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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.00%

Published 04/02/2024, 04:30 PM
© Reuters U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.00%

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Healthcare, Consumer Goods and Technology sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 1.00%, while the S&P 500 index lost 0.72%, and the NASDAQ Composite index lost 0.95%.

The best performers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW), which rose 1.77% or 1.03 points to trade at 59.29 at the close. Meanwhile, Walt Disney Company (NYSE:DIS) added 1.06% or 1.29 points to end at 122.82 and Verizon Communications Inc (NYSE:VZ) was up 0.61% or 0.26 points to 42.54 in late trade.

The worst performers of the session were UnitedHealth Group Incorporated (NYSE:UNH), which fell 6.44% or 31.56 points to trade at 458.14 at the close. Amgen Inc (NASDAQ:AMGN) declined 2.41% or 6.83 points to end at 276.21 and Nike Inc (NYSE:NKE) was down 1.74% or 1.61 points to 90.95.

The top performers on the S&P 500 were Phillips 66 (NYSE:PSX) which rose 3.77% to 169.49, Marathon Petroleum Corp (NYSE:MPC) which was up 3.41% to settle at 211.38 and Valero Energy Corporation (NYSE:VLO) which gained 2.65% to close at 177.22.

The worst performers were Humana Inc (NYSE:HUM) which was down 13.41% to 304.33 in late trade, Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which lost 7.98% to settle at 19.27 and CVS Health Corp (NYSE:CVS) which was down 7.21% to 73.82 at the close.

The top performers on the NASDAQ Composite were VivoPower International PLC (NASDAQ:VVPR) which rose 304.11% to 5.90, XTI Aerospace Inc (NASDAQ:XTIA) which was up 69.90% to settle at 3.50 and HWH International Inc (NASDAQ:HWH) which gained 62.96% to close at 1.54.

The worst performers were Acorda Therapeutics Inc (NASDAQ:ACOR) which was down 81.44% to 2.50 in late trade, Gritstone Oncology Inc (NASDAQ:GRTS) which lost 48.94% to settle at 1.20 and Yield10 Bioscience Inc (NASDAQ:YTEN) which was down 42.57% to 0.22 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2099 to 770 and 63 ended unchanged; on the Nasdaq Stock Exchange, 2461 fell and 944 advanced, while 87 ended unchanged.

Shares in Phillips 66 (NYSE:PSX) rose to all time highs; gaining 3.77% or 6.15 to 169.49. Shares in Humana Inc (NYSE:HUM) fell to 3-years lows; losing 13.41% or 47.12 to 304.33. Shares in Marathon Petroleum Corp (NYSE:MPC) rose to all time highs; up 3.41% or 6.97 to 211.38. Shares in Valero Energy Corporation (NYSE:VLO) rose to all time highs; rising 2.65% or 4.58 to 177.22. Shares in Dow Inc (NYSE:DOW) rose to 52-week highs; gaining 1.77% or 1.03 to 59.29. Shares in Walt Disney Company (NYSE:DIS) rose to 52-week highs; up 1.06% or 1.29 to 122.82. Shares in Verizon Communications Inc (NYSE:VZ) rose to 52-week highs; up 0.61% or 0.26 to 42.54. Shares in Acorda Therapeutics Inc (NASDAQ:ACOR) fell to all time lows; down 81.44% or 10.97 to 2.50.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 7.03% to 14.61.

Gold Futures for June delivery was up 1.81% or 40.75 to $2,297.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.91% or 1.60 to hit $85.31 a barrel, while the June Brent oil contract rose 1.94% or 1.70 to trade at $89.12 a barrel.

EUR/USD was unchanged 0.22% to 1.08, while USD/JPY fell 0.04% to 151.57.

The US Dollar Index Futures was down 0.22% at 104.53.

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