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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.16%

Published 03/01/2020, 09:25 am
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.16%
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Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Technology, Industrials and Consumer Services sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.16% to hit a new all time high, while the S&P 500 index gained 0.84%, and the NASDAQ Composite index climbed 1.33%.

The biggest gainers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE:DIS), which rose 2.47% or 3.57 points to trade at 148.20 at the close. Boeing Co (NYSE:BA) added 2.32% or 7.56 points to end at 333.32 and Apple Inc (NASDAQ:AAPL) was up 2.28% or 6.70 points to 300.35 in late trade.

Biggest losers included Dow Inc (NYSE:DOW), which lost 1.79% or 0.98 points to trade at 53.75 in late trade. Procter & Gamble Company (NYSE:PG) declined 1.19% or 1.49 points to end at 123.41 and Coca-Cola Company (NYSE:KO) shed 0.65% or 0.36 points to 54.99.

The top performers on the S&P 500 were Advanced Micro Devices Inc (NASDAQ:AMD) which rose 7.07% to 49.10, General Electric Company (NYSE:GE) which was up 6.90% to settle at 11.93 and Western Digital Corporation (NASDAQ:WDC) which gained 4.21% to close at 65.62.

The worst performers were Kimco Realty Corporation (NYSE:KIM) which was down 5.36% to 19.60 in late trade, Iron Mountain Incorporated (NYSE:IRM) which lost 4.58% to settle at 30.41 and Macerich Company (NYSE:MAC) which was down 3.68% to 25.93 at the close.

The top performers on the NASDAQ Composite were Inpixon (NASDAQ:INPX) which rose 201.83% to 0.3290, Synthesis Energy Systems Inc (NASDAQ:SES) which was up 100.00% to settle at 11.4000 and Pulmatrix Inc (NASDAQ:PULM) which gained 88.37% to close at 1.620.

The worst performers were Durect Corporation (NASDAQ:DRRX) which was down 31.18% to 2.615 in late trade, Neovasc Inc (NASDAQ:NVCN) which lost 28.28% to settle at 3.880 and Kaixin Auto Holdings (NASDAQ:KXIN) which was down 27.81% to 1.35 at the close.

Advancing stocks outnumbered falling ones by 1687 to 1159 and 77 ended unchanged; on the Nasdaq Stock Exchange, 1470 rose and 1185 declined, while 72 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.51% to 12.47.

In commodities trading, Gold Futures for February delivery was up 0.56% or 8.55 to $1531.65 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.18% or 0.11 to hit $61.17 a barrel, while the March Brent oil contract rose 0.11% or 0.07 to trade at $66.33 a barrel.

EUR/USD was up 0.01% to 1.1171, while USD/JPY fell 0.02% to 108.55.

The US Dollar Index Futures was up 0.45% at 96.488.

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