U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.77%

Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Consumer Goods , Technology and Consumer Services sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.77%, while the S&P 500 index lost 1.11%, and the NASDAQ Composite index declined 1.48%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA ), which rose 0.19% or 0.34 points to trade at 180.72 at the close. Meanwhile, Chevron Corp (NYSE:CVX ) added 0.01% or 0.02 points to end at 144.00 and Verizon Communications Inc (NYSE:VZ ) was down 0.10% or 0.04 points to 39.92 in late trade.

The worst performers of the session were NVIDIA Corporation (NASDAQ:NVDA ), which fell 2.04% or 2.86 points to trade at 137.07 at the close. Microsoft Corporation (NASDAQ:MSFT ) declined 1.73% or 7.58 points to end at 430.53 and Amazon.com Inc (NASDAQ:AMZN ) was down 1.40% or 3.19 points to 223.86.

The top performers on the S&P 500 were Lamb Weston Holdings Inc (NYSE:LW ) which rose 2.63% to 67.00, APA Corporation (NASDAQ:APA ) which was up 1.14% to settle at 22.09 and Hershey Co (NYSE:HSY ) which gained 0.97% to close at 171.83.

The worst performers were Super Micro Computer Inc (NASDAQ:SMCI ) which was down 5.22% to 31.98 in late trade, Tesla Inc (NASDAQ:TSLA ) which lost 4.95% to settle at 431.66 and Palantir Technologies Inc (NASDAQ:PLTR ) which was down 3.69% to 79.11 at the close.

The top performers on the NASDAQ Composite were Intrusion Inc (NASDAQ:INTZ ) which rose 381.56% to 2.17, iLearningEngines Inc (NASDAQ:AILE ) which was up 266.05% to settle at 0.59 and Graphjet Technology (NASDAQ:GTI ) which gained 198.38% to close at 1.01.

The worst performers were Viracta Therapeutics Inc (NASDAQ:VIRX ) which was down 32.49% to 0.16 in late trade, reAlpha Tech Corp (NASDAQ:AIRE ) which lost 29.05% to settle at 2.54 and Painreform Ltd (NASDAQ:PRFX ) which was down 28.57% to 3.50 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2262 to 547 and 65 ended unchanged; on the Nasdaq Stock Exchange, 2383 fell and 915 advanced, while 109 ended unchanged.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 8.28% to 15.95.

Gold Futures for February delivery was down 0.80% or 21.36 to $2,632.54 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.95% or 0.66 to hit $70.28 a barrel, while the March Brent oil contract rose 0.85% or 0.62 to trade at $73.47 a barrel.

EUR/USD was unchanged 0.02% to 1.04, while USD/JPY fell 0.06% to 157.91.

The US Dollar Index Futures was down 0.07% at 107.82.

Source: Investing.com