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

Published 08/13/2018, 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 Monday, 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 0.50%, while the S&P 500 index declined 0.40%, and the NASDAQ Composite index lost 0.25%.

The best performers of the session on the Dow Jones Industrial Average were Merck & Company Inc (NYSE:MRK), which rose 1.00% or 0.66 points to trade at 66.73 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) added 0.65% or 1.34 points to end at 208.87 and Visa Inc (NYSE:V) was up 0.34% or 0.48 points to 140.21 in late trade.

The worst performers of the session were DowDuPont Inc (NYSE:DWDP), which fell 1.74% or 1.18 points to trade at 66.56 at the close. JPMorgan Chase & Co (NYSE:JPM) declined 1.58% or 1.83 points to end at 113.90 and International Business Machines (NYSE:IBM) was down 1.23% or 1.77 points to 142.71.

The top performers on the S&P 500 were Nielsen Holdings (NYSE:NLSN) which rose 12.02% to 24.61, Sysco Corporation (NYSE:SYY) which was up 6.22% to settle at 72.74 and News Corp B (NASDAQ:NWS) which gained 3.72% to close at 13.95.

The worst performers were Lennar Corporation (NYSE:LEN) which was down 4.87% to 50.78 in late trade, Chesapeake Energy Corporation (NYSE:CHK) which lost 4.61% to settle at 4.445 and Harley-Davidson Inc (NYSE:HOG) which was down 4.35% to 41.37 at the close.

The top performers on the NASDAQ Composite were ReShape Lifesciences Inc (NASDAQ:RSLS) which rose 38.00% to 0.1311, Ability Inc (NASDAQ:ABIL) which was up 30.22% to settle at 5.99 and iFresh Inc (NASDAQ:IFMK) which gained 29.25% to close at 3.80.

The worst performers were Sphere 3D Corp (NASDAQ:ANY) which was down 32.43% to 0.205 in late trade, Determine Inc (NASDAQ:DTRM) which lost 21.89% to settle at 0.929 and Broadway Financial Corporation (NASDAQ:BYFC) which was down 20.32% to 1.490 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2042 to 1029 and 41 ended unchanged; on the Nasdaq Stock Exchange, 1625 fell and 939 advanced, while 141 ended unchanged.

Shares in Sysco Corporation (NYSE:SYY) rose to all time highs; up 6.22% or 4.26 to 72.74. Shares in Merck & Company Inc (NYSE:MRK) rose to 5-year highs; rising 1.00% or 0.66 to 66.73. Shares in Sphere 3D Corp (NASDAQ:ANY) fell to all time lows; losing 32.43% or 0.098 to 0.205. Shares in Determine Inc (NASDAQ:DTRM) fell to all time lows; losing 21.89% or 0.261 to 0.929. Shares in Broadway Financial Corporation (NASDAQ:BYFC) fell to 52-week lows; losing 20.32% or 0.380 to 1.490.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 12.16% to 14.76 a new 1-month high.

Gold Futures for December delivery was down 1.50% or 18.30 to $1200.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.44% or 0.30 to hit $67.33 a barrel, while the October Brent oil contract fell 0.05% or 0.04 to trade at $72.77 a barrel.

EUR/USD was down 0.04% to 1.1406, while USD/JPY fell 0.14% to 110.65.

The US Dollar Index Futures was down 0.03% at 96.16.

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