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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.01%

Published 12/03/2019, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.01%
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Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Basic Materials and Consumer Services sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 1.01%, while the S&P 500 index declined 0.66%, and the NASDAQ Composite index declined 0.55%.

The best performers of the session on the Dow Jones Industrial Average were Merck & Company Inc (NYSE:MRK), which rose 0.39% or 0.34 points to trade at 87.38 at the close. Meanwhile, Verizon Communications Inc (NYSE:VZ) added 0.30% or 0.18 points to end at 60.14 and Procter & Gamble Company (NYSE:PG) was up 0.19% or 0.23 points to 122.95 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 2.76% or 1.59 points to trade at 56.07 at the close. Dow Inc (NYSE:DOW) declined 2.52% or 1.34 points to end at 51.82 and Goldman Sachs Group Inc (NYSE:GS) was down 2.48% or 5.40 points to 212.24.

The top performers on the S&P 500 were Crown Castle International Corp (NYSE:CCI) which rose 2.44% to 134.15, DXC Technology Co (NYSE:DXC) which was up 2.33% to settle at 36.90 and Take-Two Interactive Software Inc (NASDAQ:TTWO) which gained 1.97% to close at 123.11.

The worst performers were Apache Corporation (NYSE:APA) which was down 5.94% to 18.38 in late trade, Unum Group (NYSE:UNM) which lost 5.05% to settle at 28.94 and Cimarex Energy Co (NYSE:XEC) which was down 4.72% to 45.41 at the close.

The top performers on the NASDAQ Composite were Audentes Therapeutics Inc (NASDAQ:BOLD) which rose 105.98% to 58.93, OUTLOOK THERAPEUTICS INC (NASDAQ:OTLK) which was up 53.12% to settle at 1.59 and Motif Bio PLC (NASDAQ:MTFB) which gained 50.05% to close at 0.14.

The worst performers were Aslan Pharmaceuticals Ltd ADR (NASDAQ:ASLN) which was down 49.62% to 2.62 in late trade, Protagonist Therapeutics Inc (NASDAQ:PTGX) which lost 47.01% to settle at 4.69 and Cara Therapeutic (NASDAQ:CARA) which was down 34.56% to 16.93 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1742 to 1094 and 97 ended unchanged; on the Nasdaq Stock Exchange, 1641 fell and 996 advanced, while 81 ended unchanged.

Shares in Apache Corporation (NYSE:APA) fell to 5-year lows; down 5.94% or 1.16 to 18.38. Shares in Audentes Therapeutics Inc (NASDAQ:BOLD) rose to all time highs; gaining 105.98% or 30.32 to 58.93. Shares in Protagonist Therapeutics Inc (NASDAQ:PTGX) fell to all time lows; down 47.01% or 4.16 to 4.69.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 7.04% to 15.96 a new 1-month high.

Gold Futures for February delivery was up 0.97% or 14.25 to $1483.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.61% or 0.34 to hit $56.30 a barrel, while the February Brent oil contract rose 0.11% or 0.07 to trade at $61.15 a barrel.

EUR/USD was up 0.00% to 1.1081, while USD/JPY rose 0.02% to 108.64.

The US Dollar Index Futures was down 0.12% at 97.678.

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