April 16, 2025

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.73%

Investing.com – U.S. stocks were lower after the close on Wednesday, as losses in the Technology , Consumer Services and Telecoms sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average declined 1.73%, while the S&P 500 index fell 2.24%, and the NASDAQ Composite index fell 3.07%.

The best performers of the session on the Dow Jones Industrial Average were Travelers Companies (NYSE: TRV ), which rose 1.13% or 2.82 points to trade at 252.48 at the close. Meanwhile, Chevron Corp (NYSE: CVX ) added 0.62% or 0.83 points to end at 135.37 and Boeing Co (NYSE: BA ) was up 0.61% or 0.95 points to 156.47 in late trade.

The worst performers of the session were NVIDIA Corporation (NASDAQ: NVDA ), which fell 6.87% or 7.71 points to trade at 104.49 at the close. Amgen Inc (NASDAQ: AMGN ) declined 4.28% or 12.65 points to end at 282.65 and Apple Inc (NASDAQ: AAPL ) was down 3.89% or 7.87 points to 194.27.

The top performers on the S&P 500 were APA Corporation (NASDAQ: APA ) which rose 3.22% to 15.37, Targa Resources Inc (NYSE: TRGP ) which was up 2.76% to settle at 172.68 and Abbott Laboratories (NYSE: ABT ) which gained 2.76% to close at 129.70.

The worst performers were JB Hunt Transport Services Inc (NASDAQ: JBHT ) which was down 7.65% to 124.77 in late trade, Interpublic Group of Companies Inc (NYSE: IPG ) which lost 7.44% to settle at 23.27 and Advanced Micro Devices Inc (NASDAQ: AMD ) which was down 7.35% to 88.29 at the close.

The top performers on the NASDAQ Composite were American Resources Corp Class A (NASDAQ: AREC ) which rose 82.28% to 1.10, Treasure Global Inc (NASDAQ: TGL ) which was up 81.74% to settle at 3.78 and Odyssey Marine Exploration Inc (NASDAQ: OMEX ) which gained 62.69% to close at 0.69.

The worst performers were Click Holdings Ltd (NASDAQ: CLIK ) which was down 74.20% to 0.69 in late trade, iOThree Ltd (NASDAQ: IOTR ) which lost 54.21% to settle at 1.85 and Sunation Energy Inc (NASDAQ: SUNE ) which was down 52.20% to 0.02 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1791 to 983 and 77 ended unchanged; on the Nasdaq Stock Exchange, 2233 fell and 1072 advanced, while 104 ended unchanged.

Shares in JB Hunt Transport Services Inc (NASDAQ: JBHT ) fell to 3-years lows; down 7.65% or 10.34 to 124.77. Shares in Click Holdings Ltd (NASDAQ: CLIK ) fell to all time lows; down 74.20% or 1.97 to 0.69. Shares in iOThree Ltd (NASDAQ: IOTR ) fell to all time lows; falling 54.21% or 2.19 to 1.85. Shares in Sunation Energy Inc (NASDAQ: SUNE ) fell to all time lows; losing 52.20% or 0.02 to 0.02.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 8.53% to 32.69.

Gold Futures for June delivery was up 3.52% or 114.07 to $3,354.47 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.28% or 1.40 to hit $62.73 a barrel, while the June Brent oil contract rose 2.15% or 1.39 to trade at $66.06 a barrel.

EUR/USD was up 0.95% to 1.14, while USD/JPY fell 0.71% to 142.15.

The US Dollar Index Futures was down 0.83% at 99.13.

OK