Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Technology, Telecoms and Oil & Gas sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average fell 2.41% to hit a new 3-months low, while the S&P 500 index fell 3.09%, and the NASDAQ Composite index declined 4.43%.
The best performers of the session on the Dow Jones Industrial Average were Procter & Gamble Company (NYSE:PG), which rose 2.64% or 2.30 points to trade at 89.46 at the close. Meanwhile, Boeing Co (NYSE:BA) added 1.31% or 4.60 points to end at 354.65 and Coca-Cola Company (NYSE:KO) was up 0.80% or 0.37 points to 46.73 in late trade.
The worst performers of the session were United Technologies Corporation (NYSE:UTX), which fell 6.11% or 7.95 points to trade at 122.07 at the close. Caterpillar Inc (NYSE:CAT) declined 5.58% or 6.64 points to end at 112.34 and Microsoft Corporation (NASDAQ:MSFT) was down 5.35% or 5.78 points to 102.32.
The top performers on the S&P 500 were Varian Medical Systems Inc (NYSE:VAR) which rose 7.74% to 112.40, DTE Energy Company (NYSE:DTE) which was up 5.15% to settle at 117.70 and Juniper Networks Inc (NYSE:JNPR) which gained 3.92% to close at 28.66.
The worst performers were DXC Technology Co (NYSE:DXC) which was down 16.34% to 73.25 in late trade, Chesapeake Energy Corporation (NYSE:CHK) which lost 12.11% to settle at 3.920 and Robert Half International Inc (NYSE:RHI) which was down 10.34% to 57.38 at the close.
The top performers on the NASDAQ Composite were National American University (NASDAQ:NAUH) which rose 115.69% to 1.100, Clementia Pharmaceuticals Inc (NASDAQ:CMTA) which was up 40.23% to settle at 14.50 and XpresSpa Group Inc (NASDAQ:XSPA) which gained 28.90% to close at 0.199.
The worst performers were Ameri Holdings Inc (NASDAQ:AMRH) which was down 60.69% to 0.41 in late trade, Travelzoo Inc (NASDAQ:TZOO) which lost 31.33% to settle at 8.00 and Yulong Eco-Materials Ltd (NASDAQ:YECO) which was down 28.42% to 4.610 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2417 to 684 and 61 ended unchanged; on the Nasdaq Stock Exchange, 2281 fell and 394 advanced, while 44 ended unchanged.
Shares in DXC Technology Co (NYSE:DXC) fell to 52-week lows; down 16.34% or 14.31 to 73.25. Shares in DTE Energy Company (NYSE:DTE) rose to all time highs; gaining 5.15% or 5.76 to 117.70. Shares in Caterpillar Inc (NYSE:CAT) fell to 52-week lows; down 5.58% or 6.64 to 112.34. Shares in Ameri Holdings Inc (NASDAQ:AMRH) fell to all time lows; losing 60.69% or 0.63 to 0.41.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 21.83% to 25.23 a new 6-months high.
Gold Futures for December delivery was up 0.16% or 2.00 to $1235.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.27% or 0.18 to hit $66.25 a barrel, while the December Brent oil contract fell 1.30% or 0.99 to trade at $75.45 a barrel.
EUR/USD was down 0.67% to 1.1395, while USD/JPY fell 0.24% to 112.16.
The US Dollar Index Futures was up 0.44% at 96.13.