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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.03%

Published 2023-05-12, 04:25 p/m
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.03%

Investing.com – U.S. equities were lower at the close on Friday, as losses in the Consumer Services, Consumer Goods and Financials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.03%, while the S&P 500 index lost 0.16%, and the NASDAQ Composite index lost 0.35%.

The biggest gainers of the session on the Dow Jones Industrial Average were International Business Machines (NYSE:IBM), which rose 1.60% or 1.94 points to trade at 122.84 at the close. Procter & Gamble Company (NYSE:PG) added 1.02% or 1.57 points to end at 155.96 and Home Depot Inc (NYSE:HD) was up 0.97% or 2.78 points to 290.47 in late trade.

Biggest losers included Nike Inc (NYSE:NKE), which lost 1.64% or 2.01 points to trade at 120.21 in late trade. JPMorgan Chase & Co (NYSE:JPM) declined 1.43% or 1.95 points to end at 134.10 and Salesforce Inc (NYSE:CRM) shed 0.82% or 1.66 points to 201.81.

The top performers on the S&P 500 were News Corp B (NASDAQ:NWS) which rose 8.68% to 18.29, News Corp A (NASDAQ:NWSA) which was up 8.48% to settle at 18.16 and NRG Energy Inc (NYSE:NRG) which gained 5.64% to close at 32.79.

The worst performers were Signature Bank (OTC:SBNY) which was down 10.60% to 0.12 in late trade, First Republic Bank (OTC:FRCB) which lost 6.87% to settle at 0.39 and Gen Digital Inc (NASDAQ:GEN) which was down 5.48% to 16.22 at the close.

The top performers on the NASDAQ Composite were GSI Technology Inc (NASDAQ:GSIT) which rose 210.37% to 5.09, ARS Pharmaceuticals Inc (NASDAQ:SPRY) which was up 77.88% to settle at 8.04 and Immunoprecise Antibodies Ltd (NASDAQ:IPA) which gained 39.31% to close at 4.04.

The worst performers were Assure Holdings Corp (NASDAQ:IONM) which was down 39.90% to 1.16 in late trade, Heron Therapeuti (NASDAQ:HRTX) which lost 37.22% to settle at 1.40 and AgileThought Inc (NASDAQ:AGIL) which was down 35.71% to 0.99 at the close.

Declining stocks outnumbered rising ones by 1657 to 1273 and 116 ended unchanged; on the Nasdaq Stock Exchange, 2052 fell and 1483 advanced, while 176 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.59% to 17.03.

In commodities trading, Gold Futures for June delivery was down 0.24% or 4.75 to $2,015.75 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.03% or 0.73 to hit $70.14 a barrel, while the July Brent oil contract fell 0.97% or 0.73 to trade at $74.25 a barrel.

EUR/USD was down 0.59% to 1.09, while USD/JPY rose 0.87% to 135.71.

The US Dollar Index Futures was up 0.64% at 102.53.

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