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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.85%

Published 27/01/2018, 08:25 am
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.85%
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Investing.com – U.S. equities were higher at the close on Friday, as gains in the Healthcare, Technology and Industrials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.85% to hit a new all time high, while the S&P 500 index added 1.18%, and the NASDAQ Composite index gained 1.28%.

The biggest gainers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 10.55% or 4.78 points to trade at 50.08 at the close. Pfizer Inc (NYSE:PFE) added 4.78% or 1.78 points to end at 39.01 and 3M Company (NYSE:MMM) was up 2.48% or 6.27 points to 258.63 in late trade.

Biggest losers included Caterpillar Inc (NYSE:CAT), which lost 1.36% or 2.31 points to trade at 167.06 in late trade. Procter & Gamble Company (NYSE:PG) declined 0.69% or 0.61 points to end at 87.73 and Goldman Sachs Group Inc (NYSE:GS) shed 0.33% or 0.89 points to 268.14.

The top performers on the S&P 500 were AbbVie Inc (NYSE:ABBV) which rose 13.77% to 123.210, Intel Corporation (NASDAQ:INTC) which was up 10.55% to settle at 50.08 and Arthur J Gallagher & Co (NYSE:AJG) which gained 7.37% to close at 70.49.

The worst performers were Wynn Resorts Limited (NASDAQ:WYNN) which was down 10.12% to 180.29 in late trade, Colgate-Palmolive Company (NYSE:CL) which lost 4.85% to settle at 73.56 and Regeneron Pharmaceuticals Inc (NASDAQ:REGN) which was down 4.46% to 374.36 at the close.

The top performers on the NASDAQ Composite were Oasmia Pharmaceutical AB (NASDAQ:OASM) which rose 40.00% to 1.750, Biostar Pharmaceuticals Inc (NASDAQ:BSPM) which was up 34.41% to settle at 3.3200 and Atossa Genetics Inc (NASDAQ:ATOS) which gained 29.19% to close at 0.4200.

The worst performers were Biocept Inc (NASDAQ:BIOC) which was down 27.22% to 0.353 in late trade, MannKind Corp (NASDAQ:MNKD) which lost 26.58% to settle at 2.790 and Wecast Network Inc (NASDAQ:SSC) which was down 15.01% to 3.510 at the close.

Advancing stocks outnumbered falling ones by 1725 to 1386 and 109 ended unchanged; on the Nasdaq Stock Exchange, 1478 rose and 1037 declined, while 147 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.06% to 11.11.

In commodities trading, Gold Futures for February delivery was down 0.95% or 13.00 to $1349.90 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.08% or 0.71 to hit $66.22 a barrel, while the March Brent oil contract rose 0.11% or 0.08 to trade at $70.50 a barrel.

EUR/USD was up 0.22% to 1.2424, while USD/JPY fell 0.67% to 108.68.

The US Dollar Index Futures was down 0.31% at 88.91.

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