Newsletter Wednesday, October 16

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower.

At the close in NYSE, the lost 0.75%, while the index fell 0.76%, and the index declined 0.98%.

The best performers of the session on the were Boeing Co (NYSE:), which rose 2.26% or 3.36 points to trade at 152.35 at the close. Meanwhile, Walmart Inc (NYSE:) added 1.76% or 1.41 points to end at 81.70 and Merck & Company Inc (NYSE:) was up 1.68% or 1.84 points to 111.53 in late trade.

The worst performers of the session were Unitedhealth Group (NYSE:), which fell 8.36% or 50.63 points to trade at 554.77 at the close. Intel Corporation (NASDAQ:) declined 3.33% or 0.78 points to end at 22.66 and Chevron Corp (NYSE:) was down 2.66% or 4.03 points to 147.75.

The top performers on the S&P 500 were Walgreens Boots Alliance Inc (NASDAQ:) which rose 15.78% to 10.42, Carnival Corporation (NYSE:) which was up 6.63% to settle at 21.55 and Charles Schwab Corp (NYSE:) which gained 6.12% to close at 71.97.

The worst performers were KLA Corporation (NASDAQ:) which was down 14.70% to 707.72 in late trade, Lam Research Corp (NASDAQ:) which lost 10.90% to settle at 76.36 and Applied Materials Inc (NASDAQ:) which was down 10.69% to 191.02 at the close.

The top performers on the NASDAQ Composite were Bright Minds Biosciences Inc (NASDAQ:) which rose 1,445.78% to 38.49, NewGenIvf Group Ltd (NASDAQ:) which was up 159.77% to settle at 1.96 and Zapata Computing Holdings Inc (NASDAQ:) which gained 59.74% to close at 0.12.

The worst performers were Seelos Therapeutics Inc (NASDAQ:) which was down 47.76% to 1.28 in late trade, Rani Therapeutics Holdings Inc (NASDAQ:) which lost 33.33% to settle at 2.12 and Notable Labs Ltd (NASDAQ:) which was down 32.75% to 0.27 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1469 to 1350 and 80 ended unchanged; on the Nasdaq Stock Exchange, 1653 rose and 1618 declined, while 130 ended unchanged.

Shares in Carnival Corporation (NYSE:) rose to 52-week highs; gaining 6.63% or 1.34 to 21.55. Shares in Walmart Inc (NYSE:) rose to all time highs; rising 1.76% or 1.41 to 81.70. Shares in Bright Minds Biosciences Inc (NASDAQ:) rose to 52-week highs; up 1,445.78% or 36.00 to 38.49. Shares in Seelos Therapeutics Inc (NASDAQ:) fell to all time lows; falling 47.76% or 1.17 to 1.28. Shares in Notable Labs Ltd (NASDAQ:) fell to all time lows; down 32.75% or 0.13 to 0.27.

The , which measures the implied volatility of S&P 500 options, was up 4.77% to 20.64.

Gold Futures for December delivery was up 0.45% or 12.05 to $2,677.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 3.89% or 2.87 to hit $70.96 a barrel, while the December Brent oil contract fell 3.71% or 2.87 to trade at $74.59 a barrel.

EUR/USD was unchanged 0.21% to 1.09, while USD/JPY fell 0.34% to 149.24.

The US Dollar Index Futures was down 0.03% at 103.06.



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