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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.38%

imageStock Markets13 hours ago (Aug 11, 2020 05:25PM ET)

(C) Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.38% – U.S. stocks were lower after the close on Tuesday, as losses in the Utilities, Technology and Healthcare sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.38%, while the S&P 500 index lost 0.80%, and the NASDAQ Composite index lost 1.69%.

The best performers of the session on the Dow Jones Industrial Average were JPMorgan Chase & Co (NYSE:JPM), which rose 3.16% or 3.18 points to trade at 103.82 at the close. Meanwhile, American Express Company (NYSE:AXP) added 1.61% or 1.64 points to end at 103.26 and Walt Disney Company (NYSE:DIS) was up 1.32% or 1.70 points to 130.49 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 2.97% or 13.41 points to trade at 437.50 at the close. Walgreens Boots Alliance Inc (NASDAQ:WBA) declined 2.36% or 1.01 points to end at 41.85 and Microsoft Corporation (NASDAQ:MSFT) was down 2.34% or 4.87 points to 203.38.

The top performers on the S&P 500 were Wynn Resorts Limited (NASDAQ:WYNN) which rose 8.36% to 88.29, Albemarle Corp (NYSE:ALB) which was up 6.00% to settle at 92.45 and Corteva Inc (NYSE:CTVA) which gained 5.35% to close at 26.78.

The worst performers were Occidental Petroleum Corporation (NYSE:OXY) which was down 8.01% to 15.16 in late trade, Newmont Goldcorp Corp (NYSE:NEM) which lost 7.39% to settle at 62.87 and Advanced Micro Devices Inc (NASDAQ:AMD) which was down 6.52% to 76.88 at the close.

The top performers on the NASDAQ Composite were Kelly Services B Inc (NASDAQ:KELYB) which rose 158.47% to 38.28, Oxbridge Re Holdings Ltd (NASDAQ:OXBR) which was up 56.41% to settle at 1.8300 and Biofrontera AG ADR (NASDAQ:BFRA) which gained 53.36% to close at 20.32.

The worst performers were Fulcrum Therapeutics Inc (NASDAQ:FULC) which was down 48.01% to 8.90 in late trade, Mesoblast Ltd (NASDAQ:MESO) which lost 34.96% to settle at 11.33 and Fennec Pharmaceuticals Inc (NASDAQ:FENC) which was down 34.51% to 6.66 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1565 to 1489 and 76 ended unchanged; on the Nasdaq Stock Exchange, 1677 fell and 1128 advanced, while 65 ended unchanged.

Shares in Kelly Services B Inc (NASDAQ:KELYB) rose to 5-year highs; gaining 158.47% or 23.47 to 38.28. Shares in Oxbridge Re Holdings Ltd (NASDAQ:OXBR) rose to 52-week highs; gaining 56.41% or 0.6600 to 1.8300.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 8.59% to 24.03.

Gold Futures for December delivery was down 5.35% or 108.65 to $1921.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.72% or 0.30 to hit $41.64 a barrel, while the October Brent oil contract fell 0.20% or 0.09 to trade at $44.54 a barrel.

EUR/USD was up 0.03% to 1.1742, while USD/JPY rose 0.03% to 106.52.

The US Dollar Index Futures was up 0.08% at 93.640.

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.38%

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