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U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.67%

Published 2020-04-21, 05:25 p/m
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.67%
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Investing.com – U.S. equities were lower at the close on Tuesday, as losses in the Technology, Healthcare and Industrials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 2.67%, while the S&P 500 index lost 3.07%, and the NASDAQ Composite index lost 3.48%.

The biggest gainers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which unchanged 0.00% or 0.00 points to trade at 101.78 at the close. Walmart Inc (NYSE:WMT) fell 0.49% or 0.64 points to end at 129.21 and Exxon Mobil Corp (NYSE:XOM) was down 0.53% or 0.22 points to 40.96 in late trade.

Biggest losers included Merck & Company Inc (NYSE:MRK), which lost 5.46% or 4.54 points to trade at 78.56 in late trade. Boeing Co (NYSE:BA) declined 5.07% or 7.28 points to end at 136.33 and Intel Corporation (NASDAQ:INTC) shed 4.77% or 2.82 points to 56.36.

The top performers on the S&P 500 were Helmerich and Payne Inc (NYSE:HP) which rose 4.88% to 18.50, FLIR Systems Inc (NASDAQ:FLIR) which was up 4.31% to settle at 40.65 and Macerich Company (NYSE:MAC) which gained 3.83% to close at 6.02.

The worst performers were Fortinet Inc (NASDAQ:FTNT) which was down 9.94% to 101.18 in late trade, Lam Research Corp (NASDAQ:LRCX) which lost 8.66% to settle at 243.63 and Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which was down 7.61% to 7.41 at the close.

The top performers on the NASDAQ Composite were Energous Co (NASDAQ:WATT) which rose 155.98% to 2.675, Gulfport Energy Corporation (NASDAQ:GPOR) which was up 82.69% to settle at 1.425 and Torm PLC Class A (NASDAQ:TRMD) which gained 64.47% to close at 12.50.

The worst performers were Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) which was down 52.31% to 4.1200 in late trade, Summit Wireless Technologies (NASDAQ:WISA) which lost 40.78% to settle at 2.5400 and Safe-T Group Ltd ADR (NASDAQ:SFET) which was down 32.10% to 1.10 at the close.

Declining stocks outnumbered rising ones by 2309 to 578 and 51 ended unchanged; on the Nasdaq Stock Exchange, 1991 fell and 675 advanced, while 53 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.60% to 45.41.

In commodities trading, Gold Futures for June delivery was down 0.55% or 9.35 to $1701.85 a troy ounce. Meanwhile, Crude oil for delivery in June fell 35.93% or 7.34 to hit $13.09 a barrel, while the June Brent oil contract rose 0.20% or 0.04 to trade at $19.70 a barrel.

EUR/USD was up 0.05% to 1.0861, while USD/JPY fell 0.06% to 107.69.

The US Dollar Index Futures was up 0.30% at 100.355.

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