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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.67%

Published 04/13/2017, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.67%
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Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the Oil & Gas, Basic Materials and Financials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.67% to hit a new 1-month low, while the S&P 500 index fell 0.68%, and the NASDAQ Composite index lost 0.53%.

The best performers of the session on the Dow Jones Industrial Average were Visa Inc (NYSE:V), which rose 0.21% or 0.19 points to trade at 88.87 at the close. Meanwhile, Walt Disney Company (NYSE:DIS) added 0.14% or 0.16 points to end at 113.20 and Pfizer Inc (NYSE:PFE) was down 0.12% or 0.04 points to 33.88 in late trade.

The worst performers of the session were Chevron Corporation (NYSE:CVX), which fell 2.63% or 2.87 points to trade at 106.10 at the close. Caterpillar Inc (NYSE:CAT) declined 1.86% or 1.76 points to end at 93.10 and Exxon Mobil Corporation (NYSE:XOM) was down 1.54% or 1.28 points to 81.69.

The top performers on the S&P 500 were Alexion Pharmaceuticals Inc (NASDAQ:ALXN) which rose 3.30% to 118.35, Incyte Corporation (NASDAQ:INCY) which was up 1.86% to settle at 140.84 and Coty Inc (NYSE:COTY) which gained 1.65% to close at 17.89.

The worst performers were Southwestern Energy Company (NYSE:SWN) which was down 4.96% to 7.48 in late trade, Frontier Communications Corporation (NASDAQ:FTR) which lost 4.43% to settle at 1.94 and Chesapeake Energy Corporation (NYSE:CHK) which was down 4.23% to 5.890 at the close.

The top performers on the NASDAQ Composite were Nexvet Biopharma (NASDAQ:NVET) which rose 60.29% to 6.620, China Auto Logistics Inc (NASDAQ:CALI) which was up 25.10% to settle at 2.990 and TrovaGene Inc (NASDAQ:TROV) which gained 21.34% to close at 1.040.

The worst performers were SkyPeople Fruit Juice Inc (NASDAQ:SPU) which was down 43.35% to 2.9400 in late trade, Sorrento Therape (NASDAQ:SRNE) which lost 38.98% to settle at 1.80 and MoSys Inc (NASDAQ:MOSY) which was down 35.57% to 1.2500 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2233 to 949 and 47 ended unchanged; on the Nasdaq Stock Exchange, 1704 fell and 795 advanced, while 114 ended unchanged.

Shares in Frontier Communications Corporation (NASDAQ:FTR) fell to 5-year lows; down 4.43% or 0.09 to 1.94. Shares in Nexvet Biopharma (NASDAQ:NVET) rose to 52-week highs; rising 60.29% or 2.490 to 6.620. Shares in Sorrento Therape (NASDAQ:SRNE) fell to 3-years lows; down 38.98% or 1.15 to 1.80. Shares in MoSys Inc (NASDAQ:MOSY) fell to 5-year lows; losing 35.57% or 0.6900 to 1.2500.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.03% to 16.09 a new 3-months high.

Gold Futures for June delivery was up 0.85% or 10.85 to $1288.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.04% or 0.02 to hit $53.13 a barrel, while the June Brent oil contract rose 0.02% or 0.01 to trade at $55.87 a barrel.

EUR/USD was down 0.47% to 1.0615, while USD/JPY rose 0.13% to 109.17.

The US Dollar Index Futures was up 0.44% at 100.50.

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