🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.45%

Published 02/03/2022, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.45%
US500
-
DJI
-
MSFT
-
KO
-
DXC
-
HUM
-
HON
-
CRM
-
UNH
-
PG
-
IXIC
-
TMUS
-
DJUSCY
-
DJUSIN
-
DJUSTC
-
META
-
XYL
-
VIX
-
QRVO
-
KAVL
-
BCDA
-
TLMD
-
RDBX
-
DAVE
-

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

At the close in NYSE, the Dow Jones Industrial Average declined 1.45%, while the S&P 500 index lost 2.44%, and the NASDAQ Composite index lost 3.74%.

The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 1.87% or 8.99 points to trade at 488.77 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 0.95% or 1.54 points to end at 164.14 and Coca-Cola Co (NYSE:KO) was up 0.70% or 0.43 points to 61.61 in late trade.

The worst performers of the session were Honeywell International Inc (NASDAQ:HON), which fell 7.61% or 15.80 points to trade at 191.75 at the close. Salesforce.com Inc (NYSE:CRM) declined 5.44% or 12.24 points to end at 212.77 and Microsoft Corporation (NASDAQ:MSFT) was down 3.80% or 11.91 points to 301.55.

The top performers on the S&P 500 were DXC Technology Co (NYSE:DXC) which rose 13.75% to 34.91, T-Mobile US Inc (NASDAQ:TMUS) which was up 10.22% to settle at 120.78 and Humana Inc (NYSE:HUM) which gained 6.23% to close at 426.21.

The worst performers were Meta Platforms Inc (NASDAQ:FB) which was down 26.44% to 237.60 in late trade, Xylem Inc (NYSE:XYL) which lost 12.18% to settle at 91.49 and Qorvo Inc (NASDAQ:QRVO) which was down 10.33% to 128.72 at the close.

The top performers on the NASDAQ Composite were Soc Telemed Inc (NASDAQ:TLMD) which rose 342.82% to 2.850, Kaival Brands Innovations Group Inc (NASDAQ:KAVL) which was up 92.06% to settle at 1.210 and Biocardia Inc (NASDAQ:BCDA) which gained 27.39% to close at 2.000.

The worst performers were Meta Platforms Inc (NASDAQ:FB) which was down 26.44% to 237.60 in late trade, Dave Inc (NASDAQ:DAVE) which lost 22.27% to settle at 10.82 and Redbox Entertainment Inc (NASDAQ:RDBX) which was down 20.39% to 2.030 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2651 to 604 and 87 ended unchanged; on the Nasdaq Stock Exchange, 2994 fell and 835 advanced, while 168 ended unchanged.

Shares in Meta Platforms Inc (NASDAQ:FB) fell to 52-week lows; losing 26.44% or 85.40 to 237.60. Shares in Xylem Inc (NYSE:XYL) fell to 52-week lows; losing 12.18% or 12.69 to 91.49. Shares in Honeywell International Inc (NASDAQ:HON) fell to 52-week lows; down 7.61% or 15.80 to 191.75. Shares in Coca-Cola Co (NYSE:KO) rose to all time highs; rising 0.70% or 0.43 to 61.61. Shares in Meta Platforms Inc (NASDAQ:FB) fell to 52-week lows; falling 26.44% or 85.40 to 237.60. Shares in Redbox Entertainment Inc (NASDAQ:RDBX) fell to all time lows; down 20.39% or 0.520 to 2.030.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 10.23% to 24.35.

Gold Futures for April delivery was down 0.28% or 5.05 to $1805.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.16% or 1.91 to hit $90.17 a barrel, while the April Brent oil contract fell 0.05% or 0.05 to trade at $90.94 a barrel.

EUR/USD was down 0.02% to 1.1436, while USD/JPY rose 0.01% to 114.96.

The US Dollar Index Futures was down 0.62% at 95.343.

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.