Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Basic Materials, Technology and Healthcare sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average lost 0.60%, while the S&P 500 index lost 0.77%, and the NASDAQ Composite index fell 1.03%.
The best performers of the session on the Dow Jones Industrial Average were Apple Inc (NASDAQ:AAPL), which rose 1.27% or 2.63 points to trade at 209.82 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 1.21% or 1.34 points to end at 112.49 and Procter & Gamble Company (NYSE:PG) was up 1.15% or 1.93 points to 170.02 in late trade.
The worst performers of the session were Amgen Inc (NASDAQ:AMGN), which fell 5.05% or 16.61 points to trade at 312.50 at the close. Walt Disney Company (NYSE:DIS) declined 4.47% or 4.02 points to end at 85.95 and Intel Corporation (NASDAQ:INTC) was down 3.63% or 0.72 points to 18.99.
The top performers on the S&P 500 were Fortinet Inc (NASDAQ:FTNT) which rose 25.30% to 69.93, Axon Enterprise Inc (NASDAQ:AXON) which was up 18.39% to settle at 349.24 and VF Corporation (NYSE:VFC) which gained 7.06% to close at 17.60.
The worst performers were Super Micro Computer Inc (NASDAQ:SMCI) which was down 20.20% to 492.34 in late trade, Airbnb Inc (NASDAQ:ABNB) which lost 13.38% to settle at 113.01 and Charles River Laboratories (NYSE:CRL) which was down 12.60% to 199.96 at the close.
The top performers on the NASDAQ Composite were Richtech Robotics Inc (NASDAQ:RR) which rose 67.14% to 0.62, G1 Therapeutics Inc (NASDAQ:GTHX) which was up 66.12% to settle at 7.06 and Greenlane Holdings Inc (NASDAQ:GNLN) which gained 58.20% to close at 4.05.
The worst performers were Expion360 Inc (NASDAQ:XPON) which was down 68.08% to 0.08 in late trade, VBI Vaccines Inc (NASDAQ:VBIV) which lost 51.09% to settle at 0.07 and DZS Inc (NASDAQ:DZSI) which was down 50.00% to 0.52 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1713 to 1129 and 77 ended unchanged; on the Nasdaq Stock Exchange, 2305 fell and 1051 advanced, while 111 ended unchanged.
Shares in Axon Enterprise Inc (NASDAQ:AXON) rose to all time highs; gaining 18.39% or 54.24 to 349.24. Shares in Airbnb Inc (NASDAQ:ABNB) fell to 52-week lows; falling 13.38% or 17.46 to 113.01. Shares in Intel Corporation (NASDAQ:INTC) fell to 5-year lows; down 3.63% or 0.72 to 18.99. Shares in Expion360 Inc (NASDAQ:XPON) fell to 52-week lows; down 68.08% or 0.18 to 0.08. Shares in G1 Therapeutics Inc (NASDAQ:GTHX) rose to 52-week highs; rising 66.12% or 2.81 to 7.06. Shares in DZS Inc (NASDAQ:DZSI) fell to 5-year lows; down 50.00% or 0.52 to 0.52.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.51% to 27.85.
Gold Futures for December delivery was down 0.38% or 9.15 to $2,422.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 2.95% or 2.16 to hit $75.36 a barrel, while the October Brent oil contract rose 2.54% or 1.94 to trade at $78.42 a barrel.
EUR/USD was unchanged 0.07% to 1.09, while USD/JPY rose 1.71% to 146.77.
The US Dollar Index Futures was up 0.21% at 102.97.