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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.15%

Published 2016-10-07, 04:25 p/m
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.15%
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Investing.com – U.S. equities were lower at the close on Friday, as losses in the Basic Materials, Industrials and Oil & Gas sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.15%, while the S&P 500 index lost 0.33%, and the NASDAQ Composite index declined 0.27%.

The biggest gainers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 1.61% or 2.69 points to trade at 169.84 at the close. The Travelers Companies Inc (NYSE:TRV) added 1.18% or 1.34 points to end at 114.52 and Procter & Gamble Company (NYSE:PG) was up 0.86% or 0.77 points to 89.99 in late trade.

Biggest losers included United Technologies Corporation (NYSE:UTX), which lost 1.47% or 1.50 points to trade at 100.58 in late trade. Home Depot Inc (NYSE:HD) declined 1.44% or 1.87 points to end at 128.32 and EI du Pont de Nemours and Company (NYSE:DD) shed 1.06% or 0.73 points to 68.33.

The top performers on the S&P 500 were Gap Inc (NYSE:GPS) which rose 15.25% to 26.25, Frontier Communications Corporation (NASDAQ:FTR) which was up 6.01% to settle at 4.23 and NextEra Energy Inc (NYSE:NEE) which gained 3.11% to close at 121.70.

The worst performers were Tyson Foods Inc (NYSE:TSN) which was down 8.91% to 67.75 in late trade, PPG Industries Inc (NYSE:PPG) which lost 8.29% to settle at 93.72 and Honeywell International Inc (NYSE:HON) which was down 7.51% to 106.93 at the close.

The top performers on the NASDAQ Composite were Lipocine In (NASDAQ:LPCN) which rose 29.74% to 5.41, Westell Technologies Inc (NASDAQ:WSTL) which was up 16.81% to settle at 0.590 and Clearside Biomedical Inc (NASDAQ:CLSD) which gained 15.98% to close at 23.3700.

The worst performers were Great Basin Scientific Inc (NASDAQ:GBSN) which was down 51.76% to 0.1399 in late trade, Cosi Inc (NASDAQ:COSI) which lost 23.06% to settle at 0.0287 and Senomyx Inc (NASDAQ:SNMX) which was down 21.73% to 2.990 at the close.

Declining stocks outnumbered rising ones by 2129 to 1004 and 85 ended unchanged; on the Nasdaq Stock Exchange, 1624 fell and 876 advanced, while 91 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 4.60% to 13.43.

In commodities trading, Gold for December delivery was up 0.37% or 4.60 to $1257.60 a troy ounce. Meanwhile, Crude oil for delivery in November fell 1.67% or 0.84 to hit $49.60 a barrel, while the December Brent oil contract fell 1.54% or 0.81 to trade at $51.70 a barrel.

EUR/USD was up 0.46% to 1.1200, while USD/JPY fell 0.97% to 102.93.

The US Dollar Index was down 0.14% at 96.52.

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