U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.08%

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At the close in NYSE, the Dow Jones Industrial Average lost 0.08%, while the S&P 500 index lost 0.87%, and the NASDAQ Composite index declined 2.47%.

The best performers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE:VZ), which rose 4.35% or 2.20 points to trade at 52.75 at the close. Meanwhile, The Travelers Companies Inc (NYSE:TRV) added 2.30% or 3.65 points to end at 162.02 and International Business Machines (NYSE:IBM) was up 2.29% or 2.82 points to 125.93 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 3.93% or 7.04 points to trade at 172.26 at the close. Microsoft Corporation (NASDAQ:MSFT) declined 2.91% or 9.75 points to end at 324.90 and Salesforce.com Inc (NYSE:CRM) was down 2.66% or 6.92 points to 253.12.

The top performers on the S&P 500 were Newmont Goldcorp Corp (NYSE:NEM) which rose 8.80% to 59.00, AT&T Inc (NYSE:T) which was up 6.95% to settle at 23.71 and Accenture plc (NYSE:ACN) which gained 6.74% to close at 400.60.

The worst performers were Adobe Systems Incorporated (NASDAQ:ADBE) which was down 10.19% to 566.09 in late trade, Skyworks Solutions Inc (NASDAQ:SWKS) which lost 8.47% to settle at 146.39 and Xilinx Inc (NASDAQ:XLNX) which was down 8.24% to 199.78 at the close.

The top performers on the NASDAQ Composite were Adagio Therapeutics Inc (NASDAQ:ADGI) which rose 123.31% to 14.18, Kaixin Auto Holdings (NASDAQ:KXIN) which was up 36.29% to settle at 1.690 and Assertio Therapeutics Inc (NASDAQ:ASRT) which gained 23.70% to close at 1.6700.

The worst performers were Uniqure NV (NASDAQ:QURE) which was down 29.60% to 20.24 in late trade, Aerovate Therapeutics Inc (NASDAQ:AVTE) which lost 25.93% to settle at 9.14 and P3 Health Partners Inc (NASDAQ:PIII) which was down 21.47% to 8.74 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1773 to 1493 and 137 ended unchanged; on the Nasdaq Stock Exchange, 2588 fell and 1247 advanced, while 203 ended unchanged.

Shares in Accenture plc (NYSE:ACN) rose to all time highs; rising 6.74% or 25.30 to 400.60. Shares in Uniqure NV (NASDAQ:QURE) fell to 3-years lows; down 29.60% or 8.51 to 20.24. Shares in Aerovate Therapeutics Inc (NASDAQ:AVTE) fell to all time lows; falling 25.93% or 3.20 to 9.14. Shares in P3 Health Partners Inc (NASDAQ:PIII) fell to all time lows; falling 21.47% or 2.39 to 8.74.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.64% to 20.57.

Gold Futures for February delivery was up 2.03% or 35.80 to $1800.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.55% or 1.10 to hit $71.97 a barrel, while the February Brent oil contract unchanged 0.00% or 0.00 to trade at $74.62 a barrel.

EUR/USD was up 0.04% to 1.1332, while USD/JPY rose 0.00% to 113.71.

The US Dollar Index Futures was down 0.55% at 95.948.