At the close of the New York Stock Exchange, the Dow Jones was down 1.56%, the S&P 500 was down 2.01% and the NASDAQ Composite was down 2.98%.

Chevron Corp was the top performer among the components of the Dow Jones index today, up 2.37 points or 1.61% to close at 149.94. Quotes Dow Inc rose by 0.31 points (0.59%), ending trading at 52.53. UnitedHealth Group Incorporated rose 2.78 points or 0.55% to close at 508.44.

The biggest losers were Nike Inc, which lost 7.72 points or 6.99% to end the session at 102.78. Salesforce.com Inc. shares rose 9.85 points (5.43%) to close at 171.46, while Home Depot Inc shed 12.54 points (4.44%) to close at 270.15.

Leading gainers among the components of the S&P 500 index today were Hess Corporation, which rose 5.57% to 112.92, Occidental Petroleum Corporation, which gained 4.77% to close at 61.71, and shares of Marathon Oil Corporation, which rose 4.37% to close the session at 24.13.

Etsy Inc was the biggest loser, shedding 8.20% to close at 74.04. Shares of Enphase Energy Inc shed 7.53% to end the session at 190.65.

Agile Thrpe, which rose 89.76% to 2.41, Endo International PLC, which gained 85.33% to close at 0.71, and shares of HTG Molecular Diagnostics Inc, which rose 52.17% to end the session at 0.84.

The biggest losers were Cognyte Software Ltd, which shed 28.66% to close at 4.58. Shares of Phoenix Motor Inc lost 25.26% to end the session at 5.00. Quotes of Wavedancer Inc decreased in price by 24.86% to 1.30.

On the New York Stock Exchange, the number of depreciated securities (2,185) exceeded the number of those that closed in positive territory (967), while quotes of 130 shares remained virtually unchanged. On the NASDAQ stock exchange, 2,785 companies fell in price, 1,024 rose, and 206 remained at the level of the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, rose 5.23% to 28.36.

Gold futures for August delivery lost 0.19%, or 3.50, to hit $1.00 a troy ounce. In other commodities, WTI crude for August delivery rose 1.94%, or 2.13, to $111.70 a barrel. Brent oil futures for September delivery rose 2.50%, or 2.77, to $113.75 a barrel.

Meanwhile, in the Forex market, EUR/USD fell 0.59% to hit 1.05, while USD/JPY edged up 0.58% to hit 136.21.

Futures on the USD index rose 0.58% to 104.28.