Is it possible to have a successful ecommerce strategy without an Amazon pact?

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

At the close in NYSE, the Dow Jones Industrial Average fell 1.69% to hit a new 1-month low, while the S&P 500 index lost 1.70%, and the NASDAQ Composite index declined 2.20%.

The best performers of the session on the Dow Jones Industrial Average were Merck & Company Inc (NYSE:MRK), which rose 2.08% or 1.82 points to trade at 89.50 at the close. Meanwhile, Coca-Cola Co (NYSE:KO) added 1.87% or 1.31 points to end at 71.35 and Procter & Gamble Company (NYSE:PG) was up 1.81% or 3.02 points to 170.23 in late trade.

The worst performers of the session were Unitedhealth Group (NYSE:UNH), which fell 7.17% or 36.00 points to trade at 466.42 at the close. NVIDIA Corporation (NASDAQ:NVDA) declined 4.08% or 5.72 points to end at 134.43 and Amazon.com Inc (NASDAQ:AMZN) was down 2.83% or 6.30 points to 216.58.

The top performers on the S&P 500 were Moderna Inc (NASDAQ:MRNA) which rose 5.34% to 35.53, Kenvue Inc (NYSE:KVUE) which was up 4.15% to settle at 23.32 and Hershey Co (NYSE:HSY) which gained 4.07% to close at 172.86.

The worst performers were Akamai Technologies Inc (NASDAQ:AKAM) which was down 21.73% to 76.73 in late trade, GE Vernova LLC (NYSE:GEV) which lost 8.84% to settle at 327.88 and Old Dominion Freight Line Inc (NASDAQ:ODFL) which was down 8.54% to 180.40 at the close.

The top performers on the NASDAQ Composite were Saverone 2014 Ltd ADR (NASDAQ:SVRE) which rose 1,184.78% to 4.11, MicroAlgo Inc (NASDAQ:MLGO) which was up 453.04% to settle at 6.36 and Boxlight Corp Class A (NASDAQ:BOXL) which gained 51.22% to close at 3.10.

The worst performers were PowerUp Acquisition Corp (NASDAQ:ASBP) which was down 59.37% to 2.56 in late trade, Mobilehealth Network Solutions (NASDAQ:MNDR) which lost 46.28% to settle at 0.50 and Bluebird bio Inc (NASDAQ:BLUE) which was down 42.05% to 4.08 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2134 to 649 and 69 ended unchanged; on the Nasdaq Stock Exchange, 2563 fell and 738 advanced, while 113 ended unchanged.

Shares in Akamai Technologies Inc (NASDAQ:AKAM) fell to 52-week lows; falling 21.73% or 21.30 to 76.73. Shares in PowerUp Acquisition Corp (NASDAQ:ASBP) fell to all time lows; losing 59.37% or 3.74 to 2.56. Shares in Bluebird bio Inc (NASDAQ:BLUE) fell to all time lows; falling 42.05% or 2.96 to 4.08.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 16.28% to 18.21.

Gold Futures for April delivery was down 0.19% or 5.74 to $2,950.36 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 3.12% or 2.26 to hit $70.22 a barrel, while the April Brent oil contract fell 2.94% or 2.25 to trade at $74.23 a barrel.

EUR/USD was unchanged 0.39% to 1.05, while USD/JPY fell 0.36% to 149.16.

The US Dollar Index Futures was up 0.26% at 106.55.