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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.96%

Published 05/04/2018, 06:25 am
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.96%
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Investing.com – U.S. equities were higher at the close on Wednesday, as gains in the Consumer Goods, Consumer Services and Technology sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.96%, while the S&P 500 index climbed 1.16%, and the NASDAQ Composite index gained 1.45%.

The biggest gainers of the session on the Dow Jones Industrial Average were Microsoft Corporation (NASDAQ:MSFT), which rose 2.92% or 2.62 points to trade at 92.33 at the close. International Business Machines (NYSE:IBM) added 2.86% or 4.29 points to end at 154.14 and Nike Inc (NYSE:NKE) was up 2.55% or 1.70 points to 68.40 in late trade.

Biggest losers included Boeing Co (NYSE:BA), which lost 1.06% or 3.52 points to trade at 327.30 in late trade. Chevron Corporation (NYSE:CVX) declined 0.29% or 0.33 points to end at 114.50 and Exxon Mobil Corporation (NYSE:XOM) shed 0.17% or 0.13 points to 74.89.

The top performers on the S&P 500 were Lennar Corporation (NYSE:LEN) which rose 10.21% to 62.92, Lennar Corp B (NYSE:LENb) which was up 9.76% to settle at 50.72 and Under Armour Inc A (NYSE:UAA) which gained 6.42% to close at 17.90.

The worst performers were Acuity Brands Inc (NYSE:AYI) which was down 3.93% to 129.48 in late trade, IPG Photonics Corporation (NASDAQ:IPGP) which lost 3.26% to settle at 224.20 and Deere & Company (NYSE:DE) which was down 2.96% to 148.51 at the close.

The top performers on the NASDAQ Composite were Tenax Therapeutics Inc (NASDAQ:TENX) which rose 47.56% to 7.850, Inpixon (NASDAQ:INPX) which was up 40.00% to settle at 1.0500 and Global Eagle Entertainment Inc (NASDAQ:ENT) which gained 27.52% to close at 1.390.

The worst performers were Sellas Life Sciences Group Inc (NASDAQ:SLS) which was down 25.31% to 6.7000 in late trade, Innovate Biopharmaceuticals Inc (NASDAQ:INNT) which lost 23.57% to settle at 35.16 and RMG Networks Holding Corp (NASDAQ:RMGN) which was down 17.93% to 1.1900 at the close.

Advancing stocks outnumbered falling ones by 2083 to 1048 and 34 ended unchanged; on the Nasdaq Stock Exchange, 1928 rose and 610 declined, while 113 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.98% to 20.26.

In commodities trading, Gold Futures for June delivery was down 0.03% or 0.40 to $1336.90 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.06% or 0.04 to hit $63.55 a barrel, while the June Brent oil contract rose 0.15% or 0.10 to trade at $68.22 a barrel.

EUR/USD was up 0.05% to 1.2277, while USD/JPY rose 0.22% to 106.84.

The US Dollar Index Futures was down 0.06% at 89.80.

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