Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.44%

Published 19/10/2020, 22:25
Updated 19/10/2020, 22:25
© Reuters.  U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.44%

Investing.com – U.S. equities were lower at the close on Monday, as losses in the Oil & Gas, Technology and Financials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 1.44%, while the S&P 500 index fell 1.63%, and the NASDAQ Composite index lost 1.65%.

The biggest gainers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 0.78% or 0.42 points to trade at 54.58 at the close. Boeing Co (NYSE:BA) fell 0.14% or 0.24 points to end at 167.11 and Goldman Sachs Group Inc (NYSE:GS) was down 0.25% or 0.52 points to 205.69 in late trade.

Biggest losers included Apple Inc (NASDAQ:AAPL), which lost 2.55% or 3.04 points to trade at 115.98 in late trade. Johnson & Johnson (NYSE:JNJ) declined 2.55% or 3.78 points to end at 144.32 and Microsoft Corporation (NASDAQ:MSFT) shed 2.48% or 5.44 points to 214.22.

The top performers on the S&P 500 were Western Digital Corporation (NASDAQ:WDC) which rose 7.85% to 40.92, United Airlines Holdings Inc (NASDAQ:UAL) which was up 3.92% to settle at 35.50 and Tapestry Inc (NYSE:TPR) which gained 2.71% to close at 20.06.

The worst performers were Nordstrom Inc (NYSE:JWN) which was down 5.88% to 12.17 in late trade, Gartner Inc (NYSE:IT) which lost 4.41% to settle at 124.34 and Ross Stores Inc (NASDAQ:ROST) which was down 4.37% to 90.96 at the close.

The top performers on the NASDAQ Composite were Kaixin Auto Holdings (NASDAQ:KXIN) which rose 293.72% to 8.150, Code Chain New Continent Ltd (NASDAQ:CCNC) which was up 108.18% to settle at 2.290 and Marine Petroleum Trust (NASDAQ:MARPS) which gained 95.56% to close at 4.400.

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

The worst performers were Abraxas Petroleum Corporation (NASDAQ:AXAS) which was down 24.33% to 2.1900 in late trade, Westwater Resources Inc (NASDAQ:WWR) which lost 19.79% to settle at 4.620 and CHF Solutions Inc (NASDAQ:CHFS) which was down 17.26% to 6.980 at the close.

Declining stocks outnumbered rising ones by 2241 to 812 and 98 ended unchanged; on the Nasdaq Stock Exchange, 1962 fell and 900 advanced, while 79 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.46% to 29.18.

In commodities trading, Gold Futures for December delivery was up 0.01% or 0.25 to $1906.65 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.44% or 0.18 to hit $40.94 a barrel, while the December Brent oil contract fell 1.05% or 0.45 to trade at $42.48 a barrel.

EUR/USD was up 0.01% to 1.1767, while USD/JPY rose 0.00% to 105.42.

The US Dollar Index Futures was down 0.29% at 93.405.

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.