Investing.com – U.S. equities were lower at the close on Friday, as losses in the Telecoms, Technology and Oil & Gas sectors propelled shares lower.
At the close in NYSE, the Dow Jones Industrial Average declined 1.41% to hit a new 3-month low, while the S&P 500 index lost 1.32%, and the NASDAQ Composite index lost 1.51%.
The biggest gainers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which rose 0.10% or 0.19 points to trade at 198.27 at the close. The Travelers Companies Inc (NYSE:TRV) fell 0.11% or 0.16 points to end at 145.57 and Walt Disney Company (NYSE:DIS) was down 0.12% or 0.16 points to 132.04 in late trade.
Biggest losers included Verizon Communications Inc (NYSE:VZ), which lost 4.36% or 2.48 points to trade at 54.35 in late trade. Dow Inc (NYSE:DOW) declined 3.53% or 1.71 points to end at 46.76 and Cisco Systems Inc (NASDAQ:CSCO) shed 2.87% or 1.54 points to 52.03.
The top performers on the S&P 500 were Cooper Companies Inc (NYSE:COO) which rose 3.96% to 297.79, DISH Network Corporation (NASDAQ:DISH) which was up 3.88% to settle at 36.11 and Dollar Tree Inc (NASDAQ:DLTR) which gained 3.34% to close at 101.59.
The worst performers were Gap Inc (NYSE:GPS) which was down 9.32% to 18.68 in late trade, Sysco Corporation (NYSE:SYY) which lost 7.65% to settle at 68.82 and Mattel Inc (NASDAQ:MAT) which was down 7.16% to 9.85 at the close.
The top performers on the NASDAQ Composite were DelMar Pharmaceuticals Inc (NASDAQ:DMPI) which rose 141.42% to 4.080, Stellar Biotechnologies Inc (NASDAQ:SBOT) which was up 62.50% to settle at 1.950 and AVEO Pharmaceuticals Inc (NASDAQ:AVEO) which gained 29.63% to close at 0.8562.
The worst performers were Organovo Holdings Inc (NASDAQ:ONVO) which was down 31.35% to 0.553 in late trade, CytRx Corp (NASDAQ:CYTR) which lost 26.05% to settle at 0.380 and XBiotech Inc (NASDAQ:XBIT) which was down 20.70% to 7.20 at the close.
Declining stocks outnumbered rising ones by 2085 to 923 and 78 ended unchanged; on the Nasdaq Stock Exchange, 2035 fell and 648 advanced, while 73 ended unchanged on the New York Stock Exchange.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 8.15% to 18.71.
In commodities trading, Gold Futures for June delivery was up 1.43% or 18.40 to $1305.50 a troy ounce. Meanwhile, Crude oil for delivery in July fell 5.69% or 3.22 to hit $53.37 a barrel, while the August Brent oil contract fell 5.57% or 3.64 to trade at $61.69 a barrel.
EUR/USD was up 0.44% to 1.1179, while USD/JPY fell 1.19% to 108.30.
The US Dollar Index Futures was down 0.39% at 97.675.