Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Technology, Consumer Goods and Consumer Services sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average fell 1.25%, while the S&P 500 index lost 2.31%, and the NASDAQ Composite index declined 3.62%.
The best performers of the session on the Dow Jones Industrial Average were Johnson & Johnson (NYSE:JNJ), which rose 2.58% or 3.93 points to trade at 156.28 at the close. Meanwhile, Verizon Communications Inc (NYSE:VZ) added 2.02% or 0.79 points to end at 39.67 and Coca-Cola Co (NYSE:KO) was up 1.31% or 0.85 points to 65.81 in late trade.
The worst performers of the session were Visa Inc Class A (NYSE:V), which fell 4.01% or 10.62 points to trade at 254.17 at the close. Intel Corporation (NASDAQ:INTC) declined 3.79% or 1.25 points to end at 31.70 and Microsoft Corporation (NASDAQ:MSFT) was down 3.59% or 15.95 points to 428.90.
The top performers on the S&P 500 were Enphase Energy Inc (NASDAQ:ENPH) which rose 12.80% to 116.91, AT&T Inc (NYSE:T) which was up 5.22% to settle at 19.16 and Nextera Energy Inc (NYSE:NEE) which gained 4.58% to close at 75.41.
The worst performers were Lamb Weston Holdings Inc (NYSE:LW) which was down 28.24% to 56.42 in late trade, Tesla Inc (NASDAQ:TSLA) which lost 12.33% to settle at 215.99 and Super Micro Computer Inc (NASDAQ:SMCI) which was down 9.15% to 711.56 at the close.
The top performers on the NASDAQ Composite were Nuzee Inc (NASDAQ:NUZE) which rose 219.42% to 3.29, Dermata Therapeutics Inc (NASDAQ:DRMA) which was up 105.38% to settle at 2.67 and Pieris Pharmaceuticals Inc (NASDAQ:PIRS) which gained 88.60% to close at 15.05.
The worst performers were Next Technology Holding Inc (NASDAQ:NXTT) which was down 55.84% to 2.57 in late trade, Nuwellis Inc (NASDAQ:NUWE) which lost 40.00% to settle at 2.49 and Vintage Wine Estates Inc (NASDAQ:VWE) which was down 36.87% to 0.07 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2317 to 526 and 59 ended unchanged; on the Nasdaq Stock Exchange, 2487 fell and 845 advanced, while 126 ended unchanged.
Shares in Lamb Weston Holdings Inc (NYSE:LW) fell to 52-week lows; down 28.24% or 22.20 to 56.42. Shares in AT&T Inc (NYSE:T) rose to 52-week highs; gaining 5.22% or 0.95 to 19.16. Shares in Coca-Cola Co (NYSE:KO) rose to 52-week highs; rising 1.31% or 0.85 to 65.81. Shares in Nuwellis Inc (NASDAQ:NUWE) fell to all time lows; down 40.00% or 1.66 to 2.49. Shares in Vintage Wine Estates Inc (NASDAQ:VWE) fell to all time lows; losing 36.87% or 0.04 to 0.07.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 22.55% to 18.04 a new 3-months high.
Gold Futures for August delivery was down 0.35% or 8.50 to $2,398.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.62% or 0.48 to hit $77.44 a barrel, while the September Brent oil contract rose 0.57% or 0.46 to trade at $81.47 a barrel.
EUR/USD was unchanged 0.11% to 1.08, while USD/JPY fell 1.03% to 153.99.
The US Dollar Index Futures was down 0.07% at 104.11.