Investing.com – U.S. stocks were lower after the close on Thursday, as losses in the Telecoms, Financials and Industrials sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average lost 2.51% to hit a new 1-month low, while the S&P 500 index fell 2.18%, and the NASDAQ Composite index lost 2.32%.
The best performers of the session on the Dow Jones Industrial Average were Exxon Mobil Corporation (NYSE:XOM), which fell 0.25% or 0.19 points to trade at 76.75 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) fell 0.35% or 0.56 points to end at 158.98 and Procter & Gamble Company (NYSE:PG) was down 1.00% or 0.82 points to 81.02 in late trade.
The worst performers of the session were General Electric Company (NYSE:GE), which fell 4.03% or 0.62 points to trade at 14.63 at the close. American Express Company (NYSE:AXP) declined 3.80% or 3.56 points to end at 90.05 and Caterpillar Inc (NYSE:CAT) was down 3.78% or 5.83 points to 148.51.
The top performers on the S&P 500 were Coty Inc (NYSE:COTY) which rose 15.56% to 20.20, Viacom B Inc (NASDAQ:VIAB) which was up 9.26% to settle at 33.34 and Fiserv Inc (NASDAQ:FISV) which gained 5.24% to close at 135.94.
The worst performers were Hanesbrands Inc (NYSE:HBI) which was down 9.86% to 19.80 in late trade, Nielsen Holdings (NYSE:NLSN) which lost 8.41% to settle at 34.40 and Michael Kors Holdings Limited (NYSE:KORS) which was down 7.74% to 60.99 at the close.
The top performers on the NASDAQ Composite were Infinera Corporation (NASDAQ:INFN) which rose 29.57% to 8.94, Virtu Financial Inc (NASDAQ:VIRT) which was up 28.68% to settle at 25.80 and NXT-ID Inc (NASDAQ:NXTD) which gained 25.50% to close at 2.5100.
The worst performers were Collectors Universe Inc (NASDAQ:CLCT) which was down 32.44% to 17.93 in late trade, iRobot Corporation (NASDAQ:IRBT) which lost 31.69% to settle at 60.14 and Gemphire Therapeutics Inc (NASDAQ:GEMP) which was down 29.11% to 6.26 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2595 to 544 and 33 ended unchanged; on the Nasdaq Stock Exchange, 2025 fell and 511 advanced, while 79 ended unchanged.
Shares in Nielsen Holdings (NYSE:NLSN) fell to 3-years lows; losing 8.41% or 3.16 to 34.40. Shares in General Electric Company (NYSE:GE) fell to 5-year lows; down 4.03% or 0.62 to 14.63. Shares in Procter & Gamble Company (NYSE:PG) fell to 52-week lows; down 1.00% or 0.82 to 81.02. Shares in Collectors Universe Inc (NASDAQ:CLCT) fell to 52-week lows; down 32.44% or 8.61 to 17.93. Shares in Virtu Financial Inc (NASDAQ:VIRT) rose to all time highs; gaining 28.68% or 5.75 to 25.80. Shares in Gemphire Therapeutics Inc (NASDAQ:GEMP) fell to all time lows; falling 29.11% or 2.57 to 6.26.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 14.50% to 31.75.
Gold Futures for April delivery was up 0.38% or 5.00 to $1319.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.83% or 1.13 to hit $60.66 a barrel, while the April Brent oil contract fell 1.63% or 1.07 to trade at $64.44 a barrel.
EUR/USD was down 0.05% to 1.2256, while USD/JPY fell 0.48% to 108.85.
The US Dollar Index Futures was down 0.01% at 90.15.