Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Basic Materials, Consumer Goods and Telecoms sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average lost 1.23%, while the S&P 500 index lost 1.09%, and the NASDAQ Composite index lost 1.19%.
The best performers of the session on the Dow Jones Industrial Average were Apple Inc (NASDAQ:AAPL), which rose 2.04% or 4.26 points to trade at 213.30 at the close. Meanwhile, JPMorgan Chase & Co (NYSE:JPM) added 0.35% or 0.41 points to end at 115.96 and Pfizer Inc (NYSE:PFE) was up 0.18% or 0.07 points to 38.86 in late trade.
The worst performers of the session were Microsoft Corporation (NASDAQ:MSFT), which fell 2.91% or 4.08 points to trade at 136.46 at the close. Verizon Communications Inc (NYSE:VZ) declined 2.53% or 1.43 points to end at 55.20 and UnitedHealth Group Incorporated (NYSE:UNH) was down 2.33% or 5.93 points to 249.00.
The top performers on the S&P 500 were Nordstrom Inc (NYSE:JWN) which rose 7.85% to 33.10, Aptiv PLC (NYSE:APTV) which was up 7.60% to settle at 87.77 and Edison International (NYSE:EIX) which gained 6.12% to close at 74.57.
The worst performers were Advanced Micro Devices Inc (NASDAQ:AMD) which was down 10.10% to 30.43 in late trade, Maxim Integrated Products Inc (NASDAQ:MXIM) which lost 7.70% to settle at 59.19 and Micron Technology Inc (NASDAQ:MU) which was down 5.42% to 44.89 at the close.
The top performers on the NASDAQ Composite were Benitec Biopharma Ltd ADR (NASDAQ:BNTC) which rose 39.25% to 0.8500, Enphase Energy Inc (NASDAQ:ENPH) which was up 30.02% to settle at 28.150 and Big 5 Sporting Goods Corporation (NASDAQ:BGFV) which gained 29.09% to close at 2.13.
The worst performers were 2U Inc (NASDAQ:TWOU) which was down 64.93% to 12.80 in late trade, T2 Biosystms Inc (NASDAQ:TTOO) which lost 59.03% to settle at 0.59 and Sigma Labs Inc (NASDAQ:SGLB) which was down 39.68% to 0.760 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1922 to 1104 and 10 ended unchanged; on the Nasdaq Stock Exchange, 1814 fell and 841 advanced, while 102 ended unchanged.
Shares in Edison International (NYSE:EIX) rose to 52-week highs; rising 6.12% or 4.30 to 74.57. Shares in 2U Inc (NASDAQ:TWOU) fell to 5-year lows; down 64.93% or 23.70 to 12.80. Shares in Enphase Energy Inc (NASDAQ:ENPH) rose to all time highs; up 30.02% or 6.500 to 28.150. Shares in T2 Biosystms Inc (NASDAQ:TTOO) fell to all time lows; losing 59.03% or 0.85 to 0.59. Shares in Sigma Labs Inc (NASDAQ:SGLB) fell to 5-year lows; falling 39.68% or 0.500 to 0.760.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 15.64% to 16.12 a new 1-month high.
Gold Futures for August delivery was down 1.15% or 16.40 to $1413.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.34% or 0.20 to hit $57.85 a barrel, while the October Brent oil contract fell 0.05% or 0.03 to trade at $64.30 a barrel.
EUR/USD was up 0.02% to 1.1077, while USD/JPY unchanged 0.00% to 108.74.
The US Dollar Index Futures was up 0.55% at 98.347.