Support our online development, and advance our onground research initiatives in free market economics, as we seek to showcase the brightest Next-Gen minds.
THE ME-P DISCLAIMER: Posts, comments and opinions do not necessarily represent iMBA, Inc., but become our property after submission. Copyright © 2006 to-date. iMBA, Inc allows colleges, universities, medical and financial professionals and related clinics, hospitals and non-profit healthcare organizations to distribute our proprietary essays, photos, videos, audios and other documents; etc. However, please review copyright and usage information for each individual asset before submission to us, and/or placement on your publication or web site. Attestation references, citations and/or back-links are required. All other assets are property of the individual copyright holder.
By Staff Reporters
***
***
U.S. stocks were lower after the close on Wednesday, as losses in the Consumer Goods, Technology and Oil&Gas sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average fell 0.52%, while the S&P 500 index lost 0.76%, and the NASDAQ Composite index lost 1.15%.
The best performers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which rose 1.19% or 1.94 points to trade at 165.42 at the close. Meanwhile, Home Depot Inc (NYSE:HD) added 0.28% or 0.92 points to end at 333.06 and Merck&Company Inc (NYSE:MRK) was up 0.06% or 0.07 points to 108.73 in late trade.
The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 3.57% or 1.24 points to trade at 33.53 at the close. Walgreens Boots Alliance Inc (NASDAQ:WBA) declined 1.43% or 0.41 points to end at 28.19 and Caterpillar Inc (NYSE:CAT) was down 1.03% or 2.86 points to 274.51.
CITE: https://www.r2library.com/Resource
***
Here is a recap where the major benchmarks ended:
- The S&P 500 Index was down 33.53 points (0.8%) at 4,404.33; the Dow Jones Industrial Average (DJIA) was down 180.65 points (0.5%) at 34,765.74; the NASDAQ Composite (COMP) was down 156.42 points (1.2%) at 13,474.63.
- The 10-year Treasury note yield (TNX) was up about 5 basis points at 4.27%.
- CBOE’s Volatility Index (VIX) was up 0.28 at 16.74.
Chipmakers remained weak, with the Philadelphia Semiconductor Index (SOX) down nearly 2% to a 10-week low. Energy companies also slipped as crude oil futures extended a week-long slide by dropping under $80 a barrel to a three-week closing low. Utilities were among the few sectors posting gains.
The U.S. Dollar Index (DXY) hit a six-week high on expectations U.S. rates will remain elevated.
***
***
COMMENTS APPRECIATED
Thank You
***
Share this:
Filed under: "Ask-an-Advisor", Alerts Sign-Up, Investing | Tagged: CAT, CBOE, DJIA, DOW, DXY, gas, HD, INTC, MRK, NASDAQ, NYSE, oil, S&P 500, SOX, TRV, VIX, WBA | Leave a comment »
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 