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24.08.2022 05:18 AM
US stocks closed lower, Dow Jones down 0.47%

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At the close of the New York Stock Exchange, the Dow Jones fell 0.47%, the S&P 500 fell 0.22%, and the NASDAQ Composite fell 0.03%.

Chevron Corp was the top gainer among the components of the Dow Jones index today, up 5.09 points or 3.24% to close at 161.99. Quotes of Caterpillar Inc rose by 5.45 points (2.84%), closing the session at 197.21. Dow Inc rose 1.21 points or 2.22% to close at 55.62.

The biggest losers were Procter & Gamble Company, which shed 2.88 points or 1.93% to end the session at 146.45. Home Depot Inc climbed 1.70% or 5.31 points to close at 306.90 while UnitedHealth Group Incorporated shed 1.61% or 8.77 points to close at 535 .80.

Leading gainers among the S&P 500 index components in today's trading were Halliburton Company, which rose 6.95% to hit 31.22, Occidental Petroleum Corporation, which gained 6.90% to close at 73.79, and shares of Schlumberger NV, which rose 6.61% to close the session at 39.36.

The biggest losers were shares of Twitter Inc, which shed 7.32% to close at 39.86. Shares of Pool Corporation shed 3.72% to end the session at 360.63. Quotes Healthpeak Properties Inc fell in price by 3.16% to 26.93.

Leading gainers among the components of the NASDAQ Composite in today's trading were Reviva Pharmaceuticals Holdings, Inc., which rose 53.04% to 1.49, Windtree Therapeutics Inc, which gained 52.21% to close at 0. 70, as well as shares of China Index Holdings Ltd., which rose 42.86% to close the session at 1.00.

The drop leaders were WeTrade Group Inc, which shed 39.02% to close at 3.22. Shares of Golden Sun Education Group Ltd lost 38.06% and ended the session at 21.99. Quotes of Bright Minds Biosciences Inc decreased in price by 38.43% to 1.33.

On the New York Stock Exchange, the number of securities that rose in price (1,552) exceeded the number of those that closed in the red (1,531), while quotes of 123 shares remained virtually unchanged. On the NASDAQ stock exchange, 1897 companies rose in price, 1846 fell, and 197 remained at the level of the previous close.

Shares in Occidental Petroleum Corporation surged to a 3-year high, rising 6.90% or 4.76 points to close at 73.79.

The CBOE Volatility Index, which is based on S&P 500 options trading, rose 1.30% to 24.11.

Gold Futures for December delivery added 0.71%, or 12.35, to $1.00 a troy ounce. In other commodities, WTI October futures rose 3.62%, or 3.27, to $93.63 a barrel. Brent futures for October delivery rose 3.81%, or 3.68, to $100.16 a barrel.

Meanwhile, in the Forex market, the EUR/USD pair was unchanged 0.28% to 1.00, while USD/JPY fell 0.51% to hit 136.76.

Futures on the USD index fell 0.47% to 108.47.

Thomas Frank,
Analytical expert of InstaForex
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