U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.66%

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

At the close in NYSE, the Dow Jones Industrial Average declined 1.66% to hit a new 1-month low, while the S&P 500 index declined 1.55%, and the NASDAQ Composite index lost 1.64%.

The best performers of the session on the Dow Jones Industrial Average were Chevron Corp (NYSE:CVX ), which rose 1.89% or 2.84 points to trade at 153.14 at the close. Meanwhile, Walmart Inc (NYSE:WMT ) added 1.31% or 1.20 points to end at 93.00 and Home Depot Inc (NYSE:HD ) was up 0.69% or 2.69 points to 389.89 in late trade.

The worst performers of the session were Travelers Companies (NYSE:TRV ), which fell 4.25% or 10.31 points to trade at 232.46 at the close. Goldman Sachs Group Inc (NYSE:GS ) declined 3.45% or 20.02 points to end at 560.00 and American Express Company (NYSE:AXP ) was down 3.15% or 9.55 points to 293.30.

The top performers on the S&P 500 were Walgreens Boots Alliance Inc (NASDAQ:WBA ) which rose 27.44% to 11.75, Constellation Energy Corp (NASDAQ:CEG ) which was up 25.16% to settle at 305.19 and Delta Air Lines Inc (NYSE:DAL ) which gained 8.98% to close at 66.94.

The worst performers were Constellation Brands Inc Class A (NYSE:STZ ) which was down 17.09% to 181.81 in late trade, PG&E Corp (NYSE:PCG ) which lost 10.81% to settle at 17.17 and ON Semiconductor Corporation (NASDAQ:ON ) which was down 7.49% to 53.94 at the close.

The top performers on the NASDAQ Composite were Wisekey International Holding AG (NASDAQ:WKEY ) which rose 53.42% to 10.08, VerifyMe Inc (NASDAQ:VRME ) which was up 51.79% to settle at 2.55 and DatChat Inc (NASDAQ:DATS ) which gained 50.47% to close at 4.83.

The worst performers were IGM Biosciences Inc (NASDAQ:IGMS ) which was down 66.29% to 2.09 in late trade, CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG ) which lost 51.17% to settle at 1.87 and ModivCare Inc (NASDAQ:MODV ) which was down 47.48% to 6.56 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2241 to 589 and 44 ended unchanged; on the Nasdaq Stock Exchange, 2527 fell and 784 advanced, while 110 ended unchanged.

Shares in Constellation Brands Inc Class A (NYSE:STZ ) fell to 3-years lows; down 17.09% or 37.47 to 181.81. Shares in Constellation Energy Corp (NASDAQ:CEG ) rose to all time highs; gaining 25.16% or 61.35 to 305.19. Shares in Delta Air Lines Inc (NYSE:DAL ) rose to all time highs; rising 8.98% or 5.52 to 66.94. Shares in ON Semiconductor Corporation (NASDAQ:ON ) fell to 52-week lows; down 7.49% or 4.37 to 53.94. Shares in IGM Biosciences Inc (NASDAQ:IGMS ) fell to all time lows; falling 66.29% or 4.11 to 2.09. Shares in VerifyMe Inc (NASDAQ:VRME ) rose to 52-week highs; gaining 51.79% or 0.87 to 2.55. Shares in CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG ) fell to all time lows; losing 51.17% or 1.96 to 1.87. Shares in ModivCare Inc (NASDAQ:MODV ) fell to 5-year lows; down 47.48% or 5.93 to 6.56.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 8.14% to 19.54.

Gold Futures for February delivery was up 0.96% or 25.71 to $2,716.51 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 3.65% or 2.70 to hit $76.62 a barrel, while the March Brent oil contract rose 3.60% or 2.77 to trade at $79.69 a barrel.

EUR/USD was down 0.52% to 1.02, while USD/JPY fell 0.20% to 157.75.

The US Dollar Index Futures was up 0.44% at 109.49.

Source: Investing.com