U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.26%

Investing.com – U.S. stocks were mixed after the close on Tuesday, as gains in the Technology, Oil & Gas and Healthcare sectors led shares higher while losses in the Utilities, Financials and Telecoms sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.26% to hit a new 52-week low, while the S&P 500 index climbed 0.25%, and the NASDAQ Composite index gained 0.98%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 2.18% or 0.94 points to trade at 44.01 at the close. Meanwhile, Salesforce.com Inc (NYSE:CRM) added 2.17% or 3.55 points to end at 167.15 and Microsoft Corporation (NASDAQ:MSFT) was up 1.86% or 4.92 points to 269.50 in late trade.

The worst performers of the session were International Business Machines (NYSE:IBM), which fell 3.95% or 5.31 points to trade at 129.13 at the close. JPMorgan Chase & Co (NYSE:JPM) declined 2.44% or 2.97 points to end at 118.89 and 3M Company (NYSE:MMM) was down 2.14% or 3.26 points to 149.12.

The top performers on the S&P 500 were Fortinet Inc (NASDAQ:FTNT) which rose 6.76% to 261.79, Sysco Corporation (NYSE:SYY) which was up 6.13% to settle at 86.05 and Microchip Technology Inc (NASDAQ:MCHP) which gained 6.13% to close at 68.25.

The worst performers were Dentsply Sirona Inc (NASDAQ:XRAY) which was down 7.31% to 36.38 in late trade, Newell Brands Inc (NASDAQ:NWL) which lost 6.76% to settle at 22.62 and Altria Group (NYSE:MO) which was down 6.68% to 51.57 at the close.

The top performers on the NASDAQ Composite were Baosheng Media Group Holdings Ltd (NASDAQ:BAOS) which rose 42.28% to 0.74, Appian Corp (NASDAQ:APPN) which was up 38.59% to settle at 59.62 and Vroom (NASDAQ:VRM) which gained 32.41% to close at 1.43.

The worst performers were Embark Technology Inc (NASDAQ:EMBK) which was down 59.03% to 1.43 in late trade, Upstart Holdings Inc (NASDAQ:UPST) which lost 56.42% to settle at 33.61 and Cipher Mining Inc (NASDAQ:CIFR) which was down 46.75% to 1.72 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1876 to 1336 and 101 ended unchanged; on the Nasdaq Stock Exchange, 2237 fell and 1700 advanced, while 160 ended unchanged.

Shares in Dentsply Sirona Inc (NASDAQ:XRAY) fell to 52-week lows; falling 7.31% or 2.87 to 36.38. Shares in JPMorgan Chase & Co (NYSE:JPM) fell to 52-week lows; losing 2.44% or 2.97 to 118.89. Shares in Embark Technology Inc (NASDAQ:EMBK) fell to all time lows; losing 59.03% or 2.06 to 1.43. Shares in Upstart Holdings Inc (NASDAQ:UPST) fell to 52-week lows; falling 56.42% or 43.52 to 33.61. Shares in Cipher Mining Inc (NASDAQ:CIFR) fell to all time lows; losing 46.75% or 1.51 to 1.72.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.06% to 32.99.

Gold Futures for June delivery was down 1.04% or 19.32 to $1,839.28 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 2.92% or 3.01 to hit $100.08 a barrel, while the July Brent oil contract fell 3.03% or 3.21 to trade at $102.73 a barrel.

EUR/USD was unchanged 0.23% to 1.05, while USD/JPY rose 0.12% to 130.40.

The US Dollar Index Futures was up 0.23% at 103.93.