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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.74%

Published 2015-09-18, 04:25 p/m
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.74%
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Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Oil & Gas, Industrials and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 1.74%, while the S&P 500 index fell 1.61%, and the NASDAQ Composite index lost 1.36%.

The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which fell 0.19% or 0.22 points to trade at 115.05 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) fell 0.41% or 0.47 points to end at 113.45 and Procter & Gamble Company (NYSE:PG) was down 0.43% or 0.30 points to 69.94 in late trade.

The worst performers of the session were Merck & Company Inc (NYSE:MRK), which fell 3.39% or 1.83 points to trade at 52.13 at the close. Caterpillar Inc (NYSE:CAT) declined 2.97% or 2.20 points to end at 71.86 and Goldman Sachs Group Inc (NYSE:GS) was down 2.96% or 5.51 points to 180.94.

The top performers on the S&P 500 were Chesapeake Energy Corporation (NYSE:CHK) which rose 4.07% to 8.96, Bristol-Myers Squibb Company (NYSE:BMY) which was up 3.46% to settle at 64.34 and AbbVie Inc (NYSE:ABBV) which gained 2.27% to close at 61.220.

The worst performers were Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which was down 9.71% to 10.88 in late trade, Diamond Offshore Drilling Inc (NYSE:DO) which lost 9.43% to settle at 20.18 and Transocean Ltd (NYSE:RIG) which was down 9.26% to 14.31 at the close.

The top performers on the NASDAQ Composite were Lilis Energy Inc (NASDAQ:LLEX) which rose 408.06% to 3.150, RLJ Entertainment Inc (NASDAQ:RLJE) which was up 279.83% to settle at 1.650 and TigerLogic Corporation (NASDAQ:TIGR) which gained 270.37% to close at 1.000.

The worst performers were Sfx Enterta (NASDAQ:SFXE) which was down 28.67% to 0.44 in late trade, Medovex Corp (NASDAQ:MDVX) which lost 26.00% to settle at 2.59 and Payment Data Systems Inc (NASDAQ:PYDS) which was down 24.87% to 2.84 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1923 to 623 and 3 ended unchanged; on the Nasdaq Stock Exchange, 1660 fell and 920 advanced, while 31 ended unchanged.

Shares in Diamond Offshore Drilling Inc (NYSE:DO) fell to 5-year lows; losing 9.43% or 2.10 to 20.18. Shares in Caterpillar Inc (NYSE:CAT) fell to 3-years lows; losing 2.97% or 2.20 to 71.86. Shares in Lilis Energy Inc (NASDAQ:LLEX) rose to 52-week highs; up 408.06% or 2.530 to 3.150. Shares in Sfx Enterta (NASDAQ:SFXE) fell to all time lows; falling 28.67% or 0.18 to 0.44. Shares in TigerLogic Corporation (NASDAQ:TIGR) rose to 52-week highs; gaining 270.37% or 0.730 to 1.000.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 4.68% to 22.13.

Gold for December delivery was up 1.93% or 21.60 to $1138.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 4.28% or 2.00 to hit $44.90 a barrel, while the November Brent oil contract fell 2.84% or 1.40 to trade at $47.69 a barrel.

EUR/USD was down 1.22% to 1.1296, while USD/JPY rose 0.01% to 120.02.

The US Dollar Index was up 0.79% at 95.38.

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