U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.77%

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Investing.com – U.S. equities were lower at the close on Friday, as losses in the Consumer Services, Telecoms and Technology sectors propelled shares lower.

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At the close in NYSE, the Dow Jones Industrial Average lost 2.77% to hit a new 1-month low, while the S&P 500 index lost 3.63%, and the NASDAQ Composite index fell 4.17%.

The biggest gainers of the session on the Dow Jones Industrial Average were Honeywell International Inc (NASDAQ:HON), which rose 1.89% or 3.59 points to trade at 193.51 at the close. Merck&Company Inc (NYSE:MRK) added 0.12% or 0.11 points to end at 88.69 and Caterpillar Inc (NYSE:CAT) was down 0.89% or 1.90 points to 210.54 in late trade.

Biggest losers included Intel Corporation (NASDAQ:INTC), which lost 6.94% or 3.25 points to trade at 43.59 in late trade. Salesforce.com Inc (NYSE:CRM) declined 5.28% or 9.80 points to end at 175.94 and Walgreens Boots Alliance Inc (NASDAQ:WBA) shed 4.78% or 2.13 points to 42.40.

The top performers on the S&P 500 were Mohawk Industries Inc (NYSE:MHK) which rose 7.86% to 141.06, Celanese Corporation (NYSE:CE) which was up 2.81% to settle at 146.94 and Honeywell International Inc (NASDAQ:HON) which gained 1.89% to close at 193.51.

The worst performers were VeriSign Inc (NASDAQ:VRSN) which was down 14.26% to 178.69 in late trade, Amazon.com Inc (NASDAQ:AMZN) which lost 14.05% to settle at 2,485.63 and Cincinnati Financial Corporation (NASDAQ:CINF) which was down 9.81% to 122.66 at the close.

The top performers on the NASDAQ Composite were GTY Technology Holdings Inc A (NASDAQ:GTYH) which rose 115.19% to 6.09, Vaxxinity Inc (NASDAQ:VAXX) which was up 84.22% to settle at 6.95 and Redbox Entertainment Inc (NASDAQ:RDBX) which gained 69.41% to close at 5.98.

The worst performers were Accolade Inc (NASDAQ:ACCD) which was down 49.73% to 5.56 in late trade, Genocea Biosciences Inc (NASDAQ:GNCA) which lost 30.55% to settle at 0.28 and Missfresh Ltd ADR (NASDAQ:MF) which was down 27.74% to 0.52 at the close.

Declining stocks outnumbered rising ones by 2611 to 605 and 105 ended unchanged; on the Nasdaq Stock Exchange, 2861 fell and 967 advanced, while 252 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 11.37% to 33.40.

In commodities trading, Gold Futures for June delivery was up 0.30% or 5.74 to $1,897.04 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.80% or 0.84 to hit $104.52 a barrel, while the July Brent oil contract fell 0.31% or 0.33 to trade at $106.93 a barrel.

EUR/USD was up 0.54% to 1.06, while USD/JPY fell 0.75% to 129.88.

The US Dollar Index Futures was down 0.47% at 103.17.