 and C3is Inc (NASDAQ:CISS) which was down 29.66% to 1.85 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1929 to 1028 and 82 ended unchanged; on the Nasdaq Stock Exchange, 1984 fell and 1571 advanced, while 140 ended unchanged.

Shares in Avalo Therapeutics Inc (NASDAQ:AVTX) fell to all time lows; losing 88.69% or 3.92 to 0.50. Shares in FibroGen Inc (NASDAQ:FGEN) fell to all time lows; down 83.12% or 13.34 to 2.71. Shares in MoonLake Immunotherapeutics (NASDAQ:MLTX) rose to all time highs; up 77.55% or 20.07 to 45.95. Shares in C3is Inc (NASDAQ:CISS) fell to all time lows; losing 29.66% or 0.78 to 1.85.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.03% to 14.25.

Gold Futures for August delivery was up 0.16% or 3.05 to $1,932.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.64% or 0.44 to hit $69.60 a barrel, while the September Brent oil contract rose 0.72% or 0.53 to trade at $74.54 a barrel.

EUR/USD was unchanged 0.16% to 1.09, while USD/JPY fell 0.11% to 143.51.

The US Dollar Index Futures was down 0.14% at 102.40.

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