U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.19%

This post was originally published on this site

At the close in NYSE, the Dow Jones Industrial Average fell 1.19%, while the S&P 500 index declined 1.69%, and the NASDAQ Composite index lost 2.18%.

The best performers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE:VZ), which rose 0.69% or 0.37 points to trade at 53.90 at the close. Meanwhile, Dow Inc (NYSE:DOW) added 0.44% or 0.27 points to end at 61.95 and The Travelers Companies Inc (NYSE:TRV) was up 0.42% or 0.78 points to 185.64 in late trade.

The worst performers of the session were Microsoft Corporation (NASDAQ:MSFT), which fell 3.94% or 11.71 points to trade at 285.26 at the close. American Express Company (NYSE:AXP) declined 3.34% or 6.13 points to end at 177.57 and Cisco Systems Inc (NASDAQ:CSCO) was down 2.58% or 1.40 points to 52.88.

The top performers on the S&P 500 were AT&T Inc (NYSE:T) which rose 7.46% to 19.63, Warner Bros Discovery Inc (NASDAQ:WBD) which was up 4.13% to settle at 25.48 and Delta Air Lines Inc (NYSE:DAL) which gained 4.00% to close at 38.21.

The worst performers were Occidental Petroleum Corporation (NYSE:OXY) which was down 6.28% to 57.92 in late trade, IDEXX Laboratories Inc (NASDAQ:IDXX) which lost 5.97% to settle at 514.48 and NVIDIA Corporation (NASDAQ:NVDA) which was down 5.20% to 219.17 at the close.

The top performers on the NASDAQ Composite were Veru Inc (NASDAQ:VERU) which rose 182.30% to 12.28, Hoth Therapeutics Inc (NASDAQ:HOTH) which was up 70.48% to settle at 1.05 and Athersys Inc (NASDAQ:ATHX) which gained 63.00% to close at 0.86.

The worst performers were Singularity Future Technology Ltd (NASDAQ:SGLY) which was down 44.03% to 7.08 in late trade, Helix Acquisition Corp (NASDAQ:MLTX) which lost 39.00% to settle at 6.71 and Bicycle Therapeutics Ltd (NASDAQ:BCYC) which was down 38.69% to 28.81 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2217 to 958 and 106 ended unchanged; on the Nasdaq Stock Exchange, 2558 fell and 1286 advanced, while 184 ended unchanged.

Shares in AT&T Inc (NYSE:T) rose to 5-year lows; gaining 7.46% or 1.36 to 19.63. Shares in Veru Inc (NASDAQ:VERU) rose to 52-week highs; rising 182.30% or 7.93 to 12.28. Shares in Helix Acquisition Corp (NASDAQ:MLTX) fell to all time lows; losing 39.00% or 4.29 to 6.71.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 15.17% to 24.37.

Gold Futures for June delivery was up 0.47% or 9.10 to $1,954.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.46% or 3.40 to hit $94.86 a barrel, while the June Brent oil contract fell 3.67% or 3.77 to trade at $99.01 a barrel.

EUR/USD was unchanged 0.06% to 1.09, while USD/JPY rose 0.83% to 125.36.

The US Dollar Index Futures was up 0.22% at 99.98.