U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.82%

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U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.82%

Investing.com – U.S. equities were lower at the close on Friday, as losses in the Telecoms , Basic Materials and Healthcare sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 2.82% to hit a new 1-month low, while the S&P 500 index fell 2.77%, and the NASDAQ Composite index fell 2.55%.

The biggest gainers of the session on the Dow Jones Industrial Average were Procter & Gamble Company (NYSE: PG ), which fell 0.84% or 1.36 points to trade at 161.25 at the close. Johnson & Johnson (NYSE: JNJ ) fell 0.99% or 1.82 points to end at 181.54 and International Business Machines (NYSE: IBM ) was down 1.14% or 1.60 points to 138.25 in late trade.

Biggest losers included Caterpillar Inc (NYSE: CAT ), which lost 6.55% or 15.16 points to trade at 216.30 in late trade. Verizon Communications Inc (NYSE: VZ ) declined 5.64% or 3.10 points to end at 51.91 and Nike Inc (NYSE: NKE ) shed 4.72% or 6.39 points to 129.07.

The top performers on the S&P 500 were Kimberly-Clark Corporation (NYSE: KMB ) which rose 8.13% to 138.51, SVB Financial Group (NASDAQ: SIVB ) which was up 7.53% to settle at 541.04 and Twitter Inc (NYSE: TWTR ) which gained 3.93% to close at 48.93.

The worst performers were HCA Holdings Inc (NYSE: HCA ) which was down 21.82% to 210.64 in late trade, Gap Inc (NYSE: GPS ) which lost 17.98% to settle at 11.72 and Intuitive Surgical Inc (NASDAQ: ISRG ) which was down 14.34% to 252.34 at the close.

The top performers on the NASDAQ Composite were Vallon Pharmaceuticals Inc (NASDAQ: VLON ) which rose 100.89% to 2.27, Blueknight Energy Partners LP LLC (NASDAQ: BKEP ) which was up 38.18% to settle at 4.56 and Cyngn Inc (NASDAQ: CYN ) which gained 26.89% to close at 2.69.

The worst performers were Dogness International Corp Class A (NASDAQ: DOGZ ) which was down 46.00% to 3.51 in late trade, Fednat Holding Co (NASDAQ: FNHC ) which lost 26.48% to settle at 0.53 and Scynexis Inc (NASDAQ: SCYX ) which was down 25.80% to 2.33 at the close.

Declining stocks outnumbered rising ones by 2729 to 486 and 100 ended unchanged; on the Nasdaq Stock Exchange, 2849 fell and 932 advanced, while 206 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 24.38% to 28.21 a new 1-month high.

In commodities trading, Gold Futures for June delivery was down 0.71% or 13.80 to $1,934.40 a troy ounce. Meanwhile, Crude oil for delivery in June fell 2.48% or 2.57 to hit $101.22 a barrel, while the June Brent oil contract fell 2.48% or 2.69 to trade at $105.64 a barrel.

EUR/USD was unchanged 0.35% to 1.08, while USD/JPY rose 0.07% to 128.49.

The US Dollar Index Futures was up 0.49% at 101.11.

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