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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.23%

Published 18/03/2022, 07:25 am
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.23%
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Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Oil & Gas, Basic Materials and Healthcare sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.23%, while the S&P 500 index climbed 1.23%, and the NASDAQ Composite index climbed 1.33%.

The biggest gainers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW), which rose 5.38% or 3.21 points to trade at 62.85 at the close. American Express Company (NYSE:AXP) added 3.53% or 6.37 points to end at 186.98 and Caterpillar Inc (NYSE:CAT) was up 2.58% or 5.58 points to 221.66 in late trade.

Biggest losers included McDonald’s Corporation (NYSE:MCD), which lost 0.28% or 0.67 points to trade at 237.47 in late trade. Verizon Communications Inc (NYSE:VZ) declined 0.25% or 0.13 points to end at 52.36 and Walmart Inc (NYSE:WMT) gained 0.08% or 0.12 points to 144.91.

The top performers on the S&P 500 were Devon Energy Corporation (NYSE:DVN) which rose 9.65% to 57.52, Occidental Petroleum Corporation (NYSE:OXY) which was up 9.45% to settle at 58.00 and APA Corporation (NASDAQ:APA) which gained 7.00% to close at 39.43.

The worst performers were SolarEdge Technologies Inc (NASDAQ:SEDG) which was down 5.85% to 314.60 in late trade, HP Inc (NYSE:HPQ) which lost 3.71% to settle at 34.48 and Advanced Micro Devices Inc (NASDAQ:AMD) which was down 3.19% to 111.69 at the close.

The top performers on the NASDAQ Composite were Kidpik Corp (NASDAQ:PIK) which rose 158.15% to 4.75, Cuentas Inc (NASDAQ:CUEN) which was up 54.55% to settle at 1.70 and Marrone Bio Innovations Inc (NASDAQ:MBII) which gained 49.70% to close at 1.05.

The worst performers were MDJM Ltd (NASDAQ:MDJH) which was down 25.36% to 2.06 in late trade, Akanda Corp (NASDAQ:AKAN) which lost 19.26% to settle at 8.89 and Apptech Corp (NASDAQ:APCX) which was down 16.00% to 1.05 at the close.

Advancing stocks outnumbered falling ones by 2544 to 665 and 81 ended unchanged; on the Nasdaq Stock Exchange, 2910 rose and 947 declined, while 128 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.75% to 25.67.

In commodities trading, Gold Futures for April delivery was up 1.51% or 28.80 to $1,938.00 a troy ounce. Meanwhile, Crude oil for delivery in April rose 8.64% or 8.21 to hit $103.25 a barrel, while the May Brent oil contract rose 8.81% or 8.64 to trade at $106.66 a barrel.

EUR/USD was up 0.57% to 1.11, while USD/JPY fell 0.05% to 118.67.

The US Dollar Index Futures was down 0.61% at 98.01.

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