U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.90%

Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the Technology , Basic Materials and Financials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.90% to hit a new 1-month low, while the S&P 500 index lost 1.86%, and the NASDAQ Composite index fell 2.81%.

The best performers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE:VZ ), which rose 2.06% or 0.85 points to trade at 42.13 at the close. Meanwhile, Amgen Inc (NASDAQ:AMGN ) added 1.46% or 4.62 points to end at 320.16 and Walt Disney Company (NYSE:DIS ) was up 1.19% or 1.13 points to 96.21 in late trade.

The worst performers of the session were Microsoft Corporation (NASDAQ:MSFT ), which fell 6.03% or 26.07 points to trade at 406.35 at the close. Intel Corporation (NASDAQ:INTC ) declined 3.50% or 0.78 points to end at 21.52 and Amazon.com Inc (NASDAQ:AMZN ) was down 3.28% or 6.33 points to 186.40.

The top performers on the S&P 500 were Paycom Soft (NYSE:PAYC ) which rose 21.41% to 209.13, Entergy Corporation (NYSE:ETR ) which was up 15.16% to settle at 154.78 and International Paper (NYSE:IP ) which gained 13.30% to close at 55.55.

The worst performers were Huntington Ingalls Industries Inc (NYSE:HII ) which was down 26.16% to 184.96 in late trade, Estee Lauder Companies Inc (NYSE:EL ) which lost 20.90% to settle at 68.94 and Aptiv PLC (NYSE:APTV ) which was down 17.72% to 56.83 at the close.

The top performers on the NASDAQ Composite were Starbox Group Holdings Ltd (NASDAQ:STBX ) which rose 1,115.90% to 1.56, Root Inc (NASDAQ:ROOT ) which was up 68.91% to settle at 68.39 and Plby Group Inc (NASDAQ:PLBY ) which gained 41.24% to close at 1.17.

The worst performers were MDJM Ltd (NASDAQ:MDJH ) which was down 59.37% to 0.25 in late trade, Equillium Inc (NASDAQ:EQ ) which lost 37.61% to settle at 0.86 and Elevai Labs Inc (NASDAQ:ELAB ) which was down 36.49% to 0.06 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1976 to 828 and 77 ended unchanged; on the Nasdaq Stock Exchange, 2488 fell and 819 advanced, while 94 ended unchanged.

Shares in Paycom Soft (NYSE:PAYC ) rose to 52-week highs; up 21.41% or 36.88 to 209.13. Shares in Huntington Ingalls Industries Inc (NYSE:HII ) fell to 52-week lows; down 26.16% or 65.53 to 184.96. Shares in Entergy Corporation (NYSE:ETR ) rose to all time highs; gaining 15.16% or 20.38 to 154.78. Shares in Estee Lauder Companies Inc (NYSE:EL ) fell to 5-year lows; falling 20.90% or 18.21 to 68.94. Shares in International Paper (NYSE:IP ) rose to 3-years highs; rising 13.30% or 6.52 to 55.55. Shares in Aptiv PLC (NYSE:APTV ) fell to 3-years lows; falling 17.72% or 12.24 to 56.83. Shares in Starbox Group Holdings Ltd (NASDAQ:STBX ) rose to all time lows; gaining 1,115.90% or 1.43 to 1.56. Shares in MDJM Ltd (NASDAQ:MDJH ) fell to all time lows; down 59.37% or 0.36 to 0.25. Shares in Elevai Labs Inc (NASDAQ:ELAB ) fell to all time lows; falling 36.49% or 0.03 to 0.06.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 13.81% to 23.16 a new 1-month high.

Gold Futures for December delivery was down 1.55% or 43.45 to $2,757.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.71% or 1.86 to hit $70.47 a barrel, while the January Brent oil contract rose 2.61% or 1.88 to trade at $74.04 a barrel.

EUR/USD was unchanged 0.25% to 1.09, while USD/JPY fell 0.89% to 152.04.

The US Dollar Index Futures was down 0.05% at 103.81.

Source: Investing.com