U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.57%

Jul 30, 2018

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

At the close in NYSE, the Dow Jones Industrial Average fell 0.57%, while the S&P 500 index lost 0.58%, and the NASDAQ Composite index lost 1.39%.

The best performers of the session on the Dow Jones Industrial Average were Merck&Company Inc (NYSE:MRK), which rose 2.08% or 1.32 points to trade at 64.81 at the close. Meanwhile, Chevron Corp (NYSE:CVX) added 1.48% or 1.86 points to end at 127.83 and Verizon Communications Inc (NYSE:VZ) was up 0.92% or 0.48 points to 52.49 in late trade.

The worst performers of the session were Visa Inc. (NYSE:V), which fell 3.01% or 4.23 points to trade at 136.48 at the close. American Express Company (NYSE:AXP) declined 2.89% or 3.00 points to end at 100.85 and Boeing Co. (NYSE:BA) was down 2.66% or 9.59 points to 351.06.

The top performers on the S&P 500 were Chesapeake Energy Corporation (NYSE:CHK) which rose 5.90% to 4.670, Franklin Resources Inc (NYSE:BEN) which was up 5.73% to settle at 34.31 and Invesco Plc (NYSE:IVZ) which gained 5.35% to close at 27.36.

The worst performers were Tyson Foods Inc (NYSE:TSN) which was down 7.61% to 58.72 in late trade, Sysco Corporation (NYSE:SYY) which lost 6.73% to settle at 66.67 and Netflix Inc (NASDAQ:NFLX) which was down 5.70% to 334.96 at the close.

The top performers on the NASDAQ Composite were SSLJ.com Ltd Class A (NASDAQ:SSLJ) which rose 61.48% to 2.1800, ARCA Biopharma Inc (NASDAQ:ABIO) which was up 40.86% to settle at 0.817 and MYnd Analytics Inc (NASDAQ:MYND) which gained 33.81% to close at 1.86.

The worst performers were Helios and Matheson Analytics Inc (NASDAQ:HMNY) which was down 60.00% to 0.800 in late trade, iFresh Inc (NASDAQ:IFMK) which lost 34.18% to settle at 2.60 and Wilhelmina (NASDAQ:WHLM) which was down 23.97% to 6.25 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1627 to 1399 and 132 ended unchanged; on the Nasdaq Stock Exchange, 1674 fell and 888 advanced, while 136 ended unchanged.

Shares in Tyson Foods Inc (NYSE:TSN) fell to 52-week lows; falling 7.61% or 4.84 to 58.72. Shares in Helios and Matheson Analytics Inc (NASDAQ:HMNY) fell to 5-year lows; falling 60.00% or 1.200 to 0.800. Shares in iFresh Inc (NASDAQ:IFMK) fell to all time lows; losing 34.18% or 1.35 to 2.60.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 9.52% to 14.27.

Gold Futures for August delivery was down 0.22% or 2.70 to $1220.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.95% or 1.34 to hit $70.03 a barrel, while the October Brent oil contract rose 0.80% or 0.60 to trade at $75.36 a barrel.

EUR/USD was up 0.39% to 1.1704, while USD/JPY rose 0.05% to 111.09.

The US Dollar Index Futures was down 0.34% at 94.15.