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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.35%

Published 10/21/2020, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.35%
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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 Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.35%, while the S&P 500 index lost 0.22%, and the NASDAQ Composite index declined 0.28%.

The best performers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which rose 5.83% or 6.89 points to trade at 125.00 at the close. Meanwhile, Walt Disney Company (NYSE:DIS) added 1.34% or 1.68 points to end at 126.63 and Nike Inc (NYSE:NKE) was up 0.73% or 0.94 points to 129.43 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 2.46% or 5.12 points to trade at 202.91 at the close. Boeing Co (NYSE:BA) declined 2.02% or 3.38 points to end at 163.86 and International Business Machines (NYSE:IBM) was down 1.97% or 2.31 points to 115.06.

The top performers on the S&P 500 were Twitter Inc (NYSE:TWTR) which rose 8.39% to 50.24, Chubb Ltd (NYSE:CB) which was up 7.48% to settle at 128.22 and Kohls Corp (NYSE:KSS) which gained 6.73% to close at 22.04.

The worst performers were Netflix Inc (NASDAQ:NFLX) which was down 6.92% to 489.05 in late trade, Pioneer Natural Resources Co (NYSE:PXD) which lost 6.09% to settle at 78.44 and Alliance Data Systems Corp (NYSE:ADS) which was down 6.09% to 48.61 at the close.

The top performers on the NASDAQ Composite were Insignia Systems Inc (NASDAQ:ISIG) which rose 154.99% to 1.7500, Marin Software Inc (NASDAQ:MRIN) which was up 149.01% to settle at 3.760 and Astrotech Corp (NASDAQ:ASTC) which gained 58.58% to close at 2.680.

The worst performers were Zosano Pharma Corp (NASDAQ:ZSAN) which was down 27.74% to 0.444 in late trade, TuanChe ADR (NASDAQ:TC) which lost 23.23% to settle at 0.760 and Anchiano Therapeutics Ltd (NASDAQ:ANCN) which was down 21.62% to 1.160 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1947 to 1101 and 138 ended unchanged; on the Nasdaq Stock Exchange, 1776 fell and 1087 advanced, while 100 ended unchanged.

Shares in Twitter Inc (NYSE:TWTR) rose to 5-year highs; up 8.39% or 3.89 to 50.24. Shares in Insignia Systems Inc (NASDAQ:ISIG) rose to 52-week highs; rising 154.99% or 1.0637 to 1.7500. Shares in Marin Software Inc (NASDAQ:MRIN) rose to 52-week highs; up 149.01% or 2.250 to 3.760.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.38% to 28.65.

Gold Futures for December delivery was up 0.65% or 12.40 to $1927.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 4.08% or 1.70 to hit $40.00 a barrel, while the December Brent oil contract unchanged 0.00% or 0.00 to trade at $41.72 a barrel.

EUR/USD was up 0.03% to 1.1864, while USD/JPY rose 0.01% to 104.57.

The US Dollar Index Futures was down 0.45% at 92.635.

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