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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.15%

Published 08/20/2024, 04:30 PM
Updated 08/20/2024, 04:35 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.15%
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Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Basic Materials and Financials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.15%, while the S&P 500 index declined 0.20%, and the NASDAQ Composite index lost 0.35%.

The best performers of the session on the Dow Jones Industrial Average were Procter & Gamble Company (NYSE:PG), which rose 1.18% or 1.99 points to trade at 170.41 at the close. Meanwhile, Home Depot Inc (NYSE:HD) added 1.16% or 4.20 points to end at 367.27 and Walmart Inc (NYSE:WMT) was up 1.13% or 0.83 points to 74.55 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 4.20% or 7.54 points to trade at 172.10 at the close. Intel Corporation (NASDAQ:INTC) declined 2.46% or 0.53 points to end at 20.99 and Dow Inc (NYSE:DOW) was down 1.75% or 0.94 points to 52.71.

The top performers on the S&P 500 were Palo Alto Networks Inc (NASDAQ:PANW) which rose 7.18% to 368.01, Darden Restaurants Inc (NYSE:DRI) which was up 3.65% to settle at 155.15 and PayPal Holdings Inc (NASDAQ:PYPL) which gained 3.54% to close at 71.89.

The worst performers were Insulet Corporation (NASDAQ:PODD) which was down 6.87% to 182.47 in late trade, DexCom Inc (NASDAQ:DXCM) which lost 6.23% to settle at 72.85 and Phillips 66 (NYSE:PSX) which was down 4.99% to 132.39 at the close.

The top performers on the NASDAQ Composite were Redhill Biopharma Ltd (NASDAQ:RDHL) which rose 2,622.74% to 8.74, Cadrenal Therapeutics Inc (NASDAQ:CVKD) which was up 1,686.87% to settle at 7.18 and InMed Pharmaceuticals Inc (NASDAQ:INM) which gained 191.22% to close at 0.43.

The worst performers were ENDRA Life Sciences Inc (NASDAQ:NDRA) which was down 59.51% to 0.66 in late trade, Mynaric AG ADR (NASDAQ:MYNA) which lost 56.22% to settle at 1.83 and Yoshiharu Global Co (NASDAQ:YOSH) which was down 34.78% to 4.80 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1878 to 930 and 111 ended unchanged; on the Nasdaq Stock Exchange, 2217 fell and 1108 advanced, while 122 ended unchanged.

Shares in PayPal Holdings Inc (NASDAQ:PYPL) rose to 52-week highs; up 3.54% or 2.46 to 71.89. Shares in Walmart Inc (NYSE:WMT) rose to all time highs; up 1.13% or 0.83 to 74.55. Shares in ENDRA Life Sciences Inc (NASDAQ:NDRA) fell to all time lows; losing 59.51% or 0.97 to 0.66. Shares in Mynaric AG ADR (NASDAQ:MYNA) fell to all time lows; falling 56.22% or 2.35 to 1.83.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 8.40% to 15.88.

Gold Futures for December delivery was up 0.53% or 13.40 to $2,554.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.64% or 0.47 to hit $73.19 a barrel, while the October Brent oil contract fell 0.53% or 0.41 to trade at $77.25 a barrel.

EUR/USD was unchanged 0.40% to 1.11, while USD/JPY fell 0.91% to 145.24.

The US Dollar Index Futures was down 0.50% at 101.22.

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