U.S. stocks lower at close of trade; Dow Jones Industrial Average down 5.50%

Published 04/04/2025, 04:30 PM
Updated 04/04/2025, 04:35 PM
© Reuters.  U.S. stocks lower at close of trade; Dow Jones Industrial Average down 5.50%

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

At the close in NYSE, the Dow Jones Industrial Average declined 5.50% to hit a new 6-months low, while the S&P 500 index declined 5.98%, and the NASDAQ Composite index lost 5.82%.

The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 3.02% or 1.68 points to trade at 57.26 at the close. Meanwhile, Home Depot Inc (NYSE:HD) fell 0.58% or 2.07 points to end at 353.84 and Sherwin-Williams Co (NYSE:SHW) was down 2.52% or 8.59 points to 332.06 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 9.46% or 14.28 points to trade at 136.63 at the close. 3M Company (NYSE:MMM) declined 9.17% or 12.81 points to end at 126.93 and Chevron Corp (NYSE:CVX) was down 8.22% or 12.84 points to 143.28.

The top performers on the S&P 500 were Deckers Outdoor Corporation (NYSE:DECK) which rose 5.10% to 106.02, DR Horton Inc (NYSE:DHI) which was up 4.55% to settle at 127.87 and NVR Inc (NYSE:NVR) which gained 4.23% to close at 7,410.90.

The worst performers were GE HealthCare Technologies Inc (NASDAQ:GEHC) which was down 15.96% to 60.51 in late trade, APA Corporation (NASDAQ:APA) which lost 14.43% to settle at 15.18 and Baker Hughes Co (NASDAQ:BKR) which was down 13.39% to 35.39 at the close.

The top performers on the NASDAQ Composite were Sobr Safe Inc (NASDAQ:SOBR) which rose 1,320.34% to 4.93, Future Fintech Group Inc (NASDAQ:FTFT) which was up 1,047.29% to settle at 1.48 and C3is Inc (NASDAQ:CISS) which gained 568.40% to close at 3.86.

The worst performers were Neuroone Medical Technologies Corp (NASDAQ:NMTC) which was down 44.77% to 0.47 in late trade, Davis Commodities Ltd (NASDAQ:DTCK) which lost 32.93% to settle at 0.57 and Sonim Technologies Inc (NASDAQ:SONM) which was down 32.58% to 1.80 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2610 to 238 and 19 ended unchanged; on the Nasdaq Stock Exchange, 2843 fell and 499 advanced, while 86 ended unchanged.

Shares in GE HealthCare Technologies Inc (NASDAQ:GEHC) fell to 52-week lows; down 15.96% or 11.49 to 60.51. Shares in APA Corporation (NASDAQ:APA) fell to 3-years lows; losing 14.43% or 2.56 to 15.18. Shares in Boeing Co (NYSE:BA) fell to 52-week lows; falling 9.46% or 14.28 to 136.63. Shares in Neuroone Medical Technologies Corp (NASDAQ:NMTC) fell to all time lows; losing 44.77% or 0.38 to 0.47. Shares in Davis Commodities Ltd (NASDAQ:DTCK) fell to all time lows; falling 32.93% or 0.28 to 0.57. Shares in Sonim Technologies Inc (NASDAQ:SONM) fell to all time lows; falling 32.58% or 0.87 to 1.80.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 50.93% to 45.31 a new 3-years high.

Gold Futures for June delivery was down 2.07% or 64.51 to $3,057.19 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 6.63% or 4.44 to hit $62.51 a barrel, while the June Brent oil contract fell 5.70% or 4.00 to trade at $66.14 a barrel.

EUR/USD was down 0.96% to 1.09, while USD/JPY rose 0.61% to 146.95.

The US Dollar Index Futures was up 0.98% at 102.80.

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