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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.42%

Published 04/14/2023, 04:25 PM
Updated 04/14/2023, 04:25 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.42%

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

At the close in NYSE, the Dow Jones Industrial Average declined 0.42%, while the S&P 500 index fell 0.21%, and the NASDAQ Composite index lost 0.35%.

The best performers of the session on the Dow Jones Industrial Average were JPMorgan Chase & Co (NYSE:JPM), which rose 7.55% or 9.74 points to trade at 138.73 at the close. Meanwhile, Goldman Sachs Group Inc (NYSE:GS) added 1.44% or 4.79 points to end at 336.92 and Caterpillar Inc (NYSE:CAT) was up 0.91% or 2.01 points to 223.68 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 5.56% or 11.88 points to trade at 201.71 at the close. UnitedHealth Group Incorporated (NYSE:UNH) declined 2.74% or 14.44 points to end at 511.79 and The Travelers Companies Inc (NYSE:TRV) was down 2.79% or 4.83 points to 168.37.

The top performers on the S&P 500 were JPMorgan Chase & Co (NYSE:JPM) which rose 7.55% to 138.73, Signature Bank (OTC:SBNY) which was up 6.94% to settle at 0.17 and Citigroup Inc (NYSE:C) which gained 4.78% to close at 49.56.

The worst performers were Catalent Inc (NYSE:CTLT) which was down 26.83% to 46.33 in late trade, DISH Network Corporation (NASDAQ:DISH) which lost 6.00% to settle at 7.84 and Boeing Co (NYSE:BA) which was down 5.56% to 201.71 at the close.

The top performers on the NASDAQ Composite were Petros Pharmaceuticals Inc (NASDAQ:PTPI) which rose 306.19% to 4.59, Cns Pharmaceuticals Inc (NASDAQ:CNSP) which was up 243.07% to settle at 2.35 and SAITECH Global Corp (NASDAQ:SAI) which gained 222.37% to close at 4.90.

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The worst performers were Meta Materials Inc (NASDAQ:MMAT) which was down 40.20% to 0.23 in late trade, Pear Therapeutics Inc (NASDAQ:PEAR) which lost 39.24% to settle at 0.07 and T Stamp Inc (NASDAQ:IDAI) which was down 32.43% to 3.75 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1929 to 1014 and 95 ended unchanged; on the Nasdaq Stock Exchange, 2347 fell and 1206 advanced, while 161 ended unchanged.

Shares in DISH Network Corporation (NASDAQ:DISH) fell to 5-year lows; falling 6.00% or 0.50 to 7.84. Shares in Meta Materials Inc (NASDAQ:MMAT) fell to 5-year lows; down 40.20% or 0.15 to 0.23. Shares in Pear Therapeutics Inc (NASDAQ:PEAR) fell to all time lows; down 39.24% or 0.05 to 0.07.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.10% to 17.07 a new 52-week low.

Gold Futures for June delivery was down 1.81% or 37.15 to $2,018.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.62% or 0.51 to hit $82.67 a barrel, while the June Brent oil contract rose 0.44% or 0.38 to trade at $86.47 a barrel.

EUR/USD was unchanged 0.43% to 1.10, while USD/JPY rose 0.89% to 133.74.

The US Dollar Index Futures was up 0.54% at 101.24.

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