🐂 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 2.84%

Published 06/26/2020, 05:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.84%
US500
-
DJI
-
DOW
-
CSCO
-
GS
-
JPM
-
SPY
-
NTAP
-
HBAN
-
GAP
-
PFE
-
KEY
-
NKE
-
FFIV
-
IXIC
-
STAB
-
STGW
-
SHIP
-
DJUSFN
-
DJUSEN
-
DJUSTC
-
IDEX
-
VIX
-
ARNC
-
BBCP
-
LKNCY
-

Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Oil & Gas, Financials and Technology sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 2.84% to hit a new 1-month low, while the S&P 500 index fell 2.42%, and the NASDAQ Composite index lost 2.59%.

The best performers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ:CSCO), which rose 2.41% or 1.09 points to trade at 46.31 at the close. Meanwhile, Dow Inc (NYSE:DOW) fell 0.45% or 0.18 points to end at 39.80 and Pfizer Inc (NYSE:PFE) was down 0.87% or 0.28 points to 32.04 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 8.65% or 17.91 points to trade at 189.19 at the close. Nike Inc (NYSE:NKE) declined 7.62% or 7.73 points to end at 93.67 and JPMorgan Chase & Co (NYSE:JPM) was down 5.48% or 5.37 points to 92.59.

The top performers on the S&P 500 were Gap Inc (NYSE:GPS) which rose 18.80% to 12.07, NetApp Inc (NASDAQ:NTAP) which was up 5.16% to settle at 43.99 and F5 Networks Inc (NASDAQ:FFIV) which gained 3.90% to close at 140.12.

The worst performers were Arconic Inc (NYSE:ARNC) which was down 11.58% to 13.67 in late trade, Huntington Bancshares Incorporated (NASDAQ:HBAN) which lost 11.02% to settle at 8.80 and KeyCorp (NYSE:KEY) which was down 8.91% to 11.76 at the close.

The top performers on the NASDAQ Composite were Cleveland BioLabs Inc (NASDAQ:CBLI) which rose 147.67% to 4.2600, MDC Partners Inc (NASDAQ:MDCA) which was up 78.26% to settle at 2.050 and Concrete Pumping Holdings Class A (NASDAQ:BBCP) which gained 50.14% to close at 5.48.

The worst performers were Luckin Coffee (NASDAQ:LK) which was down 54.00% to 1.38 in late trade, Ideanomics Inc (NASDAQ:IDEX) which lost 40.16% to settle at 1.4600 and Seanergy Maritime Holdings Corp (NASDAQ:SHIP) which was down 39.46% to 0.1695 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2368 to 525 and 42 ended unchanged; on the Nasdaq Stock Exchange, 2144 fell and 584 advanced, while 36 ended unchanged.

Shares in Cleveland BioLabs Inc (NASDAQ:CBLI) rose to 3-years highs; gaining 147.67% or 2.5400 to 4.2600. Shares in Luckin Coffee (NASDAQ:LK) fell to all time lows; falling 54.00% or 1.62 to 1.38.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 7.79% to 34.73.

Gold Futures for August delivery was up 0.80% or 14.20 to $1784.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.34% or 0.52 to hit $38.20 a barrel, while the August Brent oil contract fell 0.78% or 0.32 to trade at $40.73 a barrel.

EUR/USD was up 0.01% to 1.1218, while USD/JPY rose 0.04% to 107.23.

The US Dollar Index Futures was up 0.07% at 97.460.

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.