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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.31%

Published 08/19/2020, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.31%
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Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Consumer Services and Healthcare sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.31%, while the S&P 500 index declined 0.44%, and the NASDAQ Composite index lost 0.57%.

The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 1.33% or 1.42 points to trade at 108.39 at the close. Meanwhile, Visa Inc Class A (NYSE:V) added 0.99% or 1.98 points to end at 200.99 and Goldman Sachs Group Inc (NYSE:GS) was up 0.85% or 1.71 points to 203.02 in late trade.

The worst performers of the session were Coca-Cola Company (NYSE:KO), which fell 2.17% or 1.05 points to trade at 47.37 at the close. Walmart Inc (NYSE:WMT) declined 1.71% or 2.30 points to end at 132.41 and The Travelers Companies Inc (NYSE:TRV) was down 1.51% or 1.73 points to 113.20.

The top performers on the S&P 500 were Target Corporation (NYSE:TGT) which rose 12.65% to 154.22, Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which was up 3.68% to settle at 14.94 and CenturyLink Inc (NYSE:CTL) which gained 3.58% to close at 11.29.

The worst performers were Jack Henry & Associates Inc (NASDAQ:JKHY) which was down 12.88% to 172.22 in late trade, TJX Companies Inc (NYSE:TJX) which lost 5.38% to settle at 54.36 and Gilead Sciences Inc (NASDAQ:GILD) which was down 4.87% to 65.70 at the close.

The top performers on the NASDAQ Composite were Sypris Solutions Inc (NASDAQ:SYPR) which rose 81.37% to 1.8500, Momenta Pharmaceuticals Inc (NASDAQ:MNTA) which was up 69.17% to settle at 52.12 and Innodata Inc (NASDAQ:INOD) which gained 45.83% to close at 2.450.

The worst performers were Biomarin Pharmaceutical Inc (NASDAQ:BMRN) which was down 35.28% to 76.72 in late trade, GreenPro Capital Corp (NASDAQ:GRNQ) which lost 31.52% to settle at 1.1300 and Galapagos NV ADR (NASDAQ:GLPG) which was down 25.03% to 141.00 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1835 to 1197 and 99 ended unchanged; on the Nasdaq Stock Exchange, 1464 fell and 1325 advanced, while 92 ended unchanged.

Shares in Target Corporation (NYSE:TGT) rose to all time highs; up 12.65% or 17.32 to 154.22. Shares in Freeport-McMoran Copper & Gold Inc (NYSE:FCX) rose to 52-week highs; up 3.68% or 0.53 to 14.94. Shares in Nike Inc (NYSE:NKE) rose to all time highs; up 1.33% or 1.42 to 108.39. Shares in Sypris Solutions Inc (NASDAQ:SYPR) rose to 3-years highs; rising 81.37% or 0.8300 to 1.8500. Shares in Momenta Pharmaceuticals Inc (NASDAQ:MNTA) rose to all time highs; gaining 69.17% or 21.31 to 52.12. Shares in Innodata Inc (NASDAQ:INOD) rose to 3-years highs; gaining 45.83% or 0.770 to 2.450. Shares in Galapagos NV ADR (NASDAQ:GLPG) fell to 52-week lows; down 25.03% or 47.08 to 141.00.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 4.79% to 22.54.

Gold Futures for December delivery was down 3.91% or 78.70 to $1934.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.39% or 0.17 to hit $42.95 a barrel, while the October Brent oil contract fell 0.04% or 0.02 to trade at $45.17 a barrel.

EUR/USD was up 0.04% to 1.1841, while USD/JPY rose 0.03% to 106.13.

The US Dollar Index Futures was up 0.83% at 93.025.

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