U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.48%
Investing.com – U.S. stocks were lower after the close on Monday, as losses in the Oil & Gas , Technology and Basic Materials sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average fell 1.48% to hit a new 1-month low, while the S&P 500 index fell 1.76%, and the NASDAQ Composite index fell 2.64%.
The best performers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE: VZ ), which rose 1.79% or 0.77 points to trade at 43.87 at the close. Meanwhile, Coca-Cola Co (NYSE: KO ) added 1.56% or 1.11 points to end at 72.32 and Johnson & Johnson (NYSE: JNJ ) was up 1.37% or 2.26 points to 167.28 in late trade.
The worst performers of the session were NVIDIA Corporation (NASDAQ: NVDA ), which fell 8.69% or 10.86 points to trade at 114.06 at the close. Chevron Corp (NYSE: CVX ) declined 3.49% or 5.53 points to end at 153.09 and Caterpillar Inc (NYSE: CAT ) was down 3.46% or 11.91 points to 332.04.
The top performers on the S&P 500 were Erie Indemnity Company (NASDAQ: ERIE ) which rose 5.05% to 449.69, Weyerhaeuser Company (NYSE: WY ) which was up 4.29% to settle at 31.39 and Hershey Co (NYSE: HSY ) which gained 3.35% to close at 178.50.
The worst performers were Super Micro Computer Inc (NASDAQ: SMCI ) which was down 13.00% to 36.07 in late trade, Albemarle Corp (NYSE: ALB ) which lost 9.19% to settle at 69.95 and APA Corporation (NASDAQ: APA ) which was down 8.74% to 18.89 at the close.
The top performers on the NASDAQ Composite were Aclarion Inc (NASDAQ: ACON ) which rose 126.87% to 7.60, Bit Origin Ltd (NASDAQ: BTOG ) which was up 75.34% to settle at 0.32 and BioXcel Therapeutics Inc (NASDAQ: BTAI ) which gained 73.61% to close at 3.75.
The worst performers were Nvni Group Ltd (NASDAQ: NVNI ) which was down 63.00% to 0.37 in late trade, Aureus Greenway Holdings Inc (NASDAQ: AGH ) which lost 60.11% to settle at 2.17 and Pliant Therapeutics Inc (NASDAQ: PLRX ) which was down 59.88% to 1.38 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2034 to 761 and 64 ended unchanged; on the Nasdaq Stock Exchange, 2741 fell and 589 advanced, while 89 ended unchanged.
Shares in Albemarle Corp (NYSE: ALB ) fell to 3-years lows; losing 9.19% or 7.08 to 69.95. Shares in APA Corporation (NASDAQ: APA ) fell to 3-years lows; losing 8.74% or 1.81 to 18.89. Shares in Nvni Group Ltd (NASDAQ: NVNI ) fell to all time lows; losing 63.00% or 0.64 to 0.37. Shares in Aureus Greenway Holdings Inc (NASDAQ: AGH ) fell to all time lows; down 60.11% or 3.27 to 2.17. Shares in Pliant Therapeutics Inc (NASDAQ: PLRX ) fell to all time lows; down 59.88% or 2.06 to 1.38.
The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 16.05% to 22.78 a new 1-month high.
Gold Futures for April delivery was up 1.98% or 56.30 to $2,904.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.98% or 1.38 to hit $68.38 a barrel, while the May Brent oil contract fell 1.88% or 1.37 to trade at $71.44 a barrel.
EUR/USD was up 1.11% to 1.05, while USD/JPY fell 0.81% to 149.50.
The US Dollar Index Futures was down 1.01% at 106.47.