Investing.com – U.S. equities were lower at the close on Wednesday, as losses in the Technology, Basic Materials and Consumer Services sectors propelled shares lower.
At the close in NYSE, the Dow Jones Industrial Average fell 1.99% to hit a new 1-month low, while the S&P 500 index declined 2.15%, and the NASDAQ Composite index lost 2.67%.
The biggest gainers of the session on the Dow Jones Industrial Average were Merck & Company Inc (NYSE:MRK), which rose 0.68% or 0.53 points to trade at 77.99 at the close. Chevron Corp (NYSE:CVX) added 0.63% or 0.67 points to end at 107.37 and Honeywell International Inc (NYSE:HON) was unchanged 0.00% or 0.00 points to 230.94 in late trade.
Biggest losers included Home Depot Inc (NYSE:HD), which lost 4.13% or 13.67 points to trade at 316.99 in late trade. Boeing Co (NYSE:BA) declined 3.54% or 8.10 points to end at 220.78 and Microsoft Corporation (NASDAQ:MSFT) shed 2.91% or 7.17 points to 239.06.
The top performers on the S&P 500 were NortonLifeLock Inc (NASDAQ:NLOK) which rose 7.24% to 25.04, Viatris Inc (NASDAQ:VTRS) which was up 3.76% to settle at 15.71 and Perrigo Company PLC (NYSE:PRGO) which gained 3.18% to close at 45.75.
The worst performers were TripAdvisor Inc (NASDAQ:TRIP) which was down 9.44% to 41.16 in late trade, Gap Inc (NYSE:GPS) which lost 8.02% to settle at 32.46 and Macerich Company (NYSE:MAC) which was down 7.78% to 13.04 at the close.
The top performers on the NASDAQ Composite were Curis Inc (NASDAQ:CRIS) which rose 65.51% to 16.270, Lucira Health Inc (NASDAQ:LHDX) which was up 42.04% to settle at 7.23 and Autolus Therapeutics Ltd (NASDAQ:AUTL) which gained 35.87% to close at 6.78.
The worst performers were Array Technologies Inc (NASDAQ:ARRY) which was down 46.13% to 13.44 in late trade, Lianluo Smart Ltd (NASDAQ:LLIT) which lost 36.28% to settle at 6.2000 and FTC Solar Inc (NASDAQ:FTCI) which was down 24.79% to 8.80 at the close.
Declining stocks outnumbered rising ones by 2798 to 453 and 73 ended unchanged; on the Nasdaq Stock Exchange, 2663 fell and 715 advanced, while 102 ended unchanged on the New York Stock Exchange.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 26.33% to 27.59 a new 1-month high.
In commodities trading, Gold Futures for June delivery was down 1.11% or 20.40 to $1815.70 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.84% or 0.55 to hit $65.83 a barrel, while the July Brent oil contract rose 0.74% or 0.51 to trade at $69.06 a barrel.
EUR/USD was down 0.60% to 1.2073, while USD/JPY rose 0.94% to 109.63.
The US Dollar Index Futures was up 0.70% at 90.757.