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Home International Markets

US stocks plunge at end, Dow Jones falls 1.00%

byCustoms Today Report
23/07/2015
in International Markets
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LONDON:U.S. stocks were lower after the close on Tuesday, as losses in the Telecoms, Industrials and Utilities sectors led shares lower.

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At the close in New York, the Dow Jones Industrial Average fell 1.00%, while the S&P 500 index declined 0.43%, and the NASDAQ Composite index fell 0.21%.

The best performers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which rose 1.82% or 1.87 points to trade at 104.48 at the close. Meanwhile, Chevron Corporation (NYSE:CVX) added 1.03% or 0.96 points to end at 93.90 and Microsoft Corporation (NASDAQ:MSFT) was up 0.77% or 0.36 points to 47.28 in late trade.

The worst performers of the session were United Technologies Corporation (NYSE:UTX), which fell 7.03% or 7.77 points to trade at 102.71 at the close. International Business Machines (NYSE:IBM) declined 5.86% or 10.15 points to end at 163.07 and Verizon Communications Inc (NYSE:VZ) was down 2.35% or 1.13 points to 46.97.

The top performers on the S&P 500 were CONSOL Energy Inc (NYSE:CNX) which rose 5.34% to 17.55, Harley-Davidson Inc (NYSE:HOG) which was up 4.97% to settle at 57.67 and Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which gained 4.45% to close at 15.72.

The worst performers were Chesapeake Energy Corporation (NYSE:CHK) which was down 9.54% to 9.29 in late trade, United Technologies Corporation (NYSE:UTX) which lost 7.03% to settle at 102.71 and Tegna Inc (NYSE:TGNA) which was down 6.65% to 30.0500 at the close.

 

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