U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.02%

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

At the close in NYSE, the Dow Jones Industrial Average fell 1.02% to hit a new 1-month low, while the S&P 500 index lost 1.05%, and the NASDAQ Composite index fell 1.69%.

The best performers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW), which rose 1.05% or 0.60 points to trade at 57.79 at the close. Meanwhile, JPMorgan Chase&Co (NYSE:JPM) added 0.90% or 1.26 points to end at 140.93 and Verizon Communications Inc (NYSE:VZ) was up 0.58% or 0.22 points to 38.76 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 4.80% or 9.98 points to trade at 198.15 at the close. Microsoft Corporation (NASDAQ:MSFT) declined 2.18% or 5.55 points to end at 249.22 and Intel Corporation (NASDAQ:INTC) was down 1.84% or 0.47 points to 25.14.

The top performers on the S&P 500 were Linde PLC (NYSE:LIN) which rose 4.75% to 347.64, Edison International (NYSE:EIX) which was up 4.19% to settle at 68.62 and Coterra Energy Inc (NYSE:CTRA) which gained 3.59% to close at 25.55.

The worst performers were Autodesk Inc (NASDAQ:ADSK) which was down 12.95% to 192.53 in late trade, Live Nation Entertainment Inc (NYSE:LYV) which lost 10.07% to settle at 68.79 and Adobe Systems Incorporated (NASDAQ:ADBE) which was down 7.63% to 320.54 at the close.

The top performers on the NASDAQ Composite were Bridger Aerospace Group Holdings Inc (NASDAQ:BAER) which rose 78.73% to 7.90, Cyren Ltd (NASDAQ:CYRN) which was up 61.90% to settle at 0.34 and Connexa Sports Technologies Inc (NASDAQ:CNXA) which gained 49.43% to close at 0.21.

The worst performers were Fulcrum Therapeutics Inc (NASDAQ:FULC) which was down 56.09% to 5.66 in late trade, Sellas Life Sciences Group Inc (NASDAQ:SLS) which lost 53.66% to settle at 1.71 and ObsEva SA (NASDAQ:OBSV) which was down 50.77% to 0.08 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2148 to 868 and 78 ended unchanged; on the Nasdaq Stock Exchange, 2734 fell and 913 advanced, while 150 ended unchanged.

Shares in Linde PLC (NYSE:LIN) rose to all time highs; up 4.75% or 15.75 to 347.64. Shares in Sellas Life Sciences Group Inc (NASDAQ:SLS) fell to 52-week lows; losing 53.66% or 1.98 to 1.71. Shares in ObsEva SA (NASDAQ:OBSV) fell to all time lows; falling 50.77% or 0.09 to 0.08.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.51% to 21.67.

Gold Futures for April delivery was down 0.47% or 8.55 to $1,818.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.51% or 1.14 to hit $76.53 a barrel, while the April Brent oil contract rose 1.34% or 1.10 to trade at $83.31 a barrel.

EUR/USD was unchanged 0.43% to 1.05, while USD/JPY rose 1.28% to 136.43.

The US Dollar Index Futures was up 0.61% at 105.17.