U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.78% By Investing.com

U.S. stocks lower at close of trade; Dow Jones Industrial


© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.78%

Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in NYSE, the declined 2.78%, while the index lost 3.51%, and the index declined 4.96%.

The best performers of the session on the were Verizon Communications Inc (NYSE:), which rose 0.13% or 0.08 points to trade at 60.61 at the close. Meanwhile, American Express Company (NYSE:) added 0.06% or 0.06 points to end at 104.46 and Walgreens Boots Alliance Inc (NASDAQ:) was down 0.22% or 0.08 points to 37.09 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:), which fell 8.01% or 10.52 points to trade at 120.88 at the close. Microsoft Corporation (NASDAQ:) declined 6.19% or 14.35 points to end at 217.30 and Home Depot Inc (NYSE:) was down 4.38% or 12.57 points to 274.63.

The top performers on the S&P 500 were Macy’s Inc (NYSE:) which rose 7.94% to 7.61, Carnival Corporation (NYSE:) which was up 5.21% to settle at 17.58 and Invesco Plc (NYSE:) which gained 4.80% to close at 11.14.

The worst performers were Qorvo Inc (NASDAQ:) which was down 9.82% to 121.44 in late trade, NVIDIA Corporation (NASDAQ:) which lost 9.28% to settle at 520.62 and Fortinet Inc (NASDAQ:) which was down 8.97% to 120.70 at the close.

The top performers on the NASDAQ Composite were Shiloh Industries Inc (NASDAQ:) which rose 99.93% to 0.59, Ikonics Corporation (NASDAQ:) which was up 24.14% to settle at 3.96 and Ocugen, Inc (NASDAQ:) which gained 23.92% to close at 0.3829.

The worst performers were Akebia Ther (NASDAQ:) which was down 73.50% to 2.65 in late trade, Supercom Lt (NASDAQ:) which lost 21.52% to settle at 0.9261 and Addex Therapeutics Ltd (NASDAQ:) which was down 20.75% to 11.65 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2458 to 602 and 83 ended unchanged; on the Nasdaq Stock Exchange, 2316 fell and 540 advanced, while 61 ended unchanged.

Shares in Akebia Ther (NASDAQ:) fell to all time lows; losing 73.50% or 7.35 to 2.65.

The , which measures the implied volatility of S&P 500 options, was up 26.46% to 33.60 a new 1-month high.

Gold Futures for December delivery was down 0.36% or 7.00 to $1937.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.55% or 0.23 to hit $41.28 a barrel, while the November Brent oil contract unchanged 0.00% or 0.00 to trade at $44.00 a barrel.

EUR/USD was up 0.01% to 1.1850, while USD/JPY fell 0.00% to 106.17.

The US Dollar Index Futures was down 0.07% at 92.770.

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