U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.29%

U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.29%

Investing.com  | Oct 26, 2020 21:25

U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.29%

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

At the close in NYSE, the Dow Jones Industrial Average lost 2.29%, while the S&P 500 index declined 1.86%, and the NASDAQ Composite index fell 1.64%.

The biggest gainers of the session on the Dow Jones Industrial Average were Apple Inc (NASDAQ:AAPL), which rose 0.08% or 0.09 points to trade at 115.13 at the close. Verizon Communications Inc (NYSE:VZ) fell 0.24% or 0.14 points to end at 57.82 and Procter & Gamble Company (NYSE:PG) was down 0.77% or 1.10 points to 141.28 in late trade.

Biggest losers included American Express Company (NYSE:AXP), which lost 4.06% or 4.10 points to trade at 96.88 in late trade. Boeing Co (NYSE:BA) declined 3.88% or 6.50 points to end at 160.86 and The Travelers Companies Inc (NYSE:TRV) shed 3.58% or 4.51 points to 121.46.

The top performers on the S&P 500 were ABIOMED Inc (NASDAQ:ABMD) which rose 2.49% to 288.43, American Electric Power Company Inc (NASDAQ:AEP) which was up 1.92% to settle at 93.64 and Consolidated Edison Inc (NYSE:ED) which gained 1.41% to close at 82.75.

The worst performers were Royal Caribbean Cruises Ltd (NYSE:RCL) which was down 9.65% to 58.26 in late trade, Hasbro Inc (NASDAQ:HAS) which lost 9.45% to settle at 83.31 and Carnival Corporation (NYSE:CCL) which was down 8.69% to 14.03 at the close.

The top performers on the NASDAQ Composite were Lianluo Smart Ltd (NASDAQ:LLIT) which rose 37.04% to 4.4500, Muscle Maker Inc (NASDAQ:GRIL) which was up 33.99% to settle at 2.05 and Mid-Con Energy Partners LP (NASDAQ:MCEP) which gained 25.00% to close at 2.6000.

The worst performers were Biosig Technologies Inc (NASDAQ:BSGM) which was down 39.84% to 3.02 in late trade, Aileron Therapeutics Inc (NASDAQ:ALRN) which lost 26.32% to settle at 1.4000 and BiondVax Pharmaceuticals Ltd ADR (NASDAQ:BVXV) which was down 25.58% to 3.87 at the close.

Declining stocks outnumbered rising ones by 2610 to 338 and 45 ended unchanged; on the Nasdaq Stock Exchange, 2304 fell and 478 advanced, while 36 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 17.82% to 32.46 a new 1-month high.

In commodities trading, Gold Futures for December delivery was down 0.04% or 0.85 to $1904.35 a troy ounce. Meanwhile, Crude oil for delivery in December fell 3.16% or 1.26 to hit $38.59 a barrel, while the January Brent oil contract rose 0.02% or 0.01 to trade at $40.84 a barrel.

EUR/USD was up 0.02% to 1.1810, while USD/JPY rose 0.03% to 104.85.

The US Dollar Index Futures was up 0.32% at 93.058.

Related News

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
Write a reply...
Please wait a minute before you try to comment again.

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.

English (USA) English (India) English (Canada) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Español (España) Español (México) Français Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 简体中文 繁體中文 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी
Sign out
Are you sure you want to sign out?
Saving Changes


Download the Investing.com App

Get free real time quotes, charts and alerts on stocks, indices, currencies, commodities and bonds. Get free top of the line technical analysis/predictors.

Investing.com is better on the App!

More content, faster quotes and charts, and a smoother experience is available only on the App.