U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.71%

Investing.com – U.S. stocks were lower after the close on Monday, as losses in the Basic Materials, Utilities and Consumer Goods sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 0.71%, while the S&P 500 index fell 0.32%, and the NASDAQ Composite index fell 0.20%.

The best performers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 1.92% or 6.04 points to trade at 321.13 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) added 0.98% or 1.83 points to end at 187.68 and Salesforce Inc (NYSE:CRM) was up 0.84% or 2.39 points to 288.05 in late trade.

The worst performers of the session were McDonald’s Corporation (NYSE:MCD), which fell 3.73% or 11.08 points to trade at 285.97 at the close. 3M Company (NYSE:MMM) declined 2.35% or 2.23 points to end at 92.64 and Walgreens Boots Alliance Inc (NASDAQ:WBA) was down 2.12% or 0.48 points to 22.16.

The top performers on the S&P 500 were Estee Lauder Companies Inc (NYSE:EL) which rose 12.04% to 150.27, Catalent Inc (NYSE:CTLT) which was up 9.74% to settle at 59.82 and ON Semiconductor Corporation (NASDAQ:ON) which gained 9.54% to close at 77.59.

The worst performers were Air Products and Chemicals Inc (NYSE:APD) which was down 15.54% to 218.06 in late trade, Match Group Inc (NASDAQ:MTCH) which lost 5.24% to settle at 35.46 and Archer-Daniels-Midland Company (NYSE:ADM) which was down 4.88% to 52.97 at the close.

The top performers on the NASDAQ Composite were Gorilla Technology Group Inc (NASDAQ:GRRR) which rose 96.36% to 1.09, 4D Molecular Therapeutics Inc (NASDAQ:FDMT) which was up 84.62% to settle at 32.29 and MorphoSys AG ADR (NASDAQ:MOR) which gained 56.01% to close at 17.27.

The worst performers were NanoString Technologies Inc (NASDAQ:NSTG) which was down 78.02% to 0.10 in late trade, DMK Pharmaceuticals Corp (NASDAQ:DMK) which lost 56.71% to settle at 0.23 and Pineapple Holdings Inc (NASDAQ:PEGY) which was down 50.79% to 0.22 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2380 to 516 and 38 ended unchanged; on the Nasdaq Stock Exchange, 2519 fell and 957 advanced, while 90 ended unchanged.

Shares in Air Products and Chemicals Inc (NYSE:APD) fell to 3-years lows; falling 15.54% or 40.11 to 218.06. Shares in Caterpillar Inc (NYSE:CAT) rose to all time highs; rising 1.92% or 6.04 to 321.13. Shares in Salesforce Inc (NYSE:CRM) rose to 52-week highs; gaining 0.84% or 2.39 to 288.05. Shares in NanoString Technologies Inc (NASDAQ:NSTG) fell to all time lows; falling 78.02% or 0.37 to 0.10. Shares in 4D Molecular Therapeutics Inc (NASDAQ:FDMT) rose to 52-week highs; rising 84.62% or 14.80 to 32.29. Shares in DMK Pharmaceuticals Corp (NASDAQ:DMK) fell to all time lows; losing 56.71% or 0.29 to 0.23. Shares in MorphoSys AG ADR (NASDAQ:MOR) rose to 52-week highs; gaining 56.01% or 6.20 to 17.27. Shares in Pineapple Holdings Inc (NASDAQ:PEGY) fell to all time lows; falling 50.79% or 0.23 to 0.22.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.30% to 13.67.

Gold Futures for April delivery was down 0.63% or 13.00 to $2,040.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.73% or 0.53 to hit $72.81 a barrel, while the April Brent oil contract rose 0.91% or 0.70 to trade at $78.03 a barrel.

EUR/USD was unchanged 0.40% to 1.07, while USD/JPY rose 0.23% to 148.71.

The US Dollar Index Futures was up 0.54% at 104.34.