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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.82%

Published 04/20/2018, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.82%
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Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Consumer Goods, Technology and Consumer Services sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.82%, while the S&P 500 index fell 0.85%, and the NASDAQ Composite index declined 1.27%.

The best performers of the session on the Dow Jones Industrial Average were General Electric Company (NYSE:GE), which rose 3.93% or 0.55 points to trade at 14.54 at the close. Meanwhile, Nike Inc (NYSE:NKE) added 0.55% or 0.36 points to end at 66.09 and Merck & Company Inc (NYSE:MRK) was up 0.32% or 0.19 points to 58.83 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 4.10% or 7.08 points to trade at 165.72 at the close. International Business Machines (NYSE:IBM) declined 1.90% or 2.80 points to end at 144.90 and American Express Company (NYSE:AXP) was down 1.54% or 1.58 points to 100.79.

The top performers on the S&P 500 were Regions Financial Corporation (NYSE:RF) which rose 4.08% to 18.89, Xerox Corp (NYSE:XRX) which was up 3.99% to settle at 31.54 and General Electric Company (NYSE:GE) which gained 3.93% to close at 14.54.

The worst performers were Stanley Black & Decker Inc (NYSE:SWK) which was down 6.70% to 144.21 in late trade, Church & Dwight Company Inc (NYSE:CHD) which lost 5.91% to settle at 45.84 and Nielsen Holdings (NYSE:NLSN) which was down 4.78% to 33.04 at the close.

The top performers on the NASDAQ Composite were Valeritas Holdings Inc (NASDAQ:VLRX) which rose 76.27% to 3.12, Limelight Networks Inc (NASDAQ:LLNW) which was up 21.71% to settle at 4.990 and iPass Inc (NASDAQ:IPAS) which gained 18.69% to close at 0.4000.

The worst performers were Inpixon (NASDAQ:INPX) which was down 35.25% to 0.3950 in late trade, Cherokee Inc (NASDAQ:CHKE) which lost 35.24% to settle at 0.94 and Cambium Learning Group Inc (NASDAQ:ABCD) which was down 24.12% to 10.305 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2055 to 987 and 137 ended unchanged; on the Nasdaq Stock Exchange, 1514 fell and 1001 advanced, while 155 ended unchanged.

Shares in Inpixon (NASDAQ:INPX) fell to 5-year lows; falling 35.25% or 0.2150 to 0.3950. Shares in Cherokee Inc (NASDAQ:CHKE) fell to 5-year lows; losing 35.24% or 0.51 to 0.94.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 5.58% to 16.85.

Gold Futures for June delivery was down 0.77% or 10.40 to $1338.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.01% or 0.01 to hit $68.28 a barrel, while the June Brent oil contract rose 0.04% or 0.03 to trade at $73.81 a barrel.

EUR/USD was down 0.47% to 1.2288, while USD/JPY rose 0.22% to 107.60.

The US Dollar Index Futures was up 0.47% at 90.06.

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