U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.73%

Published 04/16/2025, 04:30 PM
Updated 04/16/2025, 04:35 PM
© Reuters U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.73%

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

At the close in NYSE, the Dow Jones Industrial Average declined 1.73%, while the S&P 500 index fell 2.24%, and the NASDAQ Composite index fell 3.07%.

The best performers of the session on the Dow Jones Industrial Average were Travelers Companies (NYSE:TRV), which rose 1.13% or 2.82 points to trade at 252.48 at the close. Meanwhile, Chevron Corp (NYSE:CVX) added 0.62% or 0.83 points to end at 135.37 and Boeing Co (NYSE:BA) was up 0.61% or 0.95 points to 156.47 in late trade.

The worst performers of the session were NVIDIA Corporation (NASDAQ:NVDA), which fell 6.87% or 7.71 points to trade at 104.49 at the close. Amgen Inc (NASDAQ:AMGN) declined 4.28% or 12.65 points to end at 282.65 and Apple Inc (NASDAQ:AAPL) was down 3.89% or 7.87 points to 194.27.

The top performers on the S&P 500 were APA Corporation (NASDAQ:APA) which rose 3.22% to 15.37, Targa Resources Inc (NYSE:TRGP) which was up 2.76% to settle at 172.68 and Abbott Laboratories (NYSE:ABT) which gained 2.76% to close at 129.70.

The worst performers were JB Hunt Transport Services Inc (NASDAQ:JBHT) which was down 7.65% to 124.77 in late trade, Interpublic Group of Companies Inc (NYSE:IPG) which lost 7.44% to settle at 23.27 and Advanced Micro Devices Inc (NASDAQ:AMD) which was down 7.35% to 88.29 at the close.

The top performers on the NASDAQ Composite were American Resources Corp Class A (NASDAQ:AREC) which rose 82.28% to 1.10, Treasure Global Inc (NASDAQ:TGL) which was up 81.74% to settle at 3.78 and Odyssey Marine Exploration Inc (NASDAQ:OMEX) which gained 62.69% to close at 0.69.

The worst performers were Click Holdings Ltd (NASDAQ:CLIK) which was down 74.20% to 0.69 in late trade, iOThree Ltd (NASDAQ:IOTR) which lost 54.21% to settle at 1.85 and Sunation Energy Inc (NASDAQ:SUNE) which was down 52.20% to 0.02 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1791 to 983 and 77 ended unchanged; on the Nasdaq Stock Exchange, 2233 fell and 1072 advanced, while 104 ended unchanged.

Shares in JB Hunt Transport Services Inc (NASDAQ:JBHT) fell to 3-years lows; down 7.65% or 10.34 to 124.77. Shares in Click Holdings Ltd (NASDAQ:CLIK) fell to all time lows; down 74.20% or 1.97 to 0.69. Shares in iOThree Ltd (NASDAQ:IOTR) fell to all time lows; falling 54.21% or 2.19 to 1.85. Shares in Sunation Energy Inc (NASDAQ:SUNE) fell to all time lows; losing 52.20% or 0.02 to 0.02.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 8.53% to 32.69.

Gold Futures for June delivery was up 3.52% or 114.07 to $3,354.47 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.28% or 1.40 to hit $62.73 a barrel, while the June Brent oil contract rose 2.15% or 1.39 to trade at $66.06 a barrel.

EUR/USD was up 0.95% to 1.14, while USD/JPY fell 0.71% to 142.15.

The US Dollar Index Futures was down 0.83% at 99.13.

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