U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.15%

22/10/2019 21:25:00 Stock Market

U.S. stocks were lower after the close on Tuesday, as losses in the Technology, Financials and Consumer Services sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.15%, while the S&P 500 index lost 0.36%, and the NASDAQ Composite index declined 0.72%.

The best performers of the session on the Dow Jones Industrial Average were Procter&Gamble Company (NYSE:PG), which rose 2.60% or 3.10 points to trade at 122.18 at the close. Meanwhile, UnitedHealth Group Incorporated (NYSE:UNH) added 2.28% or 5.56 points to end at 249.48 and United Technologies Corporation (NYSE:UTX) was up 2.21% or 3.06 points to 141.41 in late trade.

The worst performers of the session were The Travelers Companies Inc (NYSE:TRV), which fell 8.29% or 11.76 points to trade at 130.15 at the close. McDonald’s Corporation (NYSE:MCD) declined 5.04% or 10.58 points to end at 199.27 and Merck&Company Inc (NYSE:MRK) was down 3.81% or 3.22 points to 81.30.

The top performers on the S&P 500 were Biogen Inc (NASDAQ:BIIB) which rose 26.11% to 281.87, Harley-Davidson Inc (NYSE:HOG) which was up 7.98% to settle at 40.04 and Under Armour Inc C (NYSE:UA) which gained 6.88% to close at 19.420.

The worst performers were Hasbro Inc (NASDAQ:HAS) which was down 16.76% to 100.02 in late trade, The Travelers Companies Inc (NYSE:TRV) which lost 8.29% to settle at 130.15 and Kimberly-Clark Corporation (NYSE:KMB) which was down 7.05% to 129.38 at the close.

The top performers on the NASDAQ Composite were Trovagene Inc (NASDAQ:TROV) which rose 70.48% to 1.790, Biontech Se (NASDAQ:BNTX) which was up 26.78% to settle at 20.64 and Biogen Inc (NASDAQ:BIIB) which gained 26.11% to close at 281.87.

The worst performers were Tile Shop Hldgs Inc (NASDAQ:TTS) which was down 66.27% to 1.130 in late trade, Pareteum Corp (NASDAQ:TEUM) which lost 59.53% to settle at 0.299 and Osmotica Pharmaceuticals PLC (NASDAQ:OSMT) which was down 27.00% to 3.46 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1618 to 1224 and 103 ended unchanged; on the Nasdaq Stock Exchange, 1419 fell and 1196 advanced, while 83 ended unchanged.

Shares in Tile Shop Hldgs Inc (NASDAQ:TTS) fell to all time lows; down 66.27% or 2.220 to 1.130. Shares in Biontech Se (NASDAQ:BNTX) rose to all time highs; rising 26.78% or 4.36 to 20.64. Shares in Pareteum Corp (NASDAQ:TEUM) fell to all time lows; losing 59.53% or 0.440 to 0.299.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.29% to 14.46.

Gold Futures for December delivery was up 0.17% or 2.55 to $1490.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.53% or 0.82 to hit $54.33 a barrel, while the December Brent oil contract rose 0.07% or 0.04 to trade at $59.65 a barrel.

EUR/USD was up 0.01% to 1.1125, while USD/JPY rose 0.00% to 108.47.

The US Dollar Index Futures was up 0.22% at 97.262.