Investing.com – U.S. equities were lower at the close on Friday, as losses in the Financials, Industrials and Basic Materials sectors propelled shares lower.
At the close in NYSE, the Dow Jones Industrial Average lost 1.07% to hit a new 3-month low, while the S&P 500 index declined 1.45%, and the NASDAQ Composite index lost 1.76%.
The biggest gainers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 2.95% or 0.78 points to trade at 27.22 at the close. JPMorgan Chase & Co (NYSE:JPM) added 2.54% or 3.31 points to end at 133.65 and The Travelers Companies Inc (NYSE:TRV) was up 1.01% or 1.76 points to 175.68 in late trade.
Biggest losers included Caterpillar Inc (NYSE:CAT), which lost 5.79% or 13.95 points to trade at 227.01 in late trade. Goldman Sachs Group Inc (NYSE:GS) declined 4.22% or 14.42 points to end at 327.67 and American Express Company (NYSE:AXP) shed 3.73% or 6.42 points to 165.70.
The top performers on the S&P 500 were Intel Corporation (NASDAQ:INTC) which rose 2.95% to 27.22, JPMorgan Chase & Co (NYSE:JPM) which was up 2.54% to settle at 133.65 and AbbVie Inc (NYSE:ABBV) which gained 1.60% to close at 149.71.
The worst performers were Signature Bank (NASDAQ:SBNY) which was down 22.87% to 70.00 in late trade, First Republic Bank (NYSE:FRC) which lost 14.84% to settle at 81.76 and Charles Schwab Corp (NYSE:SCHW) which was down 11.69% to 58.70 at the close.
The top performers on the NASDAQ Composite were EUDA Health Holdings Ltd (NASDAQ:EUDA) which rose 54.20% to 2.02, Unicycive Therapeutics Inc (NASDAQ:UNCY) which was up 30.10% to settle at 2.68 and Cingulate Inc (NASDAQ:CING) which gained 25.00% to close at 1.85.
The worst performers were Loyalty Ventures Inc (NASDAQ:LYLT) which was down 58.39% to 0.24 in late trade, Allbirds Inc (NASDAQ:BIRD) which lost 47.03% to settle at 1.25 and Cepton Inc (NASDAQ:CPTN) which was down 45.75% to 0.42 at the close.
Declining stocks outnumbered rising ones by 2604 to 460 and 91 ended unchanged; on the Nasdaq Stock Exchange, 3044 fell and 595 advanced, while 150 ended unchanged on the New York Stock Exchange.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 9.69% to 24.80 a new 1-month high.
In commodities trading, Gold Futures for April delivery was up 2.08% or 38.10 to $1,872.70 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.03% or 0.78 to hit $76.50 a barrel, while the May Brent oil contract rose 1.21% or 0.99 to trade at $82.58 a barrel.
EUR/USD was up 0.57% to 1.06, while USD/JPY fell 0.90% to 134.91.
The US Dollar Index Futures was down 0.67% at 104.60.