At closing bell on the New York Stock Exchange, the Dow Jones fell 2.25 percent to a one-month low, the S&P 500 index shed 2.49 percent and the NASDAQ Composite fell 3.23 percent.
The leaders among Dow Jones index components in Thursday trading were shares of Verizon Communications Inc. which gained 0.32p (0.85%) to close at 37.77. Chevron Corp dropped 1.29p (0.75%) to close at 171.04. Walmart Inc shares shed 1.31p (0.89%) to close at 145.36.
International Business Machines were the least gainers, with shares falling 7.50p (5.00%) to close the session at 142.36. Shares of Apple Inc soared 6.71p (4.69%) to 136.50, while Intel Corporation dropped 1.11p (3.93%) to 27.15.
The gainers among S&P 500 index components in today's trading were Lennar Corporation shares, which gained 3.82% to 94.29, DR Horton Inc. which gained 3.49% to close at 90.45 and Align Technology Inc. which gained 3.15% to close the session at 201.97.
Western Digital Corporation shares were the least gainers, dropping 10.10% to close at 32.21. Shares of Nucor Corp lost 9.35% and closed the session at 134.10. Warner Bros Discovery Inc. dropped 8.93 percent to 10.00.
The top gainers among NASDAQ Composite index components in today's trading were Core Scientific Inc, which gained 72.00% to 0.43, Imv Inc, which gained 66.55% to close at 3.64, and Scopus Biopharma Inc, which gained 44.85% to close the session at 0.34.
Third Harmonic Bio Inc shares were the least gainers, down 78.28% to close at 4.30. Shares of Axcella Health Inc lost 50.78% and closed the session at 0.44. Novavax Inc's stock declined 34.30% to 11.32.
On NYSE, 2,473 shares declined more than the gain of 595, while 113 remained almost flat. On NASDAQ, 2,775 stocks declined, while 961 gained and 197 remained flat.
The CBOE Volatility Index, which is based on S&P 500 options trading, rose 7.99% to 22.83.
Gold futures for February delivery lost 1.75% or 31.80 to hit $1.00 a troy ounce. In other commodities, WTI crude for January delivery fell 1.37%, or 1.06, to $76.22 a barrel. Futures for Brent crude for February delivery fell 1.58%, or 1.31, to $81.39 a barrel.
Meanwhile, in the Forex market, EUR/USD fell 0.53% to hit 1.06, while USD/JPY edged up 1.74% to hit 137.82.
Futures on the USD index rose 0.79% to 104.23.
