Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Technology, Consumer Services and Financials sectors led shares lower.
At the close in New York, the Dow Jones Industrial Average declined 1.54%, while the S&P 500 index lost 1.13%, and the NASDAQ Composite index fell 1.52%.
The best performers of the session on the Dow Jones Industrial Average were General Electric Company (NYSE:GE), which fell 0.11% or 0.03 points to trade at 27.25 at the close. Meanwhile, Johnson & Johnson (NYSE:JNJ) fell 0.21% or 0.21 points to end at 99.58 and Pfizer Inc (NYSE:PFE) was down 0.43% or 0.15 points to 35.04 in late trade.
The worst performers of the session were American Express Company (NYSE:AXP), which fell 4.44% or 3.59 points to trade at 77.32 at the close. The Travelers Companies Inc (NYSE:TRV) declined 3.01% or 3.27 points to end at 105.40 and 3M Company (NYSE:MMM) was down 2.52% or 4.18 points to 161.71.
The top performers on the S&P 500 were Mattel Inc (NASDAQ:MAT) which rose 5.84% to 26.75, Mylan Inc (NASDAQ:MYL) which was up 4.46% to settle at 69.81 and Southwestern Energy Company (NYSE:SWN) which gained 2.80% to close at 27.14.
The worst performers were Time Warner Cable Inc (NYSE:TWC) which was down 5.43% to 149.61 in late trade, American Express Company (NYSE:AXP) which lost 4.44% to settle at 77.32 and PVH Corp (NYSE:PVH) which was down 3.62% to 103.74 at the close.
The top performers on the NASDAQ Composite were Supertel Hospitality Inc (NASDAQ:SPPR) which rose 60.73% to 3.070, Axion Power International Inc (NASDAQ:AXPW) which was up 45.16% to settle at 0.045 and Vapor Corp (NASDAQ:VPCO) which gained 24.98% to close at 0.95.
The worst performers were Athersys Inc (NASDAQ:ATHX) which was down 35.78% to 1.400 in late trade, Professional Diversity Network Inc (NASDAQ:IPDN) which lost 27.95% to settle at 2.99 and Discovery Laboratories Inc (NASDAQ:DSCO) which was down 18.84% to 1.12 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2425 to 384 and 1 ended unchanged; on the Nasdaq Stock Exchange, 2220 fell and 558 advanced, while 5 ended unchanged.
Shares in American Express Company (NYSE:AXP) fell to 52-week lows; losing 4.44% or 3.59 to 77.32. Shares in American Express Company (NYSE:AXP) fell to 52-week lows; down 4.44% or 3.59 to 77.32. Shares in Supertel Hospitality Inc (NASDAQ:SPPR) rose to 52-week highs; rising 60.73% or 1.160 to 3.070. Shares in Professional Diversity Network Inc (NASDAQ:IPDN) fell to 52-week lows; losing 27.95% or 1.16 to 2.99.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 10.08% to 13.87.
Gold for June delivery was up 0.52% or 6.20 to $1204.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.17% or 0.67 to hit $56.05 a barrel, while the June Brent oil contract fell 0.43% or 0.28 to trade at $63.70 a barrel.
EUR/USD was up 0.44% to 1.0808, while USD/JPY fell 0.10% to 118.92.
The US Dollar Index was down 0.27% at 97.61.