U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.7600%

Investing.com – U.S. equities were lower at the close on Tuesday, as losses in the Financials , Industrials and Basic Materials sectors propelled shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 1.7600%, while the S&P 500 index lost 1.5474%, and the NASDAQ Composite index fell 1.5900%.

The biggest gainers of the session on the Dow Jones Industrial Average were Chevron Corp (NYSE: CVX ), which rose 3.9722% or 5.71999979 points to trade at 149.72000122 at the close. Home Depot Inc (NYSE: HD ) added 1.3995% or 4.42000008 points to end at 320.25000000 and Walmart Inc (NYSE: WMT ) was up 0.6141% or 0.82999998 points to 135.99000549 in late trade.

Biggest losers included American Express Company (NYSE: AXP ), which lost 8.4713% or 16.47999954 points to trade at 178.05999756 in late trade. Boeing Co (NYSE: BA ) declined 5.0794% or 10.43000031 points to end at 194.91000366 and JPMorgan Chase & Co (NYSE: JPM ) shed 3.7729% or 5.34999990 points to 136.44999695.

The top performers on the S&P 500 were Target Corporation (NYSE: TGT ) which rose 9.8413% to 219.42999268, CH Robinson Worldwide Inc (NASDAQ: CHRW ) which was up 8.4195% to settle at 104.81999969 and Occidental Petroleum Corporation (NYSE: OXY ) which gained 6.9975% to close at 46.79000092.

The worst performers were DXC Technology Co (NYSE: DXC ) which was down 11.5780% to 30.09000015 in late trade, Aptiv PLC (NYSE: APTV ) which lost 8.7994% to settle at 118.05000305 and Royal Caribbean Cruises Ltd (NYSE: RCL ) which was down 8.7339% to 73.66999817 at the close.

The top performers on the NASDAQ Composite were Avenue Therapeutics Inc (NASDAQ: ATXI ) which rose 78.4643% to 0.60659999, CTi Biopharma Corp (NASDAQ: CTIC ) which was up 63.1579% to settle at 3.09999990 and Gbs (NASDAQ: GBS ) which gained 50.0000% to close at 0.69000000.

The worst performers were Vroom (NASDAQ: VRM ) which was down 46.5461% to 3.25000000 in late trade, Mullen Automotive Inc (NASDAQ: MULN ) which lost 39.3491% to settle at 1.02499998 and Goodrx Holdings Inc (NASDAQ: GDRX ) which was down 38.9416% to 16.72999954 at the close.

Declining stocks outnumbered rising ones by 2001 to 1268 and 117 ended unchanged; on the Nasdaq Stock Exchange, 2521 fell and 1361 advanced, while 201 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 10.5100% to 33.31999969 a new 52-week high.

In commodities trading, Gold Futures for April delivery was up 2.4800% or 47.04999924 to $1947.75000000 a troy ounce. Meanwhile, Crude oil for delivery in April rose 11.2000% or 10.72000027 to hit $106.44000244 a barrel, while the May Brent oil contract fell 0.1000% or 0.11000000 to trade at $107.11000061 a barrel.

EUR/USD was up 0.0090% to 1.11269999, while USD/JPY fell 0.0087% to 114.87999725.

The US Dollar Index Futures was up 0.7200% at 97.38800049.