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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.59%

Published 09/30/2021, 04:25 PM
©  Reuters U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.59%
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Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the Consumer Goods, Financials and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 1.59% to hit a new 3-months low, while the S&P 500 index declined 1.19%, and the NASDAQ Composite index lost 0.44%.

The best performers of the session on the Dow Jones Industrial Average were Salesforce.com Inc (NYSE:CRM), which rose 0.27% or 0.72 points to trade at 271.22 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 0.03% or 0.02 points to end at 75.11 and International Business Machines (NYSE:IBM) was down 0.18% or 0.25 points to 138.93 in late trade.

The worst performers of the session were Walgreens Boots Alliance Inc (NASDAQ:WBA), which fell 3.37% or 1.64 points to trade at 47.07 at the close. 3M Company (NYSE:MMM) declined 3.02% or 5.46 points to end at 175.42 and Caterpillar Inc (NYSE:CAT) was down 2.98% or 5.90 points to 191.97.

The top performers on the S&P 500 were Perrigo Company PLC (NYSE:PRGO) which rose 8.80% to 47.33, Paychex Inc (NASDAQ:PAYX) which was up 4.29% to settle at 112.48 and Electronic Arts Inc (NASDAQ:EA) which gained 3.25% to close at 142.43.

The worst performers were CarMax Inc (NYSE:KMX) which was down 12.63% to 127.96 in late trade, Kohls Corp (NYSE:KSS) which lost 12.24% to settle at 47.09 and Nordstrom Inc (NYSE:JWN) which was down 8.98% to 26.45 at the close.

The top performers on the NASDAQ Composite were Progenity Inc (NASDAQ:PROG) which rose 40.74% to 1.520, Farmmi Inc (NASDAQ:FAMI) which was up 34.68% to settle at 0.4579 and Alzamend Neuro Inc (NASDAQ:ALZN) which gained 34.21% to close at 3.06.

The worst performers were Elite Education Group International Ltd (NASDAQ:EEIQ) which was down 36.87% to 4.110 in late trade, TDH Holdings Inc (NASDAQ:PETZ) which lost 30.43% to settle at 1.280 and Kaival Brands Innovations Group Inc (NASDAQ:KAVL) which was down 28.27% to 1.370 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2088 to 1162 and 106 ended unchanged; on the Nasdaq Stock Exchange, 1890 fell and 1740 advanced, while 161 ended unchanged.

Shares in Kaival Brands Innovations Group Inc (NASDAQ:KAVL) fell to 52-week lows; down 28.27% or 0.540 to 1.370.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.57% to 23.14.

Gold Futures for December delivery was up 2.02% or 34.85 to $1757.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.27% or 0.20 to hit $75.03 a barrel, while the December Brent oil contract rose 0.31% or 0.24 to trade at $78.33 a barrel.

EUR/USD was down 0.14% to 1.1579, while USD/JPY fell 0.62% to 111.26.

The US Dollar Index Futures was down 0.10% at 94.263.

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