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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.36%

Published 10/17/2018, 04:25 PM
Updated 10/17/2018, 04:26 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.36%
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Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Industrials and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.36%, while the S&P 500 index fell 0.03%, and the NASDAQ Composite index fell 0.04%.

The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 2.97% or 6.58 points to trade at 228.28 at the close. Meanwhile, Johnson & Johnson (NYSE:JNJ) added 2.12% or 2.90 points to end at 139.46 and McDonald’s Corporation (NYSE:MCD) was up 1.65% or 2.70 points to 166.77 in late trade.

The worst performers of the session were International Business Machines (NYSE:IBM), which fell 7.63% or 11.07 points to trade at 134.05 at the close. Home Depot Inc (NYSE:HD) declined 4.34% or 8.41 points to end at 185.17 and UnitedHealth Group Incorporated (NYSE:UNH) was down 1.93% or 5.27 points to 267.30.

The top performers on the S&P 500 were United Continental Holdings Inc (NASDAQ:UAL) which rose 5.95% to 88.49, Netflix Inc (NASDAQ:NFLX) which was up 5.28% to settle at 364.70 and US Bancorp (NYSE:USB) which gained 3.79% to close at 52.90.

The worst performers were International Business Machines (NYSE:IBM) which was down 7.63% to 134.05 in late trade, AutoZone Inc (NYSE:AZO) which lost 7.60% to settle at 714.71 and Campbell Soup Company (NYSE:CPB) which was down 5.42% to 36.32 at the close.

The top performers on the NASDAQ Composite were Yulong Eco-Materials Ltd (NASDAQ:YECO) which rose 569.69% to 10.200, China Advanced Construction Materials (NASDAQ:CADC) which was up 62.28% to settle at 3.700 and Sears Holdings Corporation (NASDAQ:SHLD) which gained 57.50% to close at 0.63.

The worst performers were Revolution Lighting Technologies (NASDAQ:RVLT) which was down 38.28% to 1.5800 in late trade, Bridgeline Digital Inc (NASDAQ:BLIN) which lost 32.41% to settle at 0.4721 and Blink Charging Co (NASDAQ:BLNK) which was down 31.18% to 2.4500 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1930 to 1116 and 111 ended unchanged; on the Nasdaq Stock Exchange, 1465 fell and 1136 advanced, while 112 ended unchanged.

Shares in International Business Machines (NYSE:IBM) fell to 52-week lows; down 7.63% or 11.07 to 134.05. Shares in International Business Machines (NYSE:IBM) fell to 52-week lows; losing 7.63% or 11.07 to 134.05. Shares in Yulong Eco-Materials Ltd (NASDAQ:YECO) rose to 52-week highs; up 569.69% or 8.677 to 10.200. Shares in Revolution Lighting Technologies (NASDAQ:RVLT) fell to 5-year lows; falling 38.28% or 0.9800 to 1.5800. Shares in Bridgeline Digital Inc (NASDAQ:BLIN) fell to all time lows; falling 32.41% or 0.2264 to 0.4721.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.25% to 17.40.

Gold Futures for December delivery was down 0.43% or 5.30 to $1225.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.59% or 1.86 to hit $70.06 a barrel, while the December Brent oil contract fell 1.36% or 1.11 to trade at $80.30 a barrel.

EUR/USD was down 0.64% to 1.1500, while USD/JPY rose 0.31% to 112.60.

The US Dollar Index Futures was up 0.59% at 95.34.

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