U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.31%

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

At the close in NYSE, the Dow Jones Industrial Average lost 0.31% to hit a new 1-month low, while the S&P 500 index declined 0.23%, and the NASDAQ Composite index declined 0.09%.

The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 1.03% or 5.15 points to trade at 506.29 at the close. Meanwhile, Chevron Corp (NYSE:CVX) added 0.64% or 1.05 points to end at 166.24 and Apple Inc (NASDAQ:AAPL) was up 0.49% or 0.86 points to 174.79 in late trade.

The worst performers of the session were Walt Disney Company (NYSE:DIS), which fell 1.79% or 1.48 points to trade at 81.25 at the close. Walgreens Boots Alliance Inc (NASDAQ:WBA) declined 1.54% or 0.33 points to end at 21.12 and Dow Inc (NYSE:DOW) was down 1.47% or 0.75 points to 50.25.

The top performers on the S&P 500 were ON Semiconductor Corporation (NASDAQ:ON) which rose 3.17% to 93.81, Broadcom Inc (NASDAQ:AVGO) which was up 2.56% to settle at 829.08 and FactSet Research Systems Inc (NYSE:FDS) which gained 2.13% to close at 435.85.

The worst performers were Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which was down 7.45% to 15.66 in late trade, Paramount Global Class B (NASDAQ:PARA) which lost 4.96% to settle at 12.64 and Tesla Inc (NASDAQ:TSLA) which was down 4.23% to 244.88 at the close.

The top performers on the NASDAQ Composite were Cheche Group Inc (NASDAQ:CCG) which rose 31.45% to 19.52, Synaptogenix Inc (NASDAQ:SNPX) which was up 30.17% to settle at 0.37 and Ohmyhome Ltd (NASDAQ:OMH) which gained 28.86% to close at 2.59.

The worst performers were Neptune Wellness Solutions Inc (NASDAQ:NEPT) which was down 59.75% to 1.61 in late trade, Powerbridge Technologies Co Ltd (NASDAQ:PBTS) which lost 34.19% to settle at 1.39 and Morphic Holding Inc (NASDAQ:MORF) which was down 28.64% to 36.68 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1554 to 1357 and 73 ended unchanged; on the Nasdaq Stock Exchange, 2029 fell and 1417 advanced, while 143 ended unchanged.

Shares in Paramount Global Class B (NASDAQ:PARA) fell to 3-years lows; falling 4.96% or 0.66 to 12.64. Shares in Walgreens Boots Alliance Inc (NASDAQ:WBA) fell to 5-year lows; losing 1.54% or 0.33 to 21.12. Shares in Neptune Wellness Solutions Inc (NASDAQ:NEPT) fell to 5-year lows; falling 59.75% or 2.39 to 1.61.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.94% to 17.20.

Gold Futures for December delivery was up 0.26% or 5.05 to $1,944.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.80% or 0.72 to hit $90.35 a barrel, while the November Brent oil contract rose 0.36% or 0.34 to trade at $93.64 a barrel.

EUR/USD was unchanged 0.14% to 1.06, while USD/JPY rose 0.55% to 148.39.

The US Dollar Index Futures was up 0.23% at 105.29.