September 24, 2023

Bobbys Brane

Bobbys Brane – Business & Tech Blog

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.54% By Investing.com

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© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.54%

Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in NYSE, the fell 0.54%, while the index fell 0.70%, and the index declined 1.17%.

The best performers of the session on the were Dow Inc (NYSE:), which rose 0.97% or 0.54 points to trade at 55.55 at the close. Meanwhile, Honeywell International Inc (NASDAQ:) added 0.85% or 1.59 points to end at 189.24 and Caterpillar Inc (NYSE:) was up 0.58% or 1.64 points to 284.53 in late trade.

The worst performers of the session were Salesforce Inc (NYSE:), which fell 2.70% or 5.72 points to trade at 205.86 at the close. Intel Corporation (NASDAQ:) declined 2.11% or 0.74 points to end at 34.28 and Goldman Sachs Group Inc (NYSE:) was down 1.60% or 5.57 points to 342.69.

The top performers on the S&P 500 were Axon Enterprise Inc (NASDAQ:) which rose 14.06% to 200.44, Akamai Technologies Inc (NASDAQ:) which was up 8.47% to settle at 102.99 and Fleetcor Technologies Inc (NYSE:) which gained 6.29% to close at 259.93.

The worst performers were NVIDIA Corporation (NASDAQ:) which was down 4.72% to 425.54 in late trade, Paramount Global Class B (NASDAQ:) which lost 4.46% to settle at 15.62 and Broadcom Inc (NASDAQ:) which was down 3.67% to 850.73 at the close.

The top performers on the NASDAQ Composite were Tango Therapeutics Inc (NASDAQ:) which rose 103.92% to 7.81, Renovaro Biosciences Inc (NASDAQ:) which was up 82.35% to settle at 1.55 and Decibel Therapeutics Inc (NASDAQ:) which gained 80.29% to close at 5.03.

The worst performers were Palisade Bio Inc (NASDAQ:) which was down 62.50% to 0.72 in late trade, Bruush Oral Care Inc Unit (NASDAQ:) which lost 44.94% to settle at 4.24 and Yellow Corp (NASDAQ:) which was down 44.81% to 1.70 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1594 to 1329 and 76 ended unchanged; on the Nasdaq Stock Exchange, 2226 fell and 1282 advanced, while 113 ended unchanged.

Shares in Akamai Technologies Inc (NASDAQ:) rose to 52-week highs; rising 8.47% or 8.04 to 102.99. Shares in Palisade Bio Inc (NASDAQ:) fell to all time lows; losing 62.50% or 1.21 to 0.72.

The , which measures the implied volatility of S&P 500 options, was down 0.19% to 15.96.

Gold Futures for December delivery was down 0.57% or 11.25 to $1,948.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.62% or 1.34 to hit $84.26 a barrel, while the October Brent oil contract rose 1.47% or 1.27 to trade at $87.44 a barrel.

EUR/USD was unchanged 0.17% to 1.10, while USD/JPY rose 0.22% to 143.68.

The US Dollar Index Futures was down 0.01% at 102.33.

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