U.S. shares lower at close of trade; Dow Jones Industrial Average down 3.12%

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

At the close in NYSE, the Dow Jones Industrial Average fell 3.12%, while the S&P 500 index declined 3.57%, and the NASDAQ Composite index declined 4.99%.

The biggest gainers of the session on the Dow Jones Industrial Average were Chevron Corp (NYSE: CVX ), which fell 0.79% or 1.33 points to trade at 166.26 at the close. Coca-Cola Co (NYSE: KO ) fell 0.80% or 0.52 points to end at 64.51 and Amgen Inc (NASDAQ: AMGN ) was down 0.74% or 1.75 points to 234.35 in late trade.

Biggest losers included Salesforce.com Inc (NYSE: CRM ), which lost 7.11% or 13.18 points to trade at 172.30 in late trade. Nike Inc (NYSE: NKE ) declined 5.89% or 7.43 points to end at 118.63 and Apple Inc (NASDAQ: AAPL ) shed 5.57% or 9.25 points to 156.77.

The top performers on the S&P 500 were EPAM Systems Inc (NYSE: EPAM ) which rose 10.68% to 346.00, Albemarle Corp (NYSE: ALB ) which was up 9.76% to settle at 236.50 and Organon & Co (NYSE: OGN ) which gained 5.06% to close at 34.87.

The worst performers were Etsy Inc (NASDAQ: ETSY ) which was down 16.83% to 90.93 in late trade, Cognizant Technology Solutions Corp Class A (NASDAQ: CTSH ) which lost 12.75% to settle at 73.60 and eBay Inc (NASDAQ: EBAY ) which was down 11.72% to 48.04 at the close.

The top performers on the NASDAQ Composite were Cyngn Inc (NASDAQ: CYN ) which rose 17.98% to 3.74, Better Therapeutics Inc (NASDAQ: BTTX ) which was up 7.83% to settle at 2.34 and Hudson Technologies Inc (NASDAQ: HDSN ) which gained 26.89% to close at 9.06.

The worst performers were Bioatla Inc (NASDAQ: BCAB ) which was down 41.18% to 2.40 in late trade, Nephros Inc (NASDAQ: NEPH ) which lost 40.59% to settle at 2.53 and Singularity Future Technology Ltd (NASDAQ: SGLY ) which was down 28.89% to 4.80 at the close.

Declining stocks outnumbered rising ones by 2853 to 354 and 97 ended unchanged; on the Nasdaq Stock Exchange, 3174 fell and 607 advanced, while 221 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 22.74% to 31.20.

In commodities trading, Gold Futures for June delivery was up 0.56% or 10.51 to $1,879.31 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.58% or 0.63 to hit $108.44 a barrel, while the July Brent oil contract rose 0.81% or 0.89 to trade at $111.03 a barrel.

EUR/USD was down 0.74% to 1.05, while USD/JPY rose 0.83% to 130.13.

The US Dollar Index Futures was up 0.94% at 103.56.