US stocks closed lower, Dow Jones down 0.85%

The US stock market finished trading Friday lower on the back of negative dynamics from the sectors of utilities, consumer goods and oil and gas.

At the close of the New York Stock Exchange, the Dow Jones fell 0.85% to a one-month low, the S&P 500 fell 1.11% and the NASDAQ Composite index fell 0.97%.

Caterpillar Inc was the top performer among the components of the Dow Jones in today's trading, up 0.89% or 2.06 points to close at 232.72. Boeing Co rose 0.98 points (0.53%) to close at 184.70. Dow Inc rose 0.27 points or 0.55% to close at 49.80.

The least gainers were American Express Company shares, which lost 3.92 points or 2.61% to end the session at 146.30. Nike Inc was up 2.36% or 2.56 points to close at 105.95 while McDonald's Corporation was down 2.06% or 5.61 points to close at 266.12. .

Leading gainers among the S&P 500 index components in today's trading were Adobe Systems Incorporated, which rose 2.99% to 338.54, Meta Platforms Inc, which gained 2.82% to close at 119.43, and also shares of Universal Health Services Inc, which rose 2.49% to close the session at 135.83.

The least gainers were shares of Ford Motor Company, which fell 6.98% to close at 12.12. Shares of Moderna Inc shed 6.74% to end the session at 193.29. Quotes of CarMax Inc decreased in price by 6.04% to 61.44.

Leading gainers among the components of the NASDAQ Composite in today's trading were Cosmos Holdings Inc, which rose 178.91% to hit 23.01, Nanthealth LLC, which gained 98.95% to close at 5.70, and shares of Trean Insurance Group Inc, which rose 91.51% to end the session at 5.97.

Shares of Synaptogenix Inc became the least gainers, which decreased in price by 74.63%, closing at 1.20. Shares of Agrify Corp lost 69.87% and ended the session at 0.25. Quotes of Axcella Health Inc decreased in price by 63.08% to 0.16.

On the New York Stock Exchange, the number of securities that fell in price (2161) exceeded the number of those that closed in positive territory (893), and quotes of 105 shares remained virtually unchanged. On the NASDAQ stock exchange, 2,231 companies fell in price, 1,478 rose, and 188 remained at the level of the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, fell 0.92% to 22.62.

Gold futures for February delivery added 0.84%, or 15.05, to $1.00 a troy ounce. In other commodities, WTI futures for January delivery fell 2.34%, or 1.78, to $74.33 a barrel. Futures for Brent crude for February delivery fell 2.64%, or 2.14, to $79.07 a barrel.

Meanwhile, in the forex market, the EUR/USD pair remained unchanged 0.37% to 1.06, while USD/JPY fell 0.78% to hit 136.68.

Futures on the USD index rose by 0.23% to 104.44.