U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.06%

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Consumer Services, Technology and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 2.06% to hit a new 1-month low, while the S&P 500 index declined 2.00%, and the NASDAQ Composite index lost 2.50%.

The best performers of the session on the Dow Jones Industrial Average were Walmart Inc (NYSE:WMT), which rose 0.59% or 0.87 points to trade at 147.31 at the close. Meanwhile, Procter&Gamble Company (NYSE:PG) fell 0.01% or 0.01 points to end at 140.00 and The Travelers Companies Inc (NYSE:TRV) was down 0.28% or 0.52 points to 185.23 in late trade.

The worst performers of the session were Home Depot Inc (NYSE:HD), which fell 7.09% or 22.55 points to trade at 295.40 at the close. Intel Corporation (NASDAQ:INTC) declined 5.61% or 1.55 points to end at 26.06 and 3M Company (NYSE:MMM) was down 3.31% or 3.74 points to 109.25.

The top performers on the S&P 500 were General Mills Inc (NYSE:GIS) which rose 4.42% to 80.16, Organon&Co (NYSE:OGN) which was up 3.94% to settle at 27.05 and Molson Coors Brewing Co Class B (NYSE:TAP) which gained 3.11% to close at 53.64.

The worst performers were Generac Holdings Inc (NYSE:GNRC) which was down 8.72% to 115.72 in late trade, DISH Network Corporation (NASDAQ:DISH) which lost 8.62% to settle at 12.93 and Home Depot Inc (NYSE:HD) which was down 7.09% to 295.40 at the close.

The top performers on the NASDAQ Composite were Atlas Lithium Corp (NASDAQ:ATLX) which rose 51.52% to 10.94, Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) which was up 49.94% to settle at 39.00 and Arbe Robotics Ltd (NASDAQ:ARBE) which gained 47.13% to close at 6.40.

The worst performers were CVRx Inc (NASDAQ:CVRX) which was down 58.84% to 7.08 in late trade, Aileron Therapeutics Inc (NASDAQ:ALRN) which lost 38.66% to settle at 1.46 and TC BioPharm Holdings PLC (NASDAQ:TCBP) which was down 32.62% to 5.02 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2688 to 380 and 56 ended unchanged; on the Nasdaq Stock Exchange, 3035 fell and 694 advanced, while 125 ended unchanged.

Shares in DISH Network Corporation (NASDAQ:DISH) fell to 5-year lows; down 8.62% or 1.22 to 12.93. Shares in Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) rose to all time highs; gaining 49.94% or 12.99 to 39.00. Shares in Aileron Therapeutics Inc (NASDAQ:ALRN) fell to all time lows; falling 38.66% or 0.92 to 1.46.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 7.72% to 22.87 a new 1-month high.

Gold Futures for April delivery was down 0.34% or 6.35 to $1,843.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.54% or 0.41 to hit $76.14 a barrel, while the April Brent oil contract fell 1.50% or 1.26 to trade at $82.81 a barrel.

EUR/USD was unchanged 0.35% to 1.06, while USD/JPY rose 0.56% to 134.99.

The US Dollar Index Futures was up 0.34% at 104.14.