U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.02%

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At the close in NYSE, the Dow Jones Industrial Average fell 1.02% to hit a new 1-month low, while the S&P 500 index lost 1.05%, and the NASDAQ Composite index fell 1.69%.

The best performers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW), which rose 1.05% or 0.60 points to trade at 57.79 at the close. Meanwhile, JPMorgan Chase & Co (NYSE:JPM) added 0.90% or 1.26 points to end at 140.93 and Verizon Communications Inc (NYSE:VZ) was up 0.58% or 0.22 points to 38.76 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 4.80% or 9.98 points to trade at 198.15 at the close. Microsoft Corporation (NASDAQ:MSFT) declined 2.18% or 5.55 points to end at 249.22 and Intel Corporation (NASDAQ:INTC) was down 1.84% or 0.47 points to 25.14.

The top performers on the S&P 500 were Linde PLC (NYSE:LIN) which rose 4.75% to 347.64, Edison International (NYSE:EIX) which was up 4.19% to settle at 68.62 and Coterra Energy Inc (NYSE:CTRA) which gained 3.59% to close at 25.55.

The worst performers were Autodesk Inc (NASDAQ:ADSK) which was down 12.95% to 192.53 in late trade, Live Nation Entertainment Inc (NYSE:LYV) which lost 10.07% to settle at 68.79 and Adobe Systems Incorporated (NASDAQ:ADBE) which was down 7.63% to 320.54 at the close.

The top performers on the NASDAQ Composite were Bridger Aerospace Group Holdings Inc (NASDAQ:BAER) which rose 78.73% to 7.90, Cyren Ltd (NASDAQ:CYRN) which was up 61.90% to settle at 0.34 and Connexa Sports Technologies Inc (NASDAQ:CNXA) which gained 49.43% to close at 0.21.

The worst performers were Fulcrum Therapeutics Inc (NASDAQ:FULC) which was down 56.09% to 5.66 in late trade, Sellas Life Sciences Group Inc (NASDAQ:SLS) which lost 53.66% to settle at 1.71 and ObsEva SA (NASDAQ:OBSV) which was down 50.77% to 0.08 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2148 to 868 and 78 ended unchanged; on the Nasdaq Stock Exchange, 2734 fell and 913 advanced, while 150 ended unchanged.

Shares in Linde PLC (NYSE:LIN) rose to all time highs; up 4.75% or 15.75 to 347.64. Shares in Sellas Life Sciences Group Inc (NASDAQ:SLS) fell to 52-week lows; losing 53.66% or 1.98 to 1.71. Shares in ObsEva SA (NASDAQ:OBSV) fell to all time lows; falling 50.77% or 0.09 to 0.08.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.51% to 21.67.

Gold Futures for April delivery was down 0.47% or 8.55 to $1,818.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.51% or 1.14 to hit $76.53 a barrel, while the April Brent oil contract rose 1.34% or 1.10 to trade at $83.31 a barrel.

EUR/USD was unchanged 0.43% to 1.05, while USD/JPY rose 1.28% to 136.43.

The US Dollar Index Futures was up 0.61% at 105.17.