Investing.com – U.S. equities were lower at the close on Tuesday, as losses in the Basic Materials, Oil & Gas and Industrials sectors propelled shares lower.
At the close in NYSE, the Dow Jones Industrial Average lost 3.15% to hit a new 3-month low, while the S&P 500 index lost 3.03%, and the NASDAQ Composite index fell 2.77%.
The biggest gainers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which fell 0.67% or 1.42 points to trade at 212.10 at the close. Johnson & Johnson (NYSE:JNJ) fell 0.86% or 1.26 points to end at 144.65 and Home Depot Inc (NYSE:HD) was down 0.97% or 2.32 points to 237.38 in late trade.
Biggest losers included American Express Company (NYSE:AXP), which lost 5.69% or 7.29 points to trade at 120.90 in late trade. United Technologies Corporation (NYSE:UTX) declined 5.30% or 7.77 points to end at 138.81 and Visa Inc Class A (NYSE:V) shed 5.23% or 10.39 points to 188.40.
The top performers on the S&P 500 were HP Inc (NYSE:HPQ) which rose 5.66% to 23.35, Xerox Corp (NYSE:XRX) which was up 4.59% to settle at 36.46 and Regeneron Pharmaceuticals Inc (NASDAQ:REGN) which gained 3.99% to close at 442.35.
The worst performers were American Airlines Group (NASDAQ:AAL) which was down 9.16% to 23.12 in late trade, Occidental Petroleum Corporation (NYSE:OXY) which lost 8.33% to settle at 36.19 and Southwest Airlines Company (NYSE:LUV) which was down 8.22% to 49.66 at the close.
The top performers on the NASDAQ Composite were Spherix Inc (NASDAQ:SPEX) which rose 136.89% to 2.440, Nemaura Medical Inc (NASDAQ:NMRD) which was up 76.29% to settle at 5.80 and Cocrystal Pharma Inc (NASDAQ:COCP) which gained 64.66% to close at 2.1900.
The worst performers were Imv Inc (NASDAQ:IMV) which was down 39.96% to 2.87 in late trade, Cornerstone OnDemand Inc (NASDAQ:CSOD) which lost 28.39% to settle at 39.42 and Lipocine Inc (NASDAQ:LPCN) which was down 27.60% to 0.5575 at the close.
Declining stocks outnumbered rising ones by 2621 to 280 and 33 ended unchanged; on the Nasdaq Stock Exchange, 2354 fell and 336 advanced, while 51 ended unchanged on the New York Stock Exchange.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 11.27% to 27.85 a new 52-week high.
In commodities trading, Gold Futures for April delivery was down 2.36% or 39.55 to $1637.05 a troy ounce. Meanwhile, Crude oil for delivery in April fell 2.61% or 1.34 to hit $50.09 a barrel, while the May Brent oil contract fell 0.07% or 0.04 to trade at $54.30 a barrel.
EUR/USD was up 0.03% to 1.0882, while USD/JPY rose 0.01% to 110.19.
The US Dollar Index Futures was down 0.37% at 98.912.