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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.80%

Published 2016-02-02, 04:25 p/m
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.80%

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

At the close in NYSE, the Dow Jones Industrial Average lost 1.80%, while the S&P 500 index lost 1.87%, and the NASDAQ Composite index declined 2.24%.

The best performers of the session on the Dow Jones Industrial Average were EI du Pont de Nemours and Company (N:DD), which rose 5.40% or 2.88 points to trade at 56.18 at the close. Meanwhile, Pfizer Inc (N:PFE) fell 0.10% or 0.03 points to end at 30.14 and McDonald`s Corporation (N:MCD) was down 0.53% or 0.66 points to 123.95 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (N:GS), which fell 4.98% or 7.95 points to trade at 151.70 at the close. Chevron Corporation (N:CVX) declined 4.75% or 4.05 points to end at 81.24 and Boeing Company (N:BA) was down 3.32% or 4.04 points to 117.52.

The top performers on the S&P 500 were Michael Kors Holdings Limited (N:KORS) which rose 23.91% to 50.11, Mattel Inc (O:MAT) which was up 13.83% to settle at 30.46 and Dow Chemical Company (N:DOW) which gained 5.75% to close at 45.03.

The worst performers were ADT Corporation (N:ADT) which was down 15.66% to 24.94 in late trade, Royal Caribbean Cruises Ltd (N:RCL) which lost 15.17% to settle at 71.70 and Pitney Bowes Inc (N:PBI) which was down 13.88% to 16.75 at the close.

The top performers on the NASDAQ Composite were Carver Bancorp Inc (O:CARV) which rose 37.69% to 3.58, China Customer Relations Centers Inc (O:CCRC) which was up 35.38% to settle at 9.68 and Glori Energy Technology Inc (O:GLRI) which gained 35.14% to close at 0.2500.

The worst performers were Carbylan Therapeutics Inc (O:CBYL) which was down 73.28% to 0.6600 in late trade, Horsehead Holding Corp (O:ZINC) which lost 56.89% to settle at 0.1070 and Pixelworks Inc (O:PXLW) which was down 33.49% to 1.410 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2682 to 722 and 2 ended unchanged; on the Nasdaq Stock Exchange, 2067 fell and 551 advanced, while 48 ended unchanged.

Shares in ADT Corporation (N:ADT) fell to all time lows; falling 15.66% or 4.63 to 24.94. Shares in Mattel Inc (O:MAT) rose to 52-week highs; up 13.83% or 3.70 to 30.46. Shares in Pitney Bowes Inc (N:PBI) fell to 52-week lows; losing 13.88% or 2.70 to 16.75. Shares in Pfizer Inc (N:PFE) fell to 52-week lows; down 0.10% or 0.03 to 30.14. Shares in Carbylan Therapeutics Inc (O:CBYL) fell to all time lows; falling 73.28% or 1.8100 to 0.6600. Shares in Horsehead Holding Corp (O:ZINC) fell to all time lows; losing 56.89% or 0.1412 to 0.1070. Shares in Pixelworks Inc (O:PXLW) fell to 5-year lows; losing 33.49% or 0.710 to 1.410.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 10.16% to 22.01.

Gold for April delivery was up 0.12% or 1.30 to $1129.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 5.55% or 1.75 to hit $29.86 a barrel, while the April Brent oil contract fell 4.72% or 1.61 to trade at $32.62 a barrel.

EUR/USD was up 0.27% to 1.0918, while USD/JPY fell 0.82% to 120.03.

The US Dollar Index was down 0.17% at 98.88.

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