Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.43%

Published 03/27/2018, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.43%
US500
-
DJI
-
MSFT
-
CSCO
-
GS
-
ADBE
-
NVDA
-
VZ
-
GE
-
PCG
-
PG
-
NFLX
-
IXIC
-
ASTC
-
JNP
-
DJUSCY
-
DJUSFN
-
DJUSTC
-
DRE
-
SHOS
-
VIX
-
ANIX
-
BOXL
-
LFIN
-

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Technology, Consumer Services and Financials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 1.43%, while the S&P 500 index fell 1.73%, and the NASDAQ Composite index lost 2.93%.

The best performers of the session on the Dow Jones Industrial Average were General Electric Company (NYSE:GE), which rose 4.27% or 0.55 points to trade at 13.44 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 1.81% or 1.38 points to end at 77.79 and Verizon Communications Inc (NYSE:VZ) was up 0.51% or 0.24 points to 47.31 in late trade.

The worst performers of the session were Microsoft Corporation (NASDAQ:MSFT), which fell 4.60% or 4.31 points to trade at 89.47 at the close. Cisco Systems Inc (NASDAQ:CSCO) declined 3.13% or 1.38 points to end at 42.68 and Goldman Sachs Group Inc (NYSE:GS) was down 2.99% or 7.62 points to 247.26.

The top performers on the S&P 500 were General Electric Company (NYSE:GE) which rose 4.27% to 13.44, Pacific Gas & Electric Co (NYSE:PCG) which was up 2.50% to settle at 43.94 and Duke Realty Corporation (NYSE:DRE) which gained 2.40% to close at 26.03.

The worst performers were NVIDIA Corporation (NASDAQ:NVDA) which was down 7.76% to 225.52 in late trade, Adobe Systems Incorporated (NASDAQ:ADBE) which lost 6.60% to settle at 213.80 and Netflix Inc (NASDAQ:NFLX) which was down 6.14% to 300.69 at the close.

The top performers on the NASDAQ Composite were Boxlight Corp Class A (NASDAQ:BOXL) which rose 32.67% to 3.98, Sears Hometown and Outlet Stores (NASDAQ:SHOS) which was up 30.95% to settle at 2.75 and Astrotech Corp (NASDAQ:ASTC) which gained 30.20% to close at 2.630.

The worst performers were LongFin Corp Class A (NASDAQ:LFIN) which was down 41.50% to 34.68 in late trade, Juniper Pharmaceuticals Inc (NASDAQ:JNP) which lost 26.07% to settle at 8.650 and ITUS Corp (NASDAQ:ITUS) which was down 21.36% to 3.350 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2137 to 967 and 98 ended unchanged; on the Nasdaq Stock Exchange, 1995 fell and 541 advanced, while 111 ended unchanged.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.80% to 22.46.

Gold Futures for April delivery was down 0.78% or 10.60 to $1344.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.02% or 0.67 to hit $64.88 a barrel, while the June Brent oil contract fell 0.63% or 0.44 to trade at $69.08 a barrel.

EUR/USD was down 0.32% to 1.2403, while USD/JPY fell 0.02% to 105.39.

The US Dollar Index Futures was up 0.37% at 88.97.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.