Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.09%

Stock MarketsOct 16, 2021 07:25
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.09%

Investing.com – U.S. equities were higher at the close on Friday, as gains in the Financials, Consumer Services and Industrials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.09% to hit a new 1-month high, while the S&P 500 index gained 0.75%, and the NASDAQ Composite index added 0.50%.

The biggest gainers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 3.80% or 14.87 points to trade at 406.07 at the close. Visa Inc Class A (NYSE:V) added 2.58% or 5.81 points to end at 230.99 and American Express Company (NYSE:AXP) was up 2.51% or 4.30 points to 175.81 in late trade.

Biggest losers included Walgreens Boots Alliance Inc (NASDAQ:WBA), which lost 3.64% or 1.85 points to trade at 48.92 in late trade. McDonald’s Corporation (NYSE:MCD) declined 0.94% or 2.30 points to end at 242.25 and Cisco Systems Inc (NASDAQ:CSCO) shed 0.72% or 0.40 points to 55.25.

The top performers on the S&P 500 were JB Hunt Transport Services Inc (NASDAQ:JBHT) which rose 8.74% to 190.55, Wells Fargo & Company (NYSE:WFC) which was up 6.78% to settle at 48.38 and Halliburton Company (NYSE:HAL) which gained 4.88% to close at 26.01.

The worst performers were WestRock Co (NYSE:WRK) which was down 5.58% to 46.57 in late trade, International Paper (NYSE:IP) which lost 4.53% to settle at 53.28 and Packaging Corp of America (NYSE:PKG) which was down 3.88% to 133.71 at the close.

The top performers on the NASDAQ Composite were LM Funding America Inc (NASDAQ:LMFA) which rose 38.08% to 4.750, Waitr Holdings Inc (NASDAQ:WTRH) which was up 37.86% to settle at 1.4200 and Jasper Therapeutics Inc (NASDAQ:JSPR) which gained 31.57% to close at 16.420.

The worst performers were Duck Creek Technologies Inc (NASDAQ:DCT) which was down 24.42% to 34.94 in late trade, Very Good Food Company Inc (NASDAQ:VGFC) which lost 21.40% to settle at 1.80 and Aerovate Therapeutics Inc (NASDAQ:AVTE) which was down 18.65% to 14.13 at the close.

Declining stocks outnumbered rising ones by 1631 to 1574 and 130 ended unchanged; on the Nasdaq Stock Exchange, 2095 fell and 1499 advanced, while 171 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.32% to 16.30 a new 1-month low.

In commodities trading, Gold Futures for December delivery was down 1.66% or 29.85 to $1768.05 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.23% or 1.00 to hit $82.31 a barrel, while the December Brent oil contract rose 0.89% or 0.75 to trade at $84.75 a barrel.

EUR/USD was up 0.08% to 1.1603, while USD/JPY rose 0.53% to 114.26.

The US Dollar Index Futures was down 0.01% at 93.948.

U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.09%
 

Related Articles

Kroger Earnings, Revenue Beat in Q3
Kroger Earnings, Revenue Beat in Q3 By Investing.com - Dec 03, 2021

Investing.com - Kroger (NYSE:KR) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. Kroger announced earnings per...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email