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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.50%

Published 2018-04-13, 04:25 p/m
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.50%
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Investing.com – U.S. equities were lower at the close on Friday, as losses in the Financials, Consumer Services and Technology sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.50%, while the S&P 500 index lost 0.29%, and the NASDAQ Composite index lost 0.47%.

The biggest gainers of the session on the Dow Jones Industrial Average were General Electric Company (NYSE:GE), which rose 2.35% or 0.31 points to trade at 13.49 at the close. Coca-Cola Company (NYSE:KO) added 1.09% or 0.48 points to end at 44.51 and Exxon Mobil Corporation (NYSE:XOM) was up 0.80% or 0.62 points to 77.84 in late trade.

Biggest losers included JPMorgan Chase & Co (NYSE:JPM), which lost 2.71% or 3.07 points to trade at 110.30 in late trade. Boeing Co (NYSE:BA) declined 2.43% or 8.20 points to end at 329.28 and Intel Corporation (NASDAQ:INTC) shed 1.63% or 0.86 points to 51.86.

The top performers on the S&P 500 were Alaska Air Group Inc (NYSE:ALK) which rose 6.11% to 63.95, F5 Networks Inc (NASDAQ:FFIV) which was up 4.48% to settle at 155.00 and Concho Resources Inc (NYSE:CXO) which gained 3.21% to close at 151.02.

The worst performers were PNC Financial Services Group Inc (NYSE:PNC) which was down 4.14% to 145.46 in late trade, Under Armour Inc C (NYSE:UA) which lost 4.34% to settle at 14.340 and Advance Auto Parts Inc (NYSE:AAP) which was down 3.58% to 106.61 at the close.

The top performers on the NASDAQ Composite were Future Fintech Group Inc (NASDAQ:FTFT) which rose 26.90% to 2.5000, Turtle Beach Corp (NASDAQ:HEAR) which was up 26.54% to settle at 3.910 and Burcon Nutrascience Corp (NASDAQ:BUR) which gained 18.03% to close at 0.552.

The worst performers were Sphere 3D Corp (NASDAQ:ANY) which was down 43.55% to 0.621 in late trade, SemiLEDS Corporation (NASDAQ:LEDS) which lost 29.09% to settle at 3.9000 and Valeritas Holdings Inc (NASDAQ:VLRX) which was down 22.86% to 1.40 at the close.

Declining stocks outnumbered rising ones by 1723 to 1331 and 142 ended unchanged; on the Nasdaq Stock Exchange, 1547 fell and 975 advanced, while 150 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.90% to 17.40.

In commodities trading, Gold Futures for June delivery was up 0.45% or 6.00 to $1347.90 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.31% or 0.21 to hit $67.28 a barrel, while the June Brent oil contract rose 0.61% or 0.44 to trade at $72.46 a barrel.

EUR/USD was up 0.08% to 1.2337, while USD/JPY rose 0.04% to 107.35.

The US Dollar Index Futures was down 0.02% at 89.47.

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