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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.12%

Published 02/28/2017, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.12%
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Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Consumer Services, Industrials and Technology sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.12%, while the S&P 500 index lost 0.26%, and the NASDAQ Composite index declined 0.62%.

The best performers of the session on the Dow Jones Industrial Average were Coca-Cola Company (NYSE:KO), which rose 0.70% or 0.29 points to trade at 41.96 at the close. Meanwhile, Chevron Corporation (NYSE:CVX) added 0.67% or 0.75 points to end at 112.50 and McDonald’s Corporation (NYSE:MCD) was up 0.52% or 0.66 points to 127.65 in late trade.

The worst performers of the session were Wal-Mart Stores Inc (NYSE:WMT), which fell 1.13% or 0.81 points to trade at 70.93 at the close. Nike Inc (NYSE:NKE) declined 0.92% or 0.53 points to end at 57.16 and E I du Pont de Nemours & Co (NYSE:DD) was down 0.87% or 0.69 points to 78.54.

The top performers on the S&P 500 were Albemarle Corporation (NYSE:ALB) which rose 9.79% to 101.51, Priceline.com Incorporated (NASDAQ:PCLN) which was up 5.64% to settle at 1724.13 and Archer-Daniels-Midland Company (NYSE:ADM) which gained 3.53% to close at 46.97.

The worst performers were Signet Jewelers Ltd (NYSE:SIG) which was down 12.75% to 63.59 in late trade, Target Corporation (NYSE:TGT) which lost 12.17% to settle at 58.77 and Perrigo Co (NYSE:PRGO) which was down 11.70% to 74.77 at the close.

The top performers on the NASDAQ Composite were Kite Pharma (NASDAQ:KITE) which rose 24.34% to 70.66, Prima BioMed Ltd (NASDAQ:PBMD) which was up 22.59% to settle at 2.9300 and Crispr Therapeutics AG (NASDAQ:CRSP) which gained 18.95% to close at 23.73.

The worst performers were Essendant Inc (NASDAQ:ESND) which was down 27.89% to 15.93 in late trade, Atlantic Alliance Partnership Corp (NASDAQ:AAPC) which lost 25.11% to settle at 14.20 and Fiesta Restaurant Group Inc (NASDAQ:FRGI) which was down 23.51% to 19.850 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2086 to 1147 and 32 ended unchanged; on the Nasdaq Stock Exchange, 2010 fell and 537 advanced, while 83 ended unchanged.

Shares in Albemarle Corporation (NYSE:ALB) rose to all time highs; rising 9.79% or 9.05 to 101.51. Shares in Signet Jewelers Ltd (NYSE:SIG) fell to 3-years lows; down 12.75% or 9.29 to 63.59. Shares in Priceline.com Incorporated (NASDAQ:PCLN) rose to all time highs; rising 5.64% or 92.12 to 1724.13. Shares in Target Corporation (NYSE:TGT) fell to 52-week lows; down 12.17% or 8.14 to 58.77. Shares in Kite Pharma (NASDAQ:KITE) rose to 52-week highs; up 24.34% or 13.83 to 70.66. Shares in Crispr Therapeutics AG (NASDAQ:CRSP) rose to all time highs; rising 18.95% or 3.78 to 23.73. Shares in Fiesta Restaurant Group Inc (NASDAQ:FRGI) fell to 3-years lows; falling 23.51% or 6.100 to 19.850.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.78% to 12.91 a new 1-month high.

Gold Futures for April delivery was down 0.77% or 9.75 to $1249.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.20% or 0.11 to hit $53.94 a barrel, while the May Brent oil contract rose 0.09% or 0.05 to trade at $56.47 a barrel.

EUR/USD was down 0.09% to 1.0577, while USD/JPY rose 0.14% to 112.86.

The US Dollar Index Futures was up 0.20% at 101.34.

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