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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.59%

Published 10/30/2020, 05:25 PM
©  Reuters U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.59%
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Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Consumer Services, Technology and Consumer Goods sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.59% to hit a new 1-month low, while the S&P 500 index fell 1.21%, and the NASDAQ Composite index fell 2.45%.

The best performers of the session on the Dow Jones Industrial Average were International Business Machines (NYSE:IBM), which rose 2.52% or 2.75 points to trade at 111.66 at the close. Meanwhile, Walgreens Boots Alliance Inc (NASDAQ:WBA) added 1.55% or 0.52 points to end at 34.04 and Caterpillar Inc (NYSE:CAT) was up 1.55% or 2.39 points to 157.06 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 5.57% or 6.42 points to trade at 108.90 at the close. Boeing Co (NYSE:BA) declined 2.64% or 3.91 points to end at 144.38 and Nike Inc (NYSE:NKE) was down 2.21% or 2.71 points to 120.15.

The top performers on the S&P 500 were Mohawk Industries Inc (NYSE:MHK) which rose 11.14% to 103.42, ResMed Inc (NYSE:RMD) which was up 7.01% to settle at 192.10 and Molson Coors Brewing Co Class B (NYSE:TAP) which gained 5.69% to close at 35.28.

The worst performers were Twitter Inc (NYSE:TWTR) which was down 21.13% to 41.35 in late trade, Archer-Daniels-Midland Company (NYSE:ADM) which lost 7.33% to settle at 46.26 and Western Union Company (NYSE:WU) which was down 7.03% to 19.43 at the close.

The top performers on the NASDAQ Composite were Marine Petroleum Trust (NASDAQ:MARPS) which rose 37.40% to 3.380, BioLineRx Ltd (NASDAQ:BLRX) which was up 35.14% to settle at 2.000 and Tricida Inc (NASDAQ:TCDA) which gained 28.83% to close at 5.63.

The worst performers were Axovant Gene Therapies Ltd (NASDAQ:AXGT) which was down 41.64% to 2.13 in late trade, Bellicum Pharmaceuticals Inc (NASDAQ:BLCM) which lost 36.78% to settle at 3.730 and Intec Pharma Ltd (NASDAQ:NTEC) which was down 25.23% to 2.3000 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1893 to 1041 and 82 ended unchanged; on the Nasdaq Stock Exchange, 1996 fell and 789 advanced, while 54 ended unchanged.

Shares in Intec Pharma Ltd (NASDAQ:NTEC) fell to 52-week highs; down 25.23% or 0.7760 to 2.3000.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.14% to 38.02.

Gold Futures for December delivery was up 0.57% or 10.70 to $1878.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.11% or 0.40 to hit $35.77 a barrel, while the January Brent oil contract fell 0.97% or 0.37 to trade at $37.89 a barrel.

EUR/USD was down 0.21% to 1.1649, while USD/JPY rose 0.06% to 104.67.

The US Dollar Index Futures was up 0.06% at 94.037.

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