empty
31.08.2022 05:03 AM
US stocks closed lower, Dow Jones down 0.96%

This image is no longer relevant

At the close of the New York Stock Exchange, the Dow Jones fell 0.96% to a one-month low, the S&P 500 fell 1.10% and the NASDAQ Composite index shed 1.12%.

The leading performer among the Dow Jones index components in today's trading was American Express Company, which gained 0.12 points (0.08%) to close at 154.66. Quotes JPMorgan Chase & Co rose by 0.02 points (0.02%), ending trading at 114.41. Nike Inc lost 0.02 points (0.02%) to close at 107.86.

The biggest losers were Dow Inc, which shed 1.49 points or 2.82% to end the session at 51.38. Caterpillar Inc was up 2.52% or 4.84 points to close at 186.94, while Chevron Corp was down 2.44% or 4.01 points to close at 160.62. .

Leading gainers among the S&P 500 index components in today's trading were EPAM Systems Inc, which rose 2.09% to 424.71, Gap Inc, which gained 2.00% to close at 9.67, and Paycom Soft, which rose 1.74% to end the session at 357.29.

The biggest losers were CF Industries Holdings Inc, which shed 6.48% to close at 106.00. Shares of Freeport-McMoran Copper & Gold Inc shed 5.52% to end the session at 29.76. Quotes of The Mosaic Company decreased in price by 4.97% to 57.34.

Leading gainers among the components of the NASDAQ Composite in today's trading were Mobile Global Esports Inc, which rose 103.85% to hit 5.30, Newage Inc, which gained 74.20% to close at 0.36, and also shares of In8bio Inc, which rose 39.39% to end the session at 2.76.

The biggest losers were Amesite Operating Co, which shed 51.45% to close at 0.40. Shares of Baudax Bio Inc lost 43.07% and ended the session at 0.31. Quotes Clarus Therapeutics Holdings Inc fell in price by 36.94% to 0.10.

On the New York Stock Exchange, the number of securities that fell in price (2481) exceeded the number of those that closed in positive territory (647), while quotes of 124 shares remained virtually unchanged. On the NASDAQ stock exchange, 2,587 companies fell in price, 1,138 rose, and 248 remained at the level of the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, was flat at 0.00% at 26.21, hitting a new monthly high.

Gold futures for December delivery lost 0.81%, or 14.25, to hit $1.00 a troy ounce. In other commodities, WTI October futures fell 4.93%, or 4.78, to $92.23 a barrel. Brent oil futures for November delivery fell 4.36%, or 4.49, to $98.44 a barrel.

Meanwhile, in the Forex market, the EUR/USD pair was unchanged 0.25% to 1.00, while USD/JPY was up 0.08% to hit 138.80.

Futures on the USD index fell 0.03% to 108.75.

Thomas Frank,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

US Market News Digest for May 23

The May 23 outlook for the S&P 500 suggests consolidation just below the resistance level near 5,908. Under favorable conditions, the index has the potential to rise towards the 6,318

Ekaterina Kiseleva 12:16 2025-05-23 UTC+2

Tech on the Rise: Snowflake, Alphabet Shine as Solar Sector Slumps

U.S. stock markets closed Thursday with little movement, recovering from earlier declines as bond yields dipped from recent highs. This shift came in the wake of the House of Representatives'

Thomas Frank 11:09 2025-05-23 UTC+2

Dow sheds nearly 2% as Wolfspeed, Target, and UnitedHealth drag market into crisis

Indices: The Dow plunged 1.91%, the S&P 500 dropped 1.61%, and the Nasdaq fell 1.41%. Wolfspeed tumbled following reports of a potential bankruptcy. Target sank after cutting its full-year sales

13:01 2025-05-22 UTC+2

US Market News Digest for May 22

Google shares posted a confident advance, driven by positive technical signals. Anticipating a continued uptrend, investors are setting target levels at 176.80, 186.27, and 194.41, making the stock appealing

Ekaterina Kiseleva 12:44 2025-05-22 UTC+2

Dow drops nearly 2% as Wolfspeed, Target, UnitedHealth plunge market into crisis

Indices: Dow down 1.91%, S&P 500 down 1.61%, Nasdaq down 1.41% Wolfspeed falls after bankruptcy report Target falls after cutting full-year sales forecast UnitedHealth falls after secret payment report, HSBC

Thomas Frank 10:06 2025-05-22 UTC+2

The Pound in a Trap: Why UK Inflation Is Scarier Than a US Recession

A new chapter is beginning on the currency market, and the British pound appears to be writing it. April's inflation data came as a real shock to investors: the UK's

Anna Zotova 00:05 2025-05-22 UTC+2

Falling indices, Tesla's surge, and Julius Baer's collapse: a day of sharp contrasts in the markets

Rge benchmark stock indices are falling: * Dow -0.27%, * S&P 500 -0.39%, * Nasdaq -0.38% Tesla is rising after Musk announced his willingness to return as CEO. Home Depot

12:40 2025-05-21 UTC+2

US Market News Digest for May 21

Following a staggering $8.6 trillion rally, the US market is showing signs of fatigue. Despite negative macroeconomic indicators and the recent US credit rating downgrade, Morgan Stanley maintains a bold

Ekaterina Kiseleva 12:23 2025-05-21 UTC+2

The Dollar Is No Longer King. What You Need to Know

Historically, the U.S. dollar has been the primary safe haven during crises such as wars, sanctions, and banking shocks; investors tend to flock to the dollar as their ultimate safety

Anna Zotova 00:59 2025-05-21 UTC+2

US Market News Digest for May 20

Despite the downgrade of the US credit rating and rising Treasury yields, retail investors remain active buyers of equities. Net purchases have surged to a record $4 billion, signaling confidence

Ekaterina Kiseleva 12:16 2025-05-20 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.