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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.21%

Published 22/05/2018, 06:25 am
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.21%
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Investing.com – U.S. equities were higher at the close on Monday, as gains in the Telecoms, Industrials and Oil & Gas sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.21% to hit a new 1-month high, while the S&P 500 index climbed 0.74%, and the NASDAQ Composite index added 0.54%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 3.61% or 12.69 points to trade at 363.92 at the close. United Technologies Corporation (NYSE:UTX) added 2.28% or 2.86 points to end at 128.05 and Caterpillar Inc (NYSE:CAT) was up 2.06% or 3.21 points to 158.92 in late trade.

Biggest losers included Merck & Company Inc (NYSE:MRK), which lost 0.96% or 0.57 points to trade at 58.57 in late trade. Johnson & Johnson (NYSE:JNJ) declined 0.42% or 0.52 points to end at 123.72 and Nike Inc (NYSE:NKE) gained 0.08% or 0.06 points to 71.38.

The top performers on the S&P 500 were Chesapeake Energy Corporation (NYSE:CHK) which rose 13.55% to 4.610, Range Resources Corporation (NYSE:RRC) which was up 6.00% to settle at 16.08 and Kimco Realty Corporation (NYSE:KIM) which gained 4.20% to close at 14.64.

The worst performers were Fifth Third Bancorp (NASDAQ:FITB) which was down 7.93% to 30.90 in late trade, Celgene Corporation (NASDAQ:CELG) which lost 4.70% to settle at 74.69 and Symantec Corporation (NASDAQ:SYMC) which was down 2.70% to 21.59 at the close.

The top performers on the NASDAQ Composite were SenesTech Inc (NASDAQ:SNES) which rose 296.07% to 1.25, Alliance MMA Inc (NASDAQ:AMMA) which was up 65.63% to settle at 0.62 and Adomani Inc (NASDAQ:ADOM) which gained 51.79% to close at 1.70.

The worst performers were MabVax Therapeutics Holdings Inc (NASDAQ:MBVX) which was down 23.16% to 1.360 in late trade, Sesen Bio Inc (NASDAQ:SESN) which lost 23.00% to settle at 2.3100 and Carver Bancorp Inc (NASDAQ:CARV) which was down 18.51% to 6.780 at the close.

Advancing stocks outnumbered falling ones by 2149 to 932 and 112 ended unchanged; on the Nasdaq Stock Exchange, 1498 rose and 1068 declined, while 104 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.38% to 13.10.

In commodities trading, Gold Futures for June delivery was up 0.08% or 1.00 to $1292.30 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.67% or 1.19 to hit $72.56 a barrel, while the July Brent oil contract rose 1.18% or 0.93 to trade at $79.44 a barrel.

EUR/USD was up 0.16% to 1.1790, while USD/JPY rose 0.23% to 111.02.

The US Dollar Index Futures was down 0.14% at 93.45.

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