U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.87%

Home Investment U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.87%
U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.87%

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.87%

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

At the close in NYSE, the fell 0.87% to hit a new 3-months low, while the index fell 0.69%, and the index lost 0.79%.

The best performers of the session on the were Intel Corporation (NASDAQ:), which rose 1.51% or 0.66 points to trade at 44.23 at the close. Meanwhile, Dow Inc (NYSE:) added 0.31% or 0.15 points to end at 48.71 and UnitedHealth Group Incorporated (NYSE:) was up 0.14% or 0.34 points to 242.40 in late trade.

The worst performers of the session were Johnson & Johnson (NYSE:), which fell 4.19% or 5.74 points to trade at 131.33 at the close. Nike Inc (NYSE:) declined 2.87% or 2.33 points to end at 78.87 and Boeing Co (NYSE:) was down 1.71% or 6.08 points to 348.80.

The top performers on the S&P 500 were Chesapeake Energy Corporation (NYSE:) which rose 10.31% to 2.140, Range Resources Corp (NYSE:) which was up 4.21% to settle at 8.16 and Helmerich and Payne Inc (NYSE:) which gained 3.57% to close at 51.00.

The worst performers were Capri Holdings Ltd (NYSE:) which was down 9.85% to 35.06 in late trade, L Brands Inc (NYSE:) which lost 7.06% to settle at 22.64 and PVH Corp (NYSE:) which was down 6.28% to 99.25 at the close.

The top performers on the NASDAQ Composite were Eltek Ltd (NASDAQ:) which rose 326.83% to 7.000, Obalon Therapeutics Inc (NASDAQ:) which was up 58.26% to settle at 1.13 and Soliton Inc (NASDAQ:) which gained 42.62% to close at 20.2800.

The worst performers were TuanChe (NASDAQ:) which was down 20.00% to 4.24 in late trade, Bridgeline Digital Inc (NASDAQ:) which lost 18.05% to settle at 3.2700 and Hudson Technologies Inc (NASDAQ:) which was down 16.42% to 1.680 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2031 to 962 and 94 ended unchanged; on the Nasdaq Stock Exchange, 1809 fell and 842 advanced, while 87 ended unchanged.

Shares in Capri Holdings Ltd (NYSE:) fell to 52-week lows; losing 9.85% or 3.83 to 35.06. Shares in Eltek Ltd (NASDAQ:) rose to 5-year highs; up 326.83% or 5.360 to 7.000. Shares in TuanChe (NASDAQ:) fell to all time lows; falling 20.00% or 1.06 to 4.24. Shares in Soliton Inc (NASDAQ:) rose to all time highs; gaining 42.62% or 6.0600 to 20.2800.

The , which measures the implied volatility of S&P 500 options, was up 2.29% to 17.90.

Gold Futures for June delivery was up 0.15% or 1.95 to $1279.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.14% or 0.08 to hit $59.06 a barrel, while the August Brent oil contract unchanged 0.00% or 0.00 to trade at $68.11 a barrel.

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