U.S. Stocks Close Lower

Investing.com – U.S. stocks declined after market close on Wednesday, led lower by losses in the Technology, Consumer Services, and Consumer Goods sectors.

At the NYSE close:
– Dow Jones Industrial Average fell 0.96%.
– S&P 500 index declined 0.92%.
– NASDAQ Composite index fell 1.59%.

Top and Worst Performers

Dow Jones Industrial Average

• Best performers:
  • Verizon Communications Inc (NYSE:VZ): up 3.30% to 42.87.
  • Walmart Inc (NYSE:WMT): up 1.52% to 83.27.
  • Johnson & Johnson (NYSE:JNJ): up 1.47% to 165.86.
• Worst performers:
  • McDonald’s Corporation (NYSE:MCD): down 5.12% to 298.57.
  • 3M Company (NYSE:MMM): down 2.90% to 127.91.
  • Amazon.com Inc (NASDAQ:AMZN): down 2.61% to 184.75.

S&P 500

• Best performers:
  • Northern Trust Corporation (NASDAQ:NTRS): up 7.02% to 102.51.
  • Teledyne Technologies Incorporated (NYSE:TDY): up 6.00% to 470.09.
  • Packaging Corp of America (NYSE:PKG): up 5.53% to 228.65.
• Worst performers:
  • Enphase Energy Inc (NASDAQ:ENPH): down 14.92% to 78.47.
  • Seagate Technology PLC (NASDAQ:STX): down 8.10% to 103.52.
  • Old Dominion Freight Line Inc (NASDAQ:ODFL): down 5.45% to 188.67.

NASDAQ Composite

• Best performers:
  • LA Rosa Holdings Corp (NASDAQ:LRHC): up 130.61% to 1.13.
  • Kwesst Micro Systems Inc (NASDAQ:KWE): up 113.14% to 2.53.
  • Tevogen Bio Holdings Inc (NASDAQ:TVGN): up 54.04% to 2.48.
• Worst performers:
  • Premium Catering Holdings Ltd (NASDAQ:PC): down 66.01% to 1.39.
  • Silexion Therapeutics Corp (NASDAQ:SLXN): down 32.00% to 0.31.
  • Digital Brands Group Inc (NASDAQ:DBGI): down 30.54% to 0.25.

Market Overview

Falling stocks outnumbered advancing ones on the NYSE by 2038 to 776, and on the Nasdaq by 2296 to 1012.

Shares in Northern Trust Corporation (NASDAQ:NTRS) and Teledyne Technologies Incorporated (NYSE:TDY) reached 52-week highs, while Walmart Inc (NYSE:WMT) achieved all-time highs. Conversely, Premium Catering Holdings Ltd (NASDAQ:PC) fell to all-time lows.

The CBOE Volatility Index increased by 5.71% to 19.24.

In commodities, Gold Futures for December dropped 1.10% to $2,729.50 per troy ounce. Crude oil for December delivery fell 0.99% to $71.03 a barrel.

Currency Updates

• EUR/USD remained unchanged at 1.08.
• USD/JPY rose 1.09% to 152.70.
• The US Dollar Index Futures increased 0.32% to 104.24.