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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.31%

Stock MarketsSep 07, 2018 04:25PM ET
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© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.31%

Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Utilities, Basic Materials and Consumer Goods sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.31%, while the S&P 500 index lost 0.22%, and the NASDAQ Composite index fell 0.25%.

The best performers of the session on the Dow Jones Industrial Average were Exxon Mobil Corp (NYSE:XOM), which rose 1.70% or 1.37 points to trade at 81.83 at the close. Meanwhile, Pfizer Inc (NYSE:PFE) added 1.01% or 0.42 points to end at 42.20 and American Express Company (NYSE:AXP) was up 0.65% or 0.68 points to 106.08 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 1.71% or 0.81 points to trade at 46.45 at the close. The Travelers Companies Inc (NYSE:TRV) declined 1.30% or 1.71 points to end at 130.09 and United Technologies Corporation (NYSE:UTX) was down 1.13% or 1.51 points to 132.01.

The top performers on the S&P 500 were Broadcom Inc (NASDAQ:AVGO) which rose 7.69% to 232.58, Acuity Brands Inc (NYSE:AYI) which was up 3.95% to settle at 156.41 and Ulta Beauty Inc (NASDAQ:ULTA) which gained 3.68% to close at 285.80.

The worst performers were T. Rowe Price Group Inc (NASDAQ:TROW) which was down 4.88% to 107.73 in late trade, Incyte Corporation (NASDAQ:INCY) which lost 4.21% to settle at 69.17 and PulteGroup Inc (NYSE:PHM) which was down 4.17% to 26.90 at the close.

The top performers on the NASDAQ Composite were Netlist Inc (NASDAQ:NLST) which rose 91.84% to 0.282, Intellipharmaceutics International (NASDAQ:IPCI) which was up 34.10% to settle at 0.409 and Interlink Electronics Inc (NASDAQ:LINK) which gained 21.71% to close at 4.99.

The worst performers were Mercantil Bank Holding Corp Class B (NASDAQ:MBNAB) which was down 44.23% to 10.00 in late trade, eGain Corporation (NASDAQ:EGAN) which lost 31.24% to settle at 8.750 and Advaxis Inc (NASDAQ:ADXS) which was down 28.67% to 1.02 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1999 to 1027 and 130 ended unchanged; on the Nasdaq Stock Exchange, 1315 fell and 1206 advanced, while 171 ended unchanged.

Shares in Ulta Beauty Inc (NASDAQ:ULTA) rose to 52-week highs; rising 3.68% or 10.14 to 285.80. Shares in Mercantil Bank Holding Corp Class B (NASDAQ:MBNAB) fell to all time lows; falling 44.23% or 7.93 to 10.00. Shares in Advaxis Inc (NASDAQ:ADXS) fell to all time lows; losing 28.67% or 0.41 to 1.02.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.71% to 14.90 a new 1-month high.

Gold Futures for December delivery was down 0.19% or 2.30 to $1202.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.10% or 0.07 to hit $67.84 a barrel, while the November Brent oil contract rose 0.72% or 0.55 to trade at $77.05 a barrel.

EUR/USD was down 0.53% to 1.1560, while USD/JPY rose 0.18% to 110.95.

The US Dollar Index Futures was up 0.37% at 95.34.

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.31%
 

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