U.S. equities end lower

by Jonathan Adams

NYSE and the Dow Jones Industrial Average lost 0.88% at close, while the S&P 500 index dropped 1.12%, and the NASDAQ Composite index was down 1.07%

U.S. equities were lower at the close on Friday, as losses in the Utilities, Basic Materials and Technology sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.88%, while the S&P 500 index fell 1.12%, and the NASDAQ Composite index lost 1.07%.

The biggest gainers of the session on the Dow Jones Industrial Average were Johnson & Johnson, which rose 1.37% or 2.01 points to trade at 149.18 at the close. UnitedHealth Group Incorporated added 1.00% or 3.04 points to end at 308.02 and Merck & Company Inc was up 0.20% or 0.17 points to 85.81 in late trade.

Biggest losers included Boeing Co, which lost 3.81% or 6.39 points to trade at 161.14 in late trade. Apple Inc declined 3.17% or 3.50 points to end at 106.84 and International Business Machines shed 1.73% or 2.16 points to 122.76.

The top performers on the S&P 500 were Aptiv PLC which rose 6.80% to 88.95, Marathon Oil Corporation which was up 2.99% to settle at 4.82 and News Corp A which gained 2.83% to close at 15.64.

The worst performers were H&R Block Inc which was down 7.27% to 13.90 in late trade, Norwegian Cruise Line Holdings Ltd which lost 5.85% to settle at 16.25 and Carnival Corporation which was down 5.73% to 15.31 at the close.

The top performers on the NASDAQ Composite were Cassava Sciences Inc which rose 42.03% to 10.07, Westport Fuel Systems Inc which was up 38.89% to settle at 2.250 and ProPhase Labs Inc which gained 29.00% to close at 3.870.

The worst performers were Oasis Midstream Partners LP which was down 16.98% to 7.58 in late trade, Unico American Corporation which lost 14.85% to settle at 5.08 and Pandion Therapeutics Holdco Llc which was down 14.70% to 14.33 at the close.

Declining stocks outnumbered rising ones by 2023 to 1059 and 81 ended unchanged; on the Nasdaq Stock Exchange, 1444 fell and 1433 advanced, while 59 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.38% to 25.83.

In commodities trading, Gold Futures for December delivery was up 0.40% or 7.85 to $1957.75 a troy ounce. Meanwhile, Crude oil for delivery in October unchanged 0.00% or 0.00 to hit $40.97 a barrel, while the November Brent oil contract fell 0.48% or 0.21 to trade at $43.09 a barrel.

This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

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