U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.45%

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At the close in NYSE, the Dow Jones Industrial Average declined 1.45%, while the S&P 500 index lost 2.44%, and the NASDAQ Composite index lost 3.74%.

The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 1.87% or 8.99 points to trade at 488.77 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 0.95% or 1.54 points to end at 164.14 and Coca-Cola Co (NYSE:KO) was up 0.70% or 0.43 points to 61.61 in late trade.

The worst performers of the session were Honeywell International Inc (NASDAQ:HON), which fell 7.61% or 15.80 points to trade at 191.75 at the close. Salesforce.com Inc (NYSE:CRM) declined 5.44% or 12.24 points to end at 212.77 and Microsoft Corporation (NASDAQ:MSFT) was down 3.80% or 11.91 points to 301.55.

The top performers on the S&P 500 were DXC Technology Co (NYSE:DXC) which rose 13.75% to 34.91, T-Mobile US Inc (NASDAQ:TMUS) which was up 10.22% to settle at 120.78 and Humana Inc (NYSE:HUM) which gained 6.23% to close at 426.21.

The worst performers were Meta Platforms Inc (NASDAQ:FB) which was down 26.44% to 237.60 in late trade, Xylem Inc (NYSE:XYL) which lost 12.18% to settle at 91.49 and Qorvo Inc (NASDAQ:QRVO) which was down 10.33% to 128.72 at the close.

The top performers on the NASDAQ Composite were Soc Telemed Inc (NASDAQ:TLMD) which rose 342.82% to 2.850, Kaival Brands Innovations Group Inc (NASDAQ:KAVL) which was up 92.06% to settle at 1.210 and Biocardia Inc (NASDAQ:BCDA) which gained 27.39% to close at 2.000.

The worst performers were Meta Platforms Inc (NASDAQ:FB) which was down 26.44% to 237.60 in late trade, Dave Inc (NASDAQ:DAVE) which lost 22.27% to settle at 10.82 and Redbox Entertainment Inc (NASDAQ:RDBX) which was down 20.39% to 2.030 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2651 to 604 and 87 ended unchanged; on the Nasdaq Stock Exchange, 2994 fell and 835 advanced, while 168 ended unchanged.

Shares in Meta Platforms Inc (NASDAQ:FB) fell to 52-week lows; losing 26.44% or 85.40 to 237.60. Shares in Xylem Inc (NYSE:XYL) fell to 52-week lows; losing 12.18% or 12.69 to 91.49. Shares in Honeywell International Inc (NASDAQ:HON) fell to 52-week lows; down 7.61% or 15.80 to 191.75. Shares in Coca-Cola Co (NYSE:KO) rose to all time highs; rising 0.70% or 0.43 to 61.61. Shares in Meta Platforms Inc (NASDAQ:FB) fell to 52-week lows; falling 26.44% or 85.40 to 237.60. Shares in Redbox Entertainment Inc (NASDAQ:RDBX) fell to all time lows; down 20.39% or 0.520 to 2.030.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 10.23% to 24.35.

Gold Futures for April delivery was down 0.28% or 5.05 to $1805.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.16% or 1.91 to hit $90.17 a barrel, while the April Brent oil contract fell 0.05% or 0.05 to trade at $90.94 a barrel.

EUR/USD was down 0.02% to 1.1436, while USD/JPY rose 0.01% to 114.96.

The US Dollar Index Futures was down 0.62% at 95.343.