U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.30%

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At the close in NYSE, the Dow Jones Industrial Average declined 1.30% to hit a new 1-month low, while the S&P 500 index fell 1.89%, and the NASDAQ Composite index declined 2.72%.

The best performers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which rose 0.58% or 1.46 points to trade at 254.59 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 0.38% or 0.62 points to end at 162.62 and Nike Inc (NYSE:NKE) was up 0.15% or 0.22 points to 142.95 in late trade.

The worst performers of the session were Walt Disney Company (NYSE:DIS), which fell 6.94% or 10.24 points to trade at 137.38 at the close. Boeing Co (NYSE:BA) declined 4.09% or 8.75 points to end at 205.44 and Visa Inc Class A (NYSE:V) was down 3.93% or 8.42 points to 205.93.

The top performers on the S&P 500 were CF Industries Holdings Inc (NYSE:CF) which rose 2.64% to 66.00, Ventas Inc (NYSE:VTR) which was up 2.22% to settle at 52.48 and VF Corporation (NYSE:VFC) which gained 2.06% to close at 68.00.

The worst performers were Netflix Inc (NASDAQ:NFLX) which was down 21.79% to 397.50 in late trade, SVB Financial Group (NASDAQ:SIVB) which lost 10.21% to settle at 581.76 and Huntington Bancshares Incorporated (NASDAQ:HBAN) which was down 8.99% to 15.18 at the close.

The top performers on the NASDAQ Composite were Blue Star Foods Corp (NASDAQ:BSFC) which rose 100.00% to 3.80, Pintec Technology Holdings Ltd (NASDAQ:PT) which was up 55.31% to settle at 1.3900 and CF Acquisition Corp V (NASDAQ:CFV) which gained 31.31% to close at 12.330.

The worst performers were Oceanpal Inc (NASDAQ:OP) which was down 52.50% to 0.56 in late trade, ReTo Eco-Solutions Inc (NASDAQ:RETO) which lost 28.10% to settle at 1.7400 and Renovare Environmental Inc (NASDAQ:RENO) which was down 24.70% to 0.5576 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2690 to 630 and 112 ended unchanged; on the Nasdaq Stock Exchange, 3244 fell and 728 advanced, while 150 ended unchanged.

Shares in Netflix Inc (NASDAQ:NFLX) fell to 52-week lows; losing 21.79% or 110.75 to 397.50. Shares in Walt Disney Company (NYSE:DIS) fell to 52-week lows; falling 6.94% or 10.24 to 137.38. Shares in Oceanpal Inc (NASDAQ:OP) fell to all time lows; losing 52.50% or 0.62 to 0.56. Shares in CF Acquisition Corp V (NASDAQ:CFV) rose to all time highs; up 31.31% or 2.940 to 12.330. Shares in Renovare Environmental Inc (NASDAQ:RENO) fell to all time lows; falling 24.70% or 0.1829 to 0.5576.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 12.74% to 28.85 a new 1-month high.

Gold Futures for February delivery was down 0.36% or 6.70 to $1835.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.83% or 0.71 to hit $84.84 a barrel, while the March Brent oil contract fell 0.72% or 0.64 to trade at $87.74 a barrel.

EUR/USD was up 0.30% to 1.1344, while USD/JPY fell 0.35% to 113.69.

The US Dollar Index Futures was down 0.11% at 95.620.