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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.51%

Published 01/18/2022, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.51%
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DJI
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CVX
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CAT
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CSCO
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CTXS
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CF
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V
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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 lost 1.51%, while the S&P 500 index lost 1.83%, and the NASDAQ Composite index fell 2.60%.

The best performers of the session on the Dow Jones Industrial Average were Visa Inc Class A (NYSE:V), which rose 0.48% or 1.04 points to trade at 215.71 at the close. Meanwhile, Caterpillar Inc (NYSE:CAT) added 0.41% or 0.93 points to end at 229.87 and Chevron Corp (NYSE:CVX) was up 0.33% or 0.42 points to 129.38 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 6.97% or 26.54 points to trade at 354.40 at the close. JPMorgan Chase & Co (NYSE:JPM) declined 4.19% or 6.62 points to end at 151.27 and Cisco Systems Inc (NASDAQ:CSCO) was down 2.66% or 1.63 points to 59.73.

The top performers on the S&P 500 were Activision Blizzard Inc (NASDAQ:ATVI) which rose 25.88% to 82.31, Citrix Systems Inc (NASDAQ:CTXS) which was up 5.43% to settle at 101.00 and CF Industries Holdings Inc (NYSE:CF) which gained 2.72% to close at 68.25.

The worst performers were Moderna Inc (NASDAQ:MRNA) which was down 8.85% to 186.61 in late trade, Applied Materials Inc (NASDAQ:AMAT) which lost 8.77% to settle at 152.36 and KLA-Tencor Corporation (NASDAQ:KLAC) which was down 7.20% to 412.98 at the close.

The top performers on the NASDAQ Composite were Brickell Biotech Inc (NASDAQ:BBI) which rose 58.58% to 0.3300, DatChat Inc (NASDAQ:DATS) which was up 38.75% to settle at 3.33 and NeuroMetrix Inc (NASDAQ:NURO) which gained 29.47% to close at 6.370.

The worst performers were China SXT Pharmaceuticals Inc (NASDAQ:SXTC) which was down 58.77% to 0.2216 in late trade, Guardforce AI Co Ltd (NASDAQ:GFAI) which lost 29.01% to settle at 1.15 and East Stone Acquisition Corp (NASDAQ:ESSC) which was down 28.19% to 11.16 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2766 to 538 and 99 ended unchanged; on the Nasdaq Stock Exchange, 3171 fell and 696 advanced, while 174 ended unchanged.

Shares in Chevron Corp (NYSE:CVX) rose to 3-years highs; rising 0.33% or 0.42 to 129.38. Shares in China SXT Pharmaceuticals Inc (NASDAQ:SXTC) fell to all time lows; down 58.77% or 0.3159 to 0.2216.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 18.76% to 22.79.

Gold Futures for February delivery was down 0.17% or 3.05 to $1813.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 3.10% or 2.58 to hit $85.88 a barrel, while the March Brent oil contract rose 0.14% or 0.12 to trade at $88.62 a barrel.

EUR/USD was up 0.02% to 1.1328, while USD/JPY fell 0.00% to 114.61.

The US Dollar Index Futures was up 0.58% at 95.710.

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