U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.15%

Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the Telecoms, Utilities and Financials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 1.15%, while the S&P 500 index lost 1.02%, and the NASDAQ Composite index lost 0.68%.

The best performers of the session on the Dow Jones Industrial Average were Chevron Corp (NYSE:CVX), which rose 1.77% or 2.81 points to trade at 161.34 at the close. Meanwhile, Caterpillar Inc (NYSE:CAT) added 0.25% or 0.44 points to end at 178.82 and Home Depot Inc (NYSE:HD) was up 0.18% or 0.53 points to 290.38 in late trade.

The worst performers of the session were 3M Company (NYSE:MMM), which fell 3.52% or 4.05 points to trade at 111.12 at the close. International Business Machines (NYSE:IBM) declined 2.79% or 3.51 points to end at 122.23 and Walgreens Boots Alliance Inc (NASDAQ:WBA) was down 2.74% or 0.91 points to 32.25.

The top performers on the S&P 500 were DexCom Inc (NASDAQ:DXCM) which rose 4.53% to 95.21, APA Corporation (NASDAQ:APA) which was up 4.15% to settle at 42.20 and Occidental Petroleum Corporation (NYSE:OXY) which gained 4.04% to close at 70.48.

The worst performers were Carnival Corporation (NYSE:CCL) which was down 6.19% to 6.97 in late trade, SolarEdge Technologies Inc (NASDAQ:SEDG) which lost 5.96% to settle at 220.27 and Generac Holdings Inc (NYSE:GNRC) which was down 5.59% to 168.69 at the close.

The top performers on the NASDAQ Composite were Green Giant Inc (NASDAQ:GGE) which rose 161.11% to 1.88, Atlis Motor Vehicles Inc (NASDAQ:AMV) which was up 95.45% to settle at 24.49 and InVivo Therapeutics Holdings Corp (NASDAQ:NVIV) which gained 83.03% to close at 7.98.

The worst performers were Jowell Global Ltd. (NASDAQ:JWEL) which was down 45.36% to 1.53 in late trade, Cyclerion Therapeutics Inc (NASDAQ:CYCN) which lost 37.57% to settle at 0.59 and Top Ships Inc (NASDAQ:TOPS) which was down 35.22% to 6.40 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2114 to 994 and 122 ended unchanged; on the Nasdaq Stock Exchange, 2116 fell and 1636 advanced, while 227 ended unchanged.

Shares in Generac Holdings Inc (NYSE:GNRC) fell to 52-week lows; falling 5.59% or 9.99 to 168.69.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.90% to 30.52.

Gold Futures for December delivery was up 0.07% or 1.20 to $1,722.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.29% or 1.13 to hit $88.89 a barrel, while the December Brent oil contract rose 1.56% or 1.46 to trade at $94.83 a barrel.

EUR/USD was down 0.86% to 0.98, while USD/JPY rose 0.34% to 145.13.

The US Dollar Index Futures was up 1.03% at 112.15.