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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.77%

Published 08/10/2018, 04:25 PM
Updated 08/10/2018, 04:26 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.77%
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Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Basic Materials, Financials and Technology sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.77%, while the S&P 500 index declined 0.71%, and the NASDAQ Composite index fell 0.67%.

The best performers of the session on the Dow Jones Industrial Average were Walmart Inc (NYSE:WMT), which rose 1.31% or 1.17 points to trade at 90.18 at the close. Meanwhile, Chevron Corp (NYSE:CVX) added 0.66% or 0.81 points to end at 123.34 and Walgreens Boots Alliance Inc (NASDAQ:WBA) was up 0.48% or 0.32 points to 66.49 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 2.57% or 1.29 points to trade at 48.85 at the close. Caterpillar Inc (NYSE:CAT) declined 1.88% or 2.60 points to end at 135.92 and DowDuPont Inc (NYSE:DWDP) was down 1.85% or 1.28 points to 67.74.

The top performers on the S&P 500 were Helmerich & Payne Inc (NYSE:HP) which rose 3.50% to 62.62, Electronic Arts Inc (NASDAQ:EA) which was up 2.74% to settle at 131.32 and Flowserve Corporation (NYSE:FLS) which gained 2.52% to close at 50.10.

The worst performers were News Corp A (NASDAQ:NWSA) which was down 13.50% to 13.20 in late trade, News Corp B (NASDAQ:NWS) which lost 12.66% to settle at 13.45 and Microchip Technology Incorporated (NASDAQ:MCHP) which was down 10.88% to 87.41 at the close.

The top performers on the NASDAQ Composite were Chiasma Inc (NASDAQ:CHMA) which rose 40.00% to 1.75, Trade Desk Inc (NASDAQ:TTD) which was up 37.13% to settle at 127.93 and Sonoma Pharmaceuticals Inc (NASDAQ:SNOA) which gained 32.18% to close at 2.300.

The worst performers were Aralez Pharmaceuticals Inc (NASDAQ:ARLZ) which was down 83.14% to 0.06 in late trade, Gemphire Therapeutics Inc (NASDAQ:GEMP) which lost 44.95% to settle at 1.80 and Endologix Inc (NASDAQ:ELGX) which was down 36.92% to 2.99 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2013 to 1014 and 128 ended unchanged; on the Nasdaq Stock Exchange, 1487 fell and 1052 advanced, while 151 ended unchanged.

Shares in Flowserve Corporation (NYSE:FLS) rose to 52-week highs; gaining 2.52% or 1.23 to 50.10. Shares in Aralez Pharmaceuticals Inc (NASDAQ:ARLZ) fell to all time lows; down 83.14% or 0.28 to 0.06. Shares in Trade Desk Inc (NASDAQ:TTD) rose to all time highs; gaining 37.13% or 34.64 to 127.93. Shares in Gemphire Therapeutics Inc (NASDAQ:GEMP) fell to all time lows; down 44.95% or 1.47 to 1.80. Shares in Endologix Inc (NASDAQ:ELGX) fell to 5-year lows; down 36.92% or 1.75 to 2.99.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 16.95% to 13.18.

Gold Futures for December delivery was down 0.07% or 0.80 to $1219.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.36% or 0.91 to hit $67.72 a barrel, while the October Brent oil contract rose 1.18% or 0.85 to trade at $72.92 a barrel.

EUR/USD was down 1.04% to 1.1408, while USD/JPY fell 0.14% to 110.92.

The US Dollar Index Futures was up 0.75% at 96.18.

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