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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.56%

Published 06/28/2022, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.56%
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Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Technology, Consumer Services and Consumer Goods sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 1.56%, while the S&P 500 index lost 2.01%, and the NASDAQ Composite index declined 2.98%.

The best performers of the session on the Dow Jones Industrial Average were Chevron Corp (NYSE:CVX), which rose 1.61% or 2.37 points to trade at 149.94 at the close. Meanwhile, Dow Inc (NYSE:DOW) added 0.59% or 0.31 points to end at 52.53 and UnitedHealth Group Incorporated (NYSE:UNH) was up 0.55% or 2.78 points to 508.44 in late trade.

The worst performers of the session were Nike Inc (NYSE:NKE), which fell 6.99% or 7.72 points to trade at 102.78 at the close. Salesforce.com Inc (NYSE:CRM) declined 5.43% or 9.85 points to end at 171.46 and Home Depot Inc (NYSE:HD) was down 4.44% or 12.54 points to 270.15.

The top performers on the S&P 500 were Hess Corporation (NYSE:HES) which rose 5.57% to 112.92, Occidental Petroleum Corporation (NYSE:OXY) which was up 4.77% to settle at 61.71 and Marathon Oil Corporation (NYSE:MRO) which gained 4.37% to close at 24.13.

The worst performers were Etsy Inc (NASDAQ:ETSY) which was down 8.20% to 74.04 in late trade, Enphase Energy Inc (NASDAQ:ENPH) which lost 7.53% to settle at 190.65 and Nike Inc (NYSE:NKE) which was down 6.99% to 102.78 at the close.

The top performers on the NASDAQ Composite were Agile Thrpe (NASDAQ:AGRX) which rose 89.76% to 2.41, Endo International PLC (NASDAQ:ENDP) which was up 85.33% to settle at 0.71 and HTG Molecular Diagnostics Inc (NASDAQ:HTGM) which gained 52.17% to close at 0.84.

The worst performers were Cognyte Software Ltd (NASDAQ:CGNT) which was down 28.66% to 4.58 in late trade, Phoenix Motor Inc (NASDAQ:PEV) which lost 25.26% to settle at 5.00 and Wavedancer Inc (NASDAQ:WAVD) which was down 24.86% to 1.30 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2192 to 950 and 118 ended unchanged; on the Nasdaq Stock Exchange, 2790 fell and 1028 advanced, while 178 ended unchanged.

Shares in Nike Inc (NYSE:NKE) fell to 52-week lows; losing 6.99% or 7.72 to 102.78. Shares in Nike Inc (NYSE:NKE) fell to 52-week lows; down 6.99% or 7.72 to 102.78. Shares in Cognyte Software Ltd (NASDAQ:CGNT) fell to 52-week lows; down 28.66% or 1.84 to 4.58. Shares in Wavedancer Inc (NASDAQ:WAVD) fell to 52-week lows; down 24.86% or 0.43 to 1.30.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 5.23% to 28.36.

Gold Futures for August delivery was down 0.19% or 3.55 to $1,821.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.94% or 2.13 to hit $111.70 a barrel, while the September Brent oil contract rose 2.50% or 2.77 to trade at $113.75 a barrel.

EUR/USD was down 0.60% to 1.05, while USD/JPY rose 0.58% to 136.21.

The US Dollar Index Futures was up 0.58% at 104.28.

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