U.S. stocks lower at close of trade; Dow Jones Industrial Average down 6.30%

Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in NYSE, the fell 6.30% to hit a new 3-years low, while the index lost 5.18%, and the index lost 4.70%.

The best performers of the session on the were Walgreens Boots Alliance Inc (NASDAQ:), which rose 6.47% or 3.21 points to trade at 52.81 at the close. Meanwhile, Cisco Systems Inc (NASDAQ:) added 4.56% or 1.62 points to end at 37.12 and Walmart Inc (NYSE:) was up 2.78% or 3.32 points to 122.58 in late trade.

The worst performers of the session were Chevron Corp (NYSE:), which fell 22.12% or 15.64 points to trade at 55.05 at the close. Boeing Co (NYSE:) declined 17.92% or 22.25 points to end at 101.89 and The Travelers Companies Inc (NYSE:) was down 15.27% or 14.72 points to 81.69.

The top performers on the S&P 500 were Akamai Technologies Inc (NASDAQ:) which rose 9.80% to 97.10, Huntington Ingalls Industries Inc (NYSE:) which was up 6.99% to settle at 172.36 and Gilead Sciences Inc (NASDAQ:) which gained 6.58% to close at 79.42.

The worst performers were Coty Inc (NYSE:) which was down 31.38% to 3.74 in late trade, Aptiv PLC (NYSE:) which lost 30.55% to settle at 33.55 and United Airlines Holdings Inc (NASDAQ:) which was down 30.29% to 21.38 at the close.

The top performers on the NASDAQ Composite were Biomerica Inc (NASDAQ:) which rose 334.60% to 10.300, Entasis Therapeutics Holdings Inc (NASDAQ:) which was up 175.25% to settle at 5.56 and Waitr Holdings Inc (NASDAQ:) which gained 159.21% to close at 1.9700.

The worst performers were The Chefs Warehouse Inc (NASDAQ:) which was down 53.06% to 3.60 in late trade, Matlin & Partners Acquisition Corp (NASDAQ:) which lost 51.15% to settle at 0.273 and Penn Virginia Corporation (NASDAQ:) which was down 48.64% to 1.13 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2748 to 198 and 8 ended unchanged; on the Nasdaq Stock Exchange, 2438 fell and 296 advanced, while 21 ended unchanged.

Shares in Coty Inc (NYSE:) fell to all time lows; losing 31.38% or 1.71 to 3.74. Shares in Aptiv PLC (NYSE:) fell to 5-year lows; down 30.55% or 14.76 to 33.55. Shares in United Airlines Holdings Inc (NASDAQ:) fell to 5-year lows; falling 30.29% or 9.29 to 21.38. Shares in Chevron Corp (NYSE:) fell to 5-year lows; falling 22.12% or 15.64 to 55.05. Shares in Boeing Co (NYSE:) fell to 5-year lows; falling 17.92% or 22.25 to 101.89. Shares in Walmart Inc (NYSE:) rose to all time highs; rising 2.78% or 3.32 to 122.58. Shares in The Travelers Companies Inc (NYSE:) fell to 5-year lows; falling 15.27% or 14.72 to 81.69. Shares in Biomerica Inc (NASDAQ:) rose to all time highs; gaining 334.60% or 7.930 to 10.300. Shares in The Chefs Warehouse Inc (NASDAQ:) fell to all time lows; falling 53.06% or 4.07 to 3.60. Shares in Matlin & Partners Acquisition Corp (NASDAQ:) fell to all time lows; down 51.15% or 0.285 to 0.273. Shares in Penn Virginia Corporation (NASDAQ:) fell to 3-years lows; losing 48.64% or 1.07 to 1.13.

The , which measures the implied volatility of S&P 500 options, was up 0.71% to 76.45.

Gold Futures for April delivery was down 2.52% or 38.50 to $1487.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 16.43% or 4.49 to hit $22.84 a barrel, while the May Brent oil contract fell 0.11% or 0.03 to trade at $26.45 a barrel.

EUR/USD was down 0.02% to 1.0911, while USD/JPY fell 0.11% to 107.94.

The US Dollar Index Futures was up 1.45% at 101.250.

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