Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.48%

Published 2019-08-12, 05:25 p/m
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.48%

Investing.com – U.S. equities were lower at the close on Monday, as losses in the Basic Materials, Financials and Industrials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 1.48%, while the S&P 500 index declined 1.23%, and the NASDAQ Composite index declined 1.20%.

The biggest gainers of the session on the Dow Jones Industrial Average were Merck & Company Inc (NYSE:MRK), which rose 0.22% or 0.19 points to trade at 85.71 at the close. Johnson & Johnson (NYSE:JNJ) fell 0.11% or 0.14 points to end at 131.90 and Verizon Communications Inc (NYSE:VZ) was down 0.20% or 0.11 points to 55.67 in late trade.

Biggest losers included Pfizer Inc (NYSE:PFE), which lost 2.64% or 0.96 points to trade at 35.39 in late trade. Goldman Sachs Group Inc (NYSE:GS) declined 2.63% or 5.45 points to end at 201.45 and United Technologies Corporation (NYSE:UTX) shed 2.45% or 3.22 points to 128.02.

The top performers on the S&P 500 were Amgen Inc (NASDAQ:AMGN) which rose 4.86% to 205.78, CenturyLink Inc (NYSE:CTL) which was up 4.17% to settle at 11.23 and Sysco Corporation (NYSE:SYY) which gained 3.17% to close at 72.21.

The worst performers were Nektar Therapeutics (NASDAQ:NKTR) which was down 11.19% to 18.58 in late trade, Mosaic Co (NYSE:MOS) which lost 8.19% to settle at 20.75 and Corteva Inc (NYSE:CTVA) which was down 6.51% to 29.5700 at the close.

The top performers on the NASDAQ Composite were Yangtze River Port and Logistics Ltd (NASDAQ:YRIV) which rose 80.42% to 1.29, Arcadia Biosciences Inc (NASDAQ:RKDA) which was up 53.66% to settle at 6.930 and Cellect Biotechnology Ltd (NASDAQ:APOP) which gained 39.76% to close at 0.58.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Grupo Financiero Galicia SA ADR (NASDAQ:GGAL) which was down 56.12% to 16.7500 in late trade, MMTEC Inc (NASDAQ:MTC) which lost 49.14% to settle at 2.70 and Cresud SACIF y A (NASDAQ:CRESY) which was down 38.09% to 6.16 at the close.

Declining stocks outnumbered rising ones by 2103 to 900 and 24 ended unchanged; on the Nasdaq Stock Exchange, 1768 fell and 892 advanced, while 86 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 17.36% to 21.09.

In commodities trading, Gold Futures for December delivery was up 0.92% or 13.90 to $1522.40 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.48% or 0.26 to hit $54.76 a barrel, while the October Brent oil contract fell 0.22% or 0.13 to trade at $58.32 a barrel.

EUR/USD was up 0.02% to 1.1215, while USD/JPY fell 0.03% to 105.25.

The US Dollar Index Futures was down 0.10% at 97.225.

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.