Stocks in the U.S. closed lower on Friday, as the indices fell due to losses in the financial, communications, and technology sectors.
At the end of trading in New York, the Dow Jones Industrial Average dropped by 1.66%, hitting its lowest level in a month. The S&P 500 fell by 1.55%, while the Nasdaq Composite declined by 1.64%.
Leading Stocks in the Dow Jones
Among the top performers in the Dow Jones were:
- Chevron Corp (NYSE:CVX): Gained 1.89% or 2.84 points, closing at $153.14.
- Walmart Inc (NYSE:WMT): Increased by 1.31% or 1.20 points, closing at $93.00.
- Home Depot Inc (NYSE:HD): Added 0.69% or 2.69 points, closing at $389.89.
Weakest Performers in the Dow Jones
- Travelers Companies Inc (NYSE:TRV): Dropped 4.25% or 10.31 points, ending at $232.46.
- Goldman Sachs Group Inc (NYSE:GS): Fell by 3.45% or 20.02 points, closing at $560.00.
- American Express Co (NYSE:AXP): Declined 3.15% or 9.55 points, finishing at $293.30.
Top Performers in the S&P 500
- Walgreens Boots Alliance Inc (NASDAQ:WBA): Surged 27.44% to $11.75.
- Constellation Energy Corp (NASDAQ:CEG): Rose 25.16%, closing at $305.19.
- Delta Air Lines Inc (NYSE:DAL): Increased 8.98%, ending at $66.94.
Weakest Performers in the S&P 500
- Constellation Brands Inc Class A (NYSE:STZ): Plummeted 17.09%, closing at $181.81.
- PG&E Corp (NYSE:PCG): Lost 10.81%, ending at $17.17.
- ON Semiconductor (NASDAQ:ON): Dropped 7.49%, closing at $53.94.
Top Performers in the Nasdaq Composite
- Wisekey International Holding AG (NASDAQ:WKEY): Gained 53.42%, closing at $10.08.
- VerifyMe Inc (NASDAQ:VRME): Increased 51.79%, closing at $2.55.
- DatChat Inc (NASDAQ:DATS): Rose 50.47%, closing at $4.83.
Weakest Performers in the Nasdaq Composite
- IGM Biosciences Inc (NASDAQ:IGMS): Fell 66.29%, closing at $2.09.
- CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG): Lost 51.17%, finishing at $1.87.
- ModivCare Inc (NASDAQ:MODV): Dropped 47.48%, ending at $6.56.
Market Breadth
On the New York Stock Exchange, declining stocks outnumbered advancing ones by 2,241 to 589, with 44 stocks unchanged. On the Nasdaq, 2,527 stocks declined, 784 advanced, and 110 remained unchanged.
Notable Records
- Constellation Brands Inc Class A (NYSE:STZ): Hit a 3-year low, falling 17.09% to $181.81.
- Constellation Energy Corp (NASDAQ:CEG): Reached an all-time high, rising 25.16% to $305.19.
- Delta Air Lines Inc (NYSE:DAL): Achieved an all-time high, climbing 8.98% to $66.94.
- ON Semiconductor (NASDAQ:ON): Hit a 52-week low, dropping 7.49% to $53.94.
- IGM Biosciences Inc (NASDAQ:IGMS): Reached an all-time low, falling 66.29% to $2.09.
Volatility Index and Commodities
- The Volatility Index (VIX), measuring implied volatility of S&P 500 options, rose 8.14%, closing at 19.54.
- Gold futures for February delivery rose 0.95% to $2,716.29 per ounce.
- WTI crude oil futures for February delivery climbed 3.65% to $76.62 per barrel.
- Brent crude oil futures for March delivery increased 3.60% to $79.69 per barrel.
Currency Markets
- EUR/USD fell 0.53% to 1.02.
- USD/JPY dropped 0.20% to 157.76.
- The U.S. Dollar Index rose 0.45%, reaching 109.50.