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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.71%

Published 09/23/2016, 04:25 PM
Updated 09/23/2016, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.71%

© Reuters. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.71%

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.71%, while the S&P 500 index declined 0.57%, and the NASDAQ Composite index fell 0.63%.

The best performers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE:VZ), which rose 0.42% or 0.22 points to trade at 52.57 at the close. Meanwhile, Pfizer Inc (NYSE:PFE) added 0.34% or 0.12 points to end at 34.27 and Wal-Mart Stores Inc (NYSE:WMT) was up 0.11% or 0.08 points to 72.35 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 1.70% or 2.85 points to trade at 165.17 at the close. Apple Inc (NASDAQ:AAPL) declined 1.67% or 1.91 points to end at 112.71 and Procter & Gamble Company (NYSE:PG) was down 1.37% or 1.22 points to 87.77.

The top performers on the S&P 500 were Endo International PLC (NASDAQ:ENDP) which rose 15.45% to 23.39, First Solar Inc (NASDAQ:FSLR) which was up 4.63% to settle at 37.06 and Mallinckrodt (NYSE:MNK) which gained 2.57% to close at 76.29.

The worst performers were Transocean Ltd (NYSE:RIG) which was down 5.70% to 9.10 in late trade, Salesforce.com Inc (NYSE:CRM) which lost 5.63% to settle at 70.39 and Devon Energy Corporation (NYSE:DVN) which was down 5.59% to 39.54 at the close.

The top performers on the NASDAQ Composite were BioLineRx Ltd (NASDAQ:BLRX) which rose 26.73% to 1.280, Marinus Pharma (NASDAQ:MRNS) which was up 26.14% to settle at 2.22 and Clearside Biomedical Inc (NASDAQ:CLSD) which gained 18.98% to close at 13.9800.

The worst performers were Enphase Energy Inc (NASDAQ:ENPH) which was down 28.14% to 1.200 in late trade, Rave Restaurant Group Inc (NASDAQ:RAVE) which lost 19.79% to settle at 3.080 and Digital Turbine Inc (NASDAQ:APPS) which was down 19.35% to 1.000 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2135 to 1025 and 84 ended unchanged; on the Nasdaq Stock Exchange, 1530 fell and 988 advanced, while 102 ended unchanged.

Shares in Enphase Energy Inc (NASDAQ:ENPH) fell to all time lows; falling 28.14% or 0.470 to 1.200. Shares in Rave Restaurant Group Inc (NASDAQ:RAVE) fell to 3-years lows; falling 19.79% or 0.760 to 3.080. Shares in Clearside Biomedical Inc (NASDAQ:CLSD) rose to all time highs; rising 18.98% or 2.2300 to 13.9800.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.00% to 12.26.

Gold for December delivery was down 0.26% or 3.45 to $1341.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 3.56% or 1.65 to hit $44.67 a barrel, while the November Brent oil contract fell 3.34% or 1.59 to trade at $46.06 a barrel.

EUR/USD was up 0.21% to 1.1232, while USD/JPY rose 0.32% to 101.07.

The US Dollar Index was up 0.07% at 95.38.

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