Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.81%

Published 08/06/2022, 21:25
Updated 08/06/2022, 21:25
©  Reuters U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.81%

Investing.com – U.S. equities were lower at the close on Wednesday, as losses in the Basic Materials, Utilities and Industrials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.81%, while the S&P 500 index fell 1.08%, and the NASDAQ Composite index fell 0.73%.

The biggest gainers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 1.19% or 2.70 points to trade at 229.80 at the close. Salesforce.com Inc (NYSE:CRM) added 1.09% or 2.04 points to end at 189.19 and Nike Inc (NYSE:NKE) was up 0.60% or 0.73 points to 122.40 in late trade.

Biggest losers included Intel Corporation (NASDAQ:INTC), which lost 5.28% or 2.30 points to trade at 41.23 in late trade. Goldman Sachs Group Inc (NYSE:GS) declined 2.12% or 6.83 points to end at 314.68 and American Express Company (NYSE:AXP) shed 1.62% or 2.73 points to 165.96.

The top performers on the S&P 500 were Las Vegas Sands Corp (NYSE:LVS) which rose 4.35% to 37.39, Wynn Resorts Limited (NASDAQ:WYNN) which was up 4.18% to settle at 70.28 and Etsy Inc (NASDAQ:ETSY) which gained 4.17% to close at 84.88.

The worst performers were Altria Group (NYSE:MO) which was down 8.37% to 49.49 in late trade, Carnival Corporation (NYSE:CCL) which lost 6.17% to settle at 12.93 and Expeditors International of Washington Inc (NASDAQ:EXPD) which was down 5.68% to 103.10 at the close.

The top performers on the NASDAQ Composite were HeartCore Enterprises Inc (NASDAQ:HTCR) which rose 114.71% to 2.19, Qutoutiao Inc (NASDAQ:QTT) which was up 71.58% to settle at 1.63 and VivoPower International PLC (NASDAQ:VVPR) which gained 40.00% to close at 2.24.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Integrated Media Technology Ltd (NASDAQ:IMTE) which was down 67.50% to 3.65 in late trade, Rigel Pharmaceuticals Inc (NASDAQ:RIGL) which lost 60.20% to settle at 0.70 and Loyalty Ventures Inc (NASDAQ:LYLT) which was down 45.42% to 6.02 at the close.

Declining stocks outnumbered rising ones by 2285 to 864 and 125 ended unchanged; on the Nasdaq Stock Exchange, 2026 fell and 1767 advanced, while 225 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.25% to 23.96 a new 1-month low.

In commodities trading, Gold Futures for August delivery was up 0.13% or 2.50 to $1,854.60 a troy ounce. Meanwhile, Crude oil for delivery in July rose 2.70% or 3.23 to hit $122.64 a barrel, while the August Brent oil contract rose 2.89% or 3.49 to trade at $124.06 a barrel.

EUR/USD was unchanged 0.15% to 1.07, while USD/JPY rose 1.26% to 134.26.

The US Dollar Index Futures was up 0.23% at 102.56.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.