Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.49%

Published 04/30/2024, 04:30 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.49%

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Technology and Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 1.49%, while the S&P 500 index fell 1.57%, and the NASDAQ Composite index fell 2.04%.

The best performers of the session on the Dow Jones Industrial Average were 3M Company (NYSE:MMM), which rose 4.72% or 4.35 points to trade at 96.51 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 0.98% or 1.58 points to end at 163.24 and McDonald’s Corporation (NYSE:MCD) was down 0.18% or 0.48 points to 273.07 in late trade.

The worst performers of the session were Caterpillar Inc (NYSE:CAT), which fell 4.33% or 15.14 points to trade at 334.66 at the close. Amazon.com Inc (NASDAQ:AMZN) declined 3.29% or 5.96 points to end at 175.00 and Boeing Co (NYSE:BA) was down 3.25% or 5.63 points to 167.86.

The top performers on the S&P 500 were Leidos Holdings Inc (NYSE:LDOS) which rose 6.56% to 140.26, Eli Lilly and Company (NYSE:LLY) which was up 6.02% to settle at 781.56 and Trane Technologies plc (NYSE:TT) which gained 5.48% to close at 317.36.

The worst performers were GE HealthCare Technologies Inc (NASDAQ:GEHC) which was down 14.28% to 76.24 in late trade, Molson Coors Brewing Co Class B (NYSE:TAP) which lost 9.86% to settle at 57.29 and Warner Bros Discovery Inc (NASDAQ:WBD) which was down 9.69% to 7.36 at the close.

The top performers on the NASDAQ Composite were Canopy Growth Corp (NASDAQ:CGC) which rose 78.85% to 14.88, Akili Inc (NASDAQ:AKLI) which was up 70.29% to settle at 0.40 and Visionary Education Technology Holdings Group Inc (NASDAQ:GV) which gained 60.00% to close at 0.26.

The worst performers were Cemtrex Inc (NASDAQ:CETX) which was down 35.96% to 1.14 in late trade, Lichen China Ltd (NASDAQ:LICN) which lost 32.02% to settle at 1.38 and Brainstorm Cell Therapeutics Inc (NASDAQ:BCLI) which was down 30.04% to 0.38 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2373 to 497 and 56 ended unchanged; on the Nasdaq Stock Exchange, 2356 fell and 1021 advanced, while 103 ended unchanged.

Shares in Leidos Holdings Inc (NYSE:LDOS) rose to all time highs; gaining 6.56% or 8.64 to 140.26. Shares in Trane Technologies plc (NYSE:TT) rose to all time highs; gaining 5.48% or 16.50 to 317.36. Shares in Warner Bros Discovery Inc (NASDAQ:WBD) fell to 5-year lows; down 9.69% or 0.79 to 7.36. Shares in Procter & Gamble Company (NYSE:PG) rose to 52-week highs; rising 0.98% or 1.58 to 163.24. Shares in Cemtrex Inc (NASDAQ:CETX) fell to 3-years lows; down 35.96% or 0.64 to 1.14.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.68% to 15.65.

Gold Futures for June delivery was down 2.36% or 55.65 to $2,302.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.25% or 1.03 to hit $81.60 a barrel, while the July Brent oil contract fell 1.36% or 1.19 to trade at $86.01 a barrel.

EUR/USD was unchanged 0.46% to 1.07, while USD/JPY rose 0.95% to 157.81.

The US Dollar Index Futures was up 0.69% at 106.18.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.