U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.47%

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.47%

Aug 27, 2019

U.S. stocks were lower after the close on Tuesday, as losses in the Oil&Gas, Consumer Goods and Financials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.47%, while the S&P 500 index declined 0.32%, and the NASDAQ Composite index fell 0.34%.

The best performers of the session on the Dow Jones Industrial Average were Johnson&Johnson (NYSE:JNJ), which rose 1.44% or 1.84 points to trade at 129.64 at the close. Meanwhile, Procter&Gamble Company (NYSE:PG) added 1.03% or 1.23 points to end at 120.55 and International Business Machines (NYSE:IBM) was up 0.91% or 1.18 points to 131.17 in late trade.

The worst performers of the session were UnitedHealth Group Inc.rporated (NYSE:UNH), which fell 3.53% or 8.15 points to trade at 222.93 at the close. Pfizer Inc (NYSE:PFE) declined 1.44% or 0.50 points to end at 34.34 and Boeing Co. (NYSE:BA) was down 1.20% or 4.31 points to 354.73.

The top performers on the S&P 500 were Costco Wholesale Corp (NASDAQ:COST) which rose 5.00% to 292.38, Activision Blizzard Inc (NASDAQ:ATVI) which was up 4.93% to settle at 51.09 and Newmont Goldcorp Corp (NYSE:Nem) which gained 3.30% to close at 40.75.

The worst performers were JM Smucker Company (NYSE:SJM) which was down 8.18% to 103.69 in late trade, Philip Morris International Inc.(NYSE:PM) which lost 7.76% to settle at 71.70 and Humana Inc (NYSE:HUM) which was down 5.79% to 272.06 at the close.

The top performers on the NASDAQ Composite were Nuvectra Corp (NASDAQ:NVTR) which rose 46.15% to 2.09, Plus Therapeutics Inc (NASDAQ:PSTV) which was up 42.38% to settle at 14.9500 and Digital Ally Inc (NASDAQ:DGLY) which gained 34.52% to close at 1.130.

The worst performers were Modern Media Acquisition Corp (NASDAQ:MMDM) which was down 37.30% to 6.27 in late trade, Appliance Recycling Centers of America Inc (NASDAQ:ARCI) which lost 33.55% to settle at 4.0200 and Attis Industries Inc (NASDAQ:ATIS) which was down 24.86% to 0.68 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2020 to 951 and 79 ended unchanged; on the Nasdaq Stock Exchange, 1996 fell and 685 advanced, while 70 ended unchanged.

Shares in Costco Wholesale Corp (NASDAQ:COST) rose to all time highs; gaining 5.00% or 13.92 to 292.38. Shares in Newmont Goldcorp Corp (NYSE:NEM) rose to 52-week highs; gaining 3.30% or 1.30 to 40.75. Shares in Procter&Gamble Company (NYSE:PG) rose to all time highs; up 1.03% or 1.23 to 120.55. Shares in Modern Media Acquisition Corp (NASDAQ:MMDM) fell to all time lows; falling 37.30% or 3.73 to 6.27. Shares in Attis Industries Inc (NASDAQ:ATIS) fell to all time lows; down 24.86% or 0.23 to 0.68.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 5.12% to 20.31.

Gold Futures for December delivery was up 0.99% or 15.25 to $1552.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 3.82% or 2.05 to hit $55.69 a barrel, while the November Brent oil contract fell 0.08% or 0.05 to trade at $59.62 a barrel.

EUR/USD was up 0.01% to 1.1091, while USD/JPY rose 0.03% to 105.75.

The US Dollar Index Futures was down 0.11% at 97.885.

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