U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.96%

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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.96%
Credit: © Reuters.

Investing.com – U.S. equities were lower at the close on Wednesday, as losses in the Financials , Technology and Consumer Goods sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.96%, while the S&P 500 index declined 0.97%, and the NASDAQ Composite index lost 1.15%.

The biggest gainers of the session on the Dow Jones Industrial Average were Procter & Gamble Company (NYSE: PG ), which rose 3.36% or 5.27 points to trade at 162.00 at the close. Walmart Inc (NYSE: WMT ) added 1.00% or 1.42 points to end at 143.94 and UnitedHealth Group Incorporated (NYSE: UNH ) was up 0.33% or 1.53 points to 462.52 in late trade.

Biggest losers included Boeing Co (NYSE: BA ), which lost 3.52% or 7.93 points to trade at 217.08 in late trade. Caterpillar Inc (NYSE: CAT ) declined 3.10% or 7.10 points to end at 221.66 and American Express Company (NYSE: AXP ) shed 2.88% or 4.78 points to 161.39.

The top performers on the S&P 500 were Take-Two Interactive Software Inc (NASDAQ: TTWO ) which rose 6.05% to 163.36, Newmont Goldcorp Corp (NYSE: NEM ) which was up 6.04% to settle at 64.95 and Citrix Systems Inc (NASDAQ: CTXS ) which gained 3.66% to close at 104.70.

The worst performers were Ford Motor Company (NYSE: F ) which was down 7.92% to 22.45 in late trade, U.S. Bancorp (NYSE: USB ) which lost 7.75% to settle at 57.37 and State Street Corp (NYSE: STT ) which was down 7.06% to 93.88 at the close.

The top performers on the NASDAQ Composite were Zogenix Inc (NASDAQ: ZGNX ) which rose 65.73% to 25.92, G Medical Innovations Holdings Ltd (NASDAQ: GMVD ) which was up 45.37% to settle at 6.12 and Valneva SE ADR (NASDAQ: VALN ) which gained 45.01% to close at 47.52.

The worst performers were Cardiff Oncology Inc (NASDAQ: CRDF ) which was down 25.90% to 4.550 in late trade, OncoCyte Corp (NASDAQ: OCX ) which lost 24.20% to settle at 1.660 and Petros Pharmaceuticals Inc (NASDAQ: PTPI ) which was down 21.12% to 1.830 at the close.

Declining stocks outnumbered rising ones by 2229 to 1017 and 141 ended unchanged; on the Nasdaq Stock Exchange, 2614 fell and 1221 advanced, while 190 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 24.28% to 23.85 a new 1-month high.

In commodities trading, Gold Futures for February delivery was up 1.56% or 28.30 to $1840.70 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.22% or 0.19 to hit $85.02 a barrel, while the March Brent oil contract rose 0.11% or 0.10 to trade at $87.76 a barrel.

EUR/USD was up 0.04% to 1.1345, while USD/JPY rose 0.01% to 114.33.

The US Dollar Index Futures was down 0.14% at 95.585.

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