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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.50%

Published 04/13/2018, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.50%
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Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Financials, Consumer Services and Technology sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.50%, while the S&P 500 index lost 0.29%, and the NASDAQ Composite index fell 0.47%.

The best performers of the session on the Dow Jones Industrial Average were General Electric Company (NYSE:GE), which rose 2.35% or 0.31 points to trade at 13.49 at the close. Meanwhile, Coca-Cola Company (NYSE:KO) added 1.09% or 0.48 points to end at 44.51 and Exxon Mobil Corporation (NYSE:XOM) was up 0.80% or 0.62 points to 77.84 in late trade.

The worst performers of the session were JPMorgan Chase & Co (NYSE:JPM), which fell 2.71% or 3.07 points to trade at 110.30 at the close. Boeing Co (NYSE:BA) declined 2.43% or 8.20 points to end at 329.28 and Intel Corporation (NASDAQ:INTC) was down 1.63% or 0.86 points to 51.86.

The top performers on the S&P 500 were Alaska Air Group Inc (NYSE:ALK) which rose 6.11% to 63.95, F5 Networks Inc (NASDAQ:FFIV) which was up 4.48% to settle at 155.00 and Concho Resources Inc (NYSE:CXO) which gained 3.21% to close at 151.02.

The worst performers were PNC Financial Services Group Inc (NYSE:PNC) which was down 4.14% to 145.46 in late trade, Under Armour Inc C (NYSE:UA) which lost 4.34% to settle at 14.340 and Advance Auto Parts Inc (NYSE:AAP) which was down 3.58% to 106.61 at the close.

The top performers on the NASDAQ Composite were Future Fintech Group Inc (NASDAQ:FTFT) which rose 26.90% to 2.5000, Turtle Beach Corp (NASDAQ:HEAR) which was up 26.54% to settle at 3.910 and Burcon Nutrascience Corp (NASDAQ:BUR) which gained 18.03% to close at 0.552.

The worst performers were Sphere 3D Corp (NASDAQ:ANY) which was down 43.55% to 0.621 in late trade, SemiLEDS Corporation (NASDAQ:LEDS) which lost 29.09% to settle at 3.9000 and Valeritas Holdings Inc (NASDAQ:VLRX) which was down 22.03% to 1.42 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1723 to 1331 and 142 ended unchanged; on the Nasdaq Stock Exchange, 1550 fell and 969 advanced, while 153 ended unchanged.

Shares in F5 Networks Inc (NASDAQ:FFIV) rose to all time highs; rising 4.48% or 6.65 to 155.00. Shares in Sphere 3D Corp (NASDAQ:ANY) fell to all time lows; losing 43.55% or 0.479 to 0.621. Shares in Turtle Beach Corp (NASDAQ:HEAR) rose to 52-week highs; gaining 26.54% or 0.820 to 3.910. Shares in Valeritas Holdings Inc (NASDAQ:VLRX) fell to all time lows; falling 22.03% or 0.40 to 1.42.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.79% to 17.42.

Gold Futures for June delivery was up 0.45% or 6.00 to $1347.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.31% or 0.21 to hit $67.28 a barrel, while the June Brent oil contract rose 0.58% or 0.42 to trade at $72.44 a barrel.

EUR/USD was up 0.08% to 1.2337, while USD/JPY rose 0.04% to 107.35.

The US Dollar Index Futures was down 0.02% at 89.47.

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