Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Technology, Telecoms and Basic Materials sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average declined 0.22%, while the S&P 500 index lost 0.33%, and the NASDAQ Composite index fell 0.49%.
The best performers of the session on the Dow Jones Industrial Average were Visa Inc Class A (NYSE:V), which rose 2.97% or 8.38 points to trade at 290.26 at the close. Meanwhile, American Express Company (NYSE:AXP) added 1.35% or 3.65 points to end at 274.08 and Merck & Company Inc (NYSE:MRK) was up 1.21% or 1.26 points to 104.99 in late trade.
The worst performers of the session were International Business Machines (NYSE:IBM), which fell 2.63% or 5.53 points to trade at 204.90 at the close. Intel Corporation (NASDAQ:INTC) declined 2.62% or 0.60 points to end at 22.30 and Nike Inc (NYSE:NKE) was down 2.51% or 1.97 points to 76.43.
The top performers on the S&P 500 were Garmin Ltd (NYSE:GRMN) which rose 23.25% to 204.92, FMC Corporation (NYSE:FMC) which was up 10.70% to settle at 66.62 and Bio-Techne Corp (NASDAQ:TECH) which gained 7.46% to close at 76.02.
The worst performers were Super Micro Computer Inc (NASDAQ:SMCI) which was down 32.68% to 33.07 in late trade, Qorvo Inc (NASDAQ:QRVO) which lost 27.31% to settle at 73.04 and CDW Corp (NASDAQ:CDW) which was down 11.30% to 195.06 at the close.
The top performers on the NASDAQ Composite were Vast Renewables Ltd (NASDAQ:VSTE) which rose 122.55% to 2.27, Tharimmune Inc (NASDAQ:THAR) which was up 69.31% to settle at 3.42 and Ensysce Biosciences Inc (NASDAQ:ENSC) which gained 53.81% to close at 0.64.
The worst performers were Vicinity Motor Corp (NASDAQ:VEV) which was down 58.30% to 0.02 in late trade, SRIVARU Holding Ltd (NASDAQ:SVMH) which lost 55.46% to settle at 0.03 and Applied DNA Sciences Inc (NASDAQ:APDN) which was down 40.56% to 0.19 at the close.
Rising stocks outnumbered declining ones on the New York Stock Exchange by 1413 to 1383 and 91 ended unchanged; on the Nasdaq Stock Exchange, 1936 fell and 1353 advanced, while 130 ended unchanged.
Shares in Garmin Ltd (NYSE:GRMN) rose to all time highs; gaining 23.25% or 38.65 to 204.92. Shares in Qorvo Inc (NASDAQ:QRVO) fell to 3-years lows; falling 27.31% or 27.44 to 73.04. Shares in CDW Corp (NASDAQ:CDW) fell to 52-week lows; down 11.30% or 24.84 to 195.06. Shares in Vicinity Motor Corp (NASDAQ:VEV) fell to all time lows; falling 58.30% or 0.03 to 0.02. Shares in SRIVARU Holding Ltd (NASDAQ:SVMH) fell to all time lows; down 55.46% or 0.04 to 0.03. Shares in Applied DNA Sciences Inc (NASDAQ:APDN) fell to all time lows; losing 40.56% or 0.13 to 0.19.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 5.22% to 20.35.
Gold Futures for December delivery was up 0.58% or 16.15 to $2,797.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.62% or 1.76 to hit $68.97 a barrel, while the January Brent oil contract rose 2.54% or 1.80 to trade at $72.53 a barrel.
EUR/USD was unchanged 0.37% to 1.09, while USD/JPY rose 0.03% to 153.39.
The US Dollar Index Futures was down 0.21% at 103.98.