U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.43%
Investing.com
Published Mar 27, 2018 04:25PM ET
U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.43%
Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Technology, Consumer Services and Financials sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average fell 1.43%, while the S&P 500 index fell 1.73%, and the NASDAQ Composite index lost 2.93%.
The best performers of the session on the Dow Jones Industrial Average were General Electric Company (NYSE:GE), which rose 4.27% or 0.55 points to trade at 13.44 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 1.81% or 1.38 points to end at 77.79 and Verizon Communications Inc (NYSE:VZ) was up 0.51% or 0.24 points to 47.31 in late trade.
The worst performers of the session were Microsoft Corporation (NASDAQ:MSFT), which fell 4.60% or 4.31 points to trade at 89.47 at the close. Cisco Systems Inc (NASDAQ:CSCO) declined 3.13% or 1.38 points to end at 42.68 and Goldman Sachs Group Inc (NYSE:GS) was down 2.99% or 7.62 points to 247.26.
The top performers on the S&P 500 were General Electric Company (NYSE:GE) which rose 4.27% to 13.44, Pacific Gas & Electric Co (NYSE:PCG) which was up 2.50% to settle at 43.94 and Duke Realty Corporation (NYSE:DRE) which gained 2.40% to close at 26.03.
The worst performers were NVIDIA Corporation (NASDAQ:NVDA) which was down 7.76% to 225.52 in late trade, Adobe Systems Incorporated (NASDAQ:ADBE) which lost 6.60% to settle at 213.80 and Netflix Inc (NASDAQ:NFLX) which was down 6.14% to 300.69 at the close.
The top performers on the NASDAQ Composite were Boxlight Corp Class A (NASDAQ:BOXL) which rose 32.67% to 3.98, Sears Hometown and Outlet Stores (NASDAQ:SHOS) which was up 30.95% to settle at 2.75 and Astrotech Corp (NASDAQ:ASTC) which gained 30.20% to close at 2.630.
The worst performers were LongFin Corp Class A (NASDAQ:LFIN) which was down 41.50% to 34.68 in late trade, Juniper Pharmaceuticals Inc (NASDAQ:JNP) which lost 26.07% to settle at 8.650 and ITUS Corp (NASDAQ:ITUS) which was down 21.36% to 3.350 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2137 to 967 and 98 ended unchanged; on the Nasdaq Stock Exchange, 1995 fell and 541 advanced, while 111 ended unchanged.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.80% to 22.46.
Gold Futures for April delivery was down 0.78% or 10.60 to $1344.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.02% or 0.67 to hit $64.88 a barrel, while the June Brent oil contract fell 0.63% or 0.44 to trade at $69.08 a barrel.
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EUR/USD was down 0.32% to 1.2403, while USD/JPY fell 0.02% to 105.39.
The US Dollar Index Futures was up 0.37% at 88.97.
Written By: Investing.com
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