U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.58%

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXMPEA620UL_M.jpg

At the close in NYSE, the Dow Jones Industrial Average lost 0.58%, while the S&P 500 index fell 0.66%, and the NASDAQ Composite index lost 0.80%.

The best performers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW), which rose 1.98% or 0.95 points to trade at 48.83 at the close. Meanwhile, Honeywell International Inc (NYSE:HON) added 1.12% or 1.92 points to end at 173.47 and 3M Company (NYSE:MMM) was up 1.06% or 1.77 points to 168.40 in late trade.

The worst performers of the session were UnitedHealth Group Incorporated (NYSE:UNH), which fell 2.89% or 9.57 points to trade at 321.85 at the close. Salesforce.com Inc (NYSE:CRM) declined 1.87% or 5.00 points to end at 261.83 and Walt Disney Company (NYSE:DIS) was down 1.84% or 2.37 points to 126.59.

The top performers on the S&P 500 were Concho Resources Inc (NYSE:CXO) which rose 10.24% to 48.66, Cimarex Energy Co (NYSE:XEC) which was up 4.92% to settle at 25.60 and Alliance Data Systems Corp (NYSE:ADS) which gained 4.31% to close at 52.22.

The worst performers were Wells Fargo & Company (NYSE:WFC) which was down 6.02% to 23.25 in late trade, Bank of America Corp (NYSE:BAC) which lost 5.33% to settle at 23.62 and Illumina Inc (NASDAQ:ILMN) which was down 4.35% to 330.12 at the close.

The top performers on the NASDAQ Composite were Kaixin Auto Holdings (NASDAQ:KXIN) which rose 266.67% to 1.980, Medalist Diversified Reit Inc (NASDAQ:MDRR) which was up 144.64% to settle at 2.85 and Replimune Group Inc (NASDAQ:REPL) which gained 46.82% to close at 36.25.

The worst performers were Cyclerion Therapeutics Inc (NASDAQ:CYCN) which was down 52.95% to 3.35 in late trade, Liquidia Technologies Inc (NASDAQ:LQDA) which lost 18.14% to settle at 3.34 and Sorrento Therape (NASDAQ:SRNE) which was down 15.48% to 10.10 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1857 to 1235 and 86 ended unchanged; on the Nasdaq Stock Exchange, 1943 fell and 926 advanced, while 87 ended unchanged.

Shares in Kaixin Auto Holdings (NASDAQ:KXIN) rose to 52-week highs; up 266.67% or 1.440 to 1.980. Shares in Replimune Group Inc (NASDAQ:REPL) rose to all time highs; gaining 46.82% or 11.56 to 36.25.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.27% to 26.40.

Gold Futures for December delivery was up 0.58% or 11.00 to $1905.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.34% or 0.94 to hit $41.14 a barrel, while the December Brent oil contract rose 0.12% or 0.05 to trade at $43.43 a barrel.

EUR/USD was up 0.02% to 1.1748, while USD/JPY fell 0.00% to 105.14.

The US Dollar Index Futures was down 0.13% at 93.418.