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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.08%

Published 09/03/2019, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.08%
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Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Industrials, Technology and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 1.08%, while the S&P 500 index fell 0.69%, and the NASDAQ Composite index declined 1.11%.

The best performers of the session on the Dow Jones Industrial Average were Pfizer Inc (NYSE:PFE), which rose 1.60% or 0.57 points to trade at 36.12 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 0.94% or 1.13 points to end at 121.36 and Coca-Cola Company (NYSE:KO) was up 0.47% or 0.26 points to 55.30 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 2.66% or 9.67 points to trade at 354.42 at the close. Goldman Sachs Group Inc (NYSE:GS) declined 2.42% or 4.94 points to end at 198.97 and American Express Company (NYSE:AXP) was down 2.30% or 2.77 points to 117.60.

The top performers on the S&P 500 were DaVita HealthCare Partners Inc (NYSE:DVA) which rose 3.85% to 58.54, American Tower Corp (NYSE:AMT) which was up 3.32% to settle at 237.84 and Everest Re Group Ltd (NYSE:RE) which gained 3.07% to close at 241.67.

The worst performers were Alexion Pharmaceuticals Inc (NASDAQ:ALXN) which was down 5.54% to 95.18 in late trade, IPG Photonics Corporation (NASDAQ:IPGP) which lost 5.23% to settle at 117.26 and Concho Resources Inc (NYSE:CXO) which was down 5.07% to 69.44 at the close.

The top performers on the NASDAQ Composite were Abeona Therapeutics Inc (NASDAQ:ABEO) which rose 90.91% to 2.940, Ardelyx Inc (NASDAQ:ARDX) which was up 71.18% to settle at 5.82 and Cidara Therapeutics Inc (NASDAQ:CDTX) which gained 39.88% to close at 2.35.

The worst performers were CIM Commercial Trust Corp (NASDAQ:CMCT) which was down 8.78% to 16.420 in late trade, Millendo Therapeutics Inc (NASDAQ:MLND) which lost 22.44% to settle at 4.70 and NAPCO Security Technologies Inc (NASDAQ:NSSC) which was down 21.87% to 26.940 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1876 to 1103 and 62 ended unchanged; on the Nasdaq Stock Exchange, 1932 fell and 750 advanced, while 62 ended unchanged.

Shares in American Tower Corp (NYSE:AMT) rose to all time highs; rising 3.32% or 7.65 to 237.84. Shares in Coca-Cola Company (NYSE:KO) rose to all time highs; gaining 0.47% or 0.26 to 55.30. Shares in Ardelyx Inc (NASDAQ:ARDX) rose to 52-week highs; gaining 71.18% or 2.42 to 5.82. Shares in Millendo Therapeutics Inc (NASDAQ:MLND) fell to 52-week lows; down 22.44% or 1.36 to 4.70.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.58% to 19.66.

Gold Futures for December delivery was up 1.75% or 26.80 to $1556.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.09% or 1.15 to hit $53.95 a barrel, while the November Brent oil contract fell 0.03% or 0.02 to trade at $58.20 a barrel.

EUR/USD was up 0.05% to 1.0977, while USD/JPY rose 0.01% to 105.94.

The US Dollar Index Futures was up 0.08% at 98.938.

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