U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.39%

Investing.com – U.S. stocks were lower after the close on Monday, as losses in the Technology, Basic Materials and Utilities sectors led shares lower.

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At the close in NYSE, the Dow Jones Industrial Average fell 0.39%, while the S&P 500 index lost 0.75%, and the NASDAQ Composite index declined 1.03%.

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The best performers of the session on the Dow Jones Industrial Average were The Travelers Companies Inc (NYSE:TRV), which rose 1.42% or 2.59 points to trade at 184.55 at the close. Meanwhile, Goldman Sachs Group Inc (NYSE:GS) added 0.89% or 3.03 points to end at 344.85 and UnitedHealth Group Incorporated (NYSE:UNH) was up 0.75% or 4.11 points to 555.35 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 2.20% or 0.64 points to trade at 28.43 at the close. Microsoft Corporation (NASDAQ:MSFT) declined 1.59% or 3.74 points to end at 232.13 and Dow Inc (NYSE:DOW) was down 1.58% or 0.75 points to 46.73.

The top performers on the S&P 500 were Wynn Resorts Limited (NASDAQ:WYNN) which rose 9.61% to 63.90, Coterra Energy Inc (NYSE:CTRA) which was up 3.49% to settle at 31.15 and DaVita HealthCare Partners Inc (NYSE:DVA) which gained 3.47% to close at 72.99.

The worst performers were Global Payments Inc (NYSE:GPN) which was down 8.83% to 114.25 in late trade, Newell Brands Inc (NASDAQ:NWL) which lost 8.24% to settle at 13.81 and Meta Platforms Inc (NASDAQ:META) which was down 6.09% to 93.16 at the close.

The top performers on the NASDAQ Composite were Sonnet Biotherapeutics Holdings Inc (NASDAQ:SONN) which rose 66.38% to 1.93, Acorda Therapeutics Inc (NASDAQ:ACOR) which was up 63.36% to settle at 1.07 and Shineco Inc (NASDAQ:SISI) which gained 37.96% to close at 1.09.

The worst performers were Y mAbs Therapeutics (NASDAQ:YMAB) which was down 59.80% to 3.61 in late trade, Tusimple Holdings Inc (NASDAQ:TSP) which lost 45.64% to settle at 3.43 and Bull Horn Holdings Corp. (NASDAQ:COEP) which was down 45.61% to 6.50 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1604 to 1472 and 118 ended unchanged; on the Nasdaq Stock Exchange, 2004 fell and 1753 advanced, while 165 ended unchanged.

Shares in Newell Brands Inc (NASDAQ:NWL) fell to 52-week lows; down 8.24% or 1.24 to 13.81. Shares in Meta Platforms Inc (NASDAQ:META) fell to 5-year lows; falling 6.09% or 6.04 to 93.16. Shares in UnitedHealth Group Incorporated (NYSE:UNH) rose to all time highs; up 0.75% or 4.11 to 555.35. Shares in Y mAbs Therapeutics (NASDAQ:YMAB) fell to all time lows; down 59.80% or 5.37 to 3.61. Shares in Tusimple Holdings Inc (NASDAQ:TSP) fell to all time lows; down 45.64% or 2.88 to 3.43. Shares in Bull Horn Holdings Corp. (NASDAQ:COEP) fell to all time lows; falling 45.61% or 5.45 to 6.50.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.50% to 25.88.

Gold Futures for December delivery was down 0.53% or 8.65 to $1,636.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.95% or 1.71 to hit $86.19 a barrel, while the January Brent oil contract fell 1.30% or 1.22 to trade at $92.55 a barrel.

EUR/USD was down 0.80% to 0.99, while USD/JPY rose 0.86% to 148.71.

The US Dollar Index Futures was up 0.77% at 111.45.

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