United States shares lower at close of trade; Dow Jones Industrial Average down 0.99%

Published 08-02-2025, 03:00 am
Updated 08-02-2025, 03:06 am
© Reuters

Investing.com – United States equities were lower at the close on Friday, as losses in the Dow Jones Consumer Services, Dow Jones Consumer Goods and Dow Jones Basic Materials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.99%, while the S&P 500 index declined 0.95%, and the NASDAQ Composite index lost 1.36%.

The biggest gainers of the session on the Dow Jones Industrial Average were NVIDIA Corporation (NASDAQ:NVDA), which rose 0.90% or 1.16 points to trade at 129.84 at the close. Coca-Cola Co (NYSE:KO) added 0.76% or 0.48 points to end at 63.84 and Chevron Corp (NYSE:CVX) was up 0.47% or 0.72 points to 152.62 in late trade.

Biggest losers included Nike Inc (NYSE:NKE), which fell 4.27% or 3.06 points to trade at 68.68 in late trade. Amazon.com Inc (NASDAQ:AMZN) declined 4.05% or 9.68 points to end at 229.15 and Apple Inc (NASDAQ:AAPL) down 2.40% or 5.59 points to 227.63.

The top performers on the S&P 500 were Expedia Inc (NASDAQ:EXPE) which rose 17.27% to 202.37, Take-Two Interactive Software Inc (NASDAQ:TTWO) which was up 14.03% to settle at 208.77 and Monolithic Power Systems Inc (NASDAQ:MPWR) which gained 8.98% to close at 720.25.

The worst performers were Ulta Beauty Inc (NASDAQ:ULTA) which was down 6.68% to 374.79 in late trade, Air Products and Chemicals Inc (NYSE:APD) which lost 5.39% to settle at 310.44 and DR Horton Inc (NYSE:DHI) which was down 4.99% to 129.00 at the close.

The top performers on the NASDAQ Composite were MGO Global Inc (NASDAQ:MGOL) which rose 124.32% to 0.41, Conduit Pharmaceuticals Inc (NASDAQ:CDT) which was up 83.87% to settle at 2.85 and Garden Stage Ltd (NASDAQ:GSIW) which gained 78.30% to close at 0.79.

The worst performers were Fitell Corp (NASDAQ:FTEL) which was down 57.17% to 2.69 in late trade, Safe & Green Holdings Corp (NASDAQ:SGBX) which lost 45.22% to settle at 0.63 and Nikola Corp (NASDAQ:NKLA) which was down 41.12% to 0.44 at the close.

Falling stocks outnumbered advancing ones by 1999 to 764 and 93 ended unchanged; on the Nasdaq Stock Exchange, 2380 fell and 924 advanced, while 116 ended unchanged on the New York Stock Exchange.

Shares in Expedia Inc (NASDAQ:EXPE) rose to 52-week highs; up 17.27% or 29.80 to 202.37. Shares in Take-Two Interactive Software Inc (NASDAQ:TTWO) rose to 3-year highs; up 14.03% or 25.69 to 208.77. Shares in DR Horton Inc (NYSE:DHI) fell to 52-week lows; down 4.99% or 6.78 to 129.00. Shares in Nike Inc (NYSE:NKE) fell to 3-year lows; losing 4.27% or 3.06 to 68.68. Shares in Fitell Corp (NASDAQ:FTEL) fell to 52-week lows; falling 57.17% or 3.59 to 2.69. Shares in Nikola Corp (NASDAQ:NKLA) fell to all time lows; falling 41.12% or 0.31 to 0.44.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.71% to 16.54.

Gold Futures for April delivery was up 0.36% or 10.44 to $2,887.14 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.57% or 0.40 to hit $71.01 a barrel, while the April Brent oil contract rose 0.48% or 0.36 to trade at $74.65 a barrel.

EUR/USD was down 0.53% to 1.03, while USD/JPY rose 0.03% to 151.39.

The US Dollar Index Futures was up 0.37% at 107.95.

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