Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Consumer Services, Basic Materials and Healthcare sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average lost 1.93%, while the S&P 500 index declined 2.56%, and the NASDAQ Composite index declined 2.71%.
The best performers of the session on the Dow Jones Industrial Average were 3M Company (NYSE:MMM), which rose 6.09% or 10.71 points to trade at 186.66 at the close. Meanwhile, Walgreens Boots Alliance Inc (NASDAQ:WBA) added 4.39% or 2.16 points to end at 51.35 and International Business Machines (NYSE:IBM) was up 0.91% or 1.12 points to 123.61 in late trade.
The worst performers of the session were Boeing Co (NYSE:BA), which fell 4.48% or 9.06 points to trade at 193.00 at the close. Walt Disney Company (NYSE:DIS) declined 3.83% or 6.50 points to end at 163.06 and Merck & Company Inc (NYSE:MRK) was down 3.78% or 3.03 points to 77.22.
The top performers on the S&P 500 were Macerich Company (NYSE:MAC) which rose 13.00% to 21.99, Seagate Technology PLC (NASDAQ:STX) which was up 11.75% to settle at 72.48 and Macy’s Inc (NYSE:M) which gained 10.98% to close at 17.58.
The worst performers were L Brands Inc (NYSE:LB) which was down 14.42% to 36.80 in late trade, Gap Inc (NYSE:GPS) which lost 10.40% to settle at 19.55 and Microchip Technology Inc (NASDAQ:MCHP) which was down 8.17% to 133.13 at the close.
The top performers on the NASDAQ Composite were Koss Corporation (NASDAQ:KOSS) which rose 426.80% to 52.680, Naked Brand Group Ltd (NASDAQ:NAKD) which was up 236.99% to settle at 1.320 and Fossil Group Inc (NASDAQ:FOSL) which gained 84.03% to close at 23.28.
The worst performers were Globus Maritime Ltd (NASDAQ:GLBS) which was down 22.01% to 5.4200 in late trade, Aikido Pharma Inc (NASDAQ:AIKI) which lost 21.23% to settle at 1.410 and ENDRA Life Sciences Inc (NASDAQ:NDRA) which was down 21.75% to 2.230 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2578 to 568 and 48 ended unchanged; on the Nasdaq Stock Exchange, 2614 fell and 507 advanced, while 26 ended unchanged.
Shares in Seagate Technology PLC (NASDAQ:STX) rose to all time highs; gaining 11.75% or 7.62 to 72.48. Shares in Macy’s Inc (NYSE:M) rose to 52-week highs; rising 10.98% or 1.74 to 17.58. Shares in 3M Company (NYSE:MMM) rose to 52-week highs; up 6.09% or 10.71 to 186.66. Shares in Koss Corporation (NASDAQ:KOSS) rose to all time highs; rising 426.80% or 42.680 to 52.680. Shares in Globus Maritime Ltd (NASDAQ:GLBS) fell to 52-week lows; down 22.01% or 1.5300 to 5.4200. Shares in Fossil Group Inc (NASDAQ:FOSL) rose to 52-week highs; gaining 84.03% or 10.63 to 23.28.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 37.58% to 31.67 a new 1-month high.
Gold Futures for February delivery was down 0.61% or 11.30 to $1839.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.02% or 0.01 to hit $52.62 a barrel, while the April Brent oil contract fell 0.61% or 0.34 to trade at $55.30 a barrel.
EUR/USD was down 0.51% to 1.2099, while USD/JPY rose 0.57% to 104.19.
The US Dollar Index Futures was up 0.55% at 90.648.