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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.27%

Published 31/12/2020, 07:25 am
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.27%
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Investing.com – U.S. equities were higher at the close on Wednesday, as gains in the Oil & Gas, Basic Materials and Consumer Goods sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.27% to hit a new all time high, while the S&P 500 index added 0.12%, and the NASDAQ Composite index added 0.13%.

The biggest gainers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE:DIS), which rose 2.52% or 4.46 points to trade at 181.76 at the close. Visa Inc Class A (NYSE:V) added 2.14% or 4.59 points to end at 218.96 and Dow Inc (NYSE:DOW) was up 2.15% or 1.17 points to 55.50 in late trade.

Biggest losers included Intel Corporation (NASDAQ:INTC), which lost 1.46% or 0.72 points to trade at 48.67 in late trade. Microsoft Corporation (NASDAQ:MSFT) declined 1.06% or 2.38 points to end at 221.77 and Verizon Communications Inc (NYSE:VZ) shed 1.03% or 0.60 points to 58.20.

The top performers on the S&P 500 were Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which rose 7.15% to 26.51, Devon Energy Corporation (NYSE:DVN) which was up 5.36% to settle at 16.13 and Diamondback Energy Inc (NASDAQ:FANG) which gained 4.91% to close at 49.31.

The worst performers were The AES Corporation (NYSE:AES) which was down 2.27% to 22.78 in late trade, H&R Block Inc (NYSE:HRB) which lost 1.92% to settle at 15.36 and Akamai Technologies Inc (NASDAQ:AKAM) which was down 1.92% to 104.66 at the close.

The top performers on the NASDAQ Composite were Professional Diversity Network Inc (NASDAQ:IPDN) which rose 110.22% to 2.8800, Bionano Genomics Inc (NASDAQ:BNGO) which was up 62.78% to settle at 2.165 and SGOCO Group Ltd (NASDAQ:SGOC) which gained 76.86% to close at 1.8300.

The worst performers were China Finance Online Co Limited (NASDAQ:JRJC) which was down 23.01% to 8.46 in late trade, BOS Better Online Solutions (NASDAQ:BOSC) which lost 20.91% to settle at 2.270 and Osmotica Pharmaceuticals PLC (NASDAQ:OSMT) which was down 20.60% to 4.20 at the close.

Advancing stocks outnumbered falling ones by 2090 to 985 and 93 ended unchanged; on the Nasdaq Stock Exchange, 2060 rose and 950 declined, while 55 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.13% to 23.05.

In commodities trading, Gold Futures for February delivery was up 0.67% or 12.60 to $1895.50 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.62% or 0.30 to hit $48.30 a barrel, while the March Brent oil contract rose 0.57% or 0.29 to trade at $51.52 a barrel.

EUR/USD was up 0.38% to 1.2293, while USD/JPY fell 0.31% to 103.23.

The US Dollar Index Futures was down 0.34% at 89.612.

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