U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.34%

Investing.com

Published Apr 06, 2018 04:25PM ET

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.34%

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

At the close in NYSE, the Dow Jones Industrial Average declined 2.34%, while the S&P 500 index lost 2.19%, and the NASDAQ Composite index fell 2.28%.

The best performers of the session on the Dow Jones Industrial Average were Procter & Gamble Company (NYSE:PG), which fell 0.47% or 0.37 points to trade at 78.43 at the close. Meanwhile, Coca-Cola Company (NYSE:KO) fell 1.08% or 0.48 points to end at 43.92 and Walmart Inc (NYSE:WMT) was down 1.28% or 1.12 points to 86.69 in late trade.

The worst performers of the session were Caterpillar Inc (NYSE:CAT), which fell 3.47% or 5.14 points to trade at 142.99 at the close. Intel Corporation (NASDAQ:INTC) declined 3.16% or 1.59 points to end at 48.79 and Boeing Co (NYSE:BA) was down 3.06% or 10.28 points to 326.12.

The top performers on the S&P 500 were Patterson Companies Inc (NASDAQ:PDCO) which rose 2.19% to 22.85, Ventas Inc (NYSE:VTR) which was up 0.76% to settle at 50.42 and Ulta Beauty Inc (NASDAQ:ULTA) which gained 0.65% to close at 208.26.

The worst performers were Incyte Corporation (NASDAQ:INCY) which was down 22.93% to 64.02 in late trade, Xilinx Inc (NASDAQ:XLNX) which lost 6.22% to settle at 66.30 and Dover Corporation (NYSE:DOV) which was down 4.61% to 93.19 at the close.

The top performers on the NASDAQ Composite were LongFin Corp Class A (NASDAQ:LFIN) which rose 47.28% to 28.19, Neovasc Inc (NASDAQ:NVCN) which was up 46.17% to settle at 0.061 and Genprex Inc (NASDAQ:GNPX) which gained 33.74% to close at 5.4500.

The worst performers were NewLink Genetics Corporation (NASDAQ:NLNK) which was down 42.62% to 4.20 in late trade, MannKind Corp (NASDAQ:MNKD) which lost 24.79% to settle at 1.790 and Incyte Corporation (NASDAQ:INCY) which was down 22.93% to 64.02 at the close.

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Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2381 to 684 and 119 ended unchanged; on the Nasdaq Stock Exchange, 2001 fell and 563 advanced, while 89 ended unchanged.

Shares in Incyte Corporation (NASDAQ:INCY) fell to 52-week lows; falling 22.93% or 19.05 to 64.02. Shares in NewLink Genetics Corporation (NASDAQ:NLNK) fell to all time lows; losing 42.62% or 3.12 to 4.20. Shares in Genprex Inc (NASDAQ:GNPX) rose to all time highs; rising 33.74% or 1.3750 to 5.4500. Shares in Incyte Corporation (NASDAQ:INCY) fell to 52-week lows; falling 22.93% or 19.05 to 64.02.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 13.25% to 21.45.

Gold Futures for June delivery was up 0.64% or 8.50 to $1337.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 2.57% or 1.63 to hit $61.91 a barrel, while the June Brent oil contract fell 1.95% or 1.33 to trade at $67.00 a barrel.

EUR/USD was up 0.34% to 1.2283, while USD/JPY fell 0.45% to 106.91.

The US Dollar Index Futures was down 0.37% at 89.79.

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