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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.27%

Published 02/04/2019, 08:25 am
© Reuters. U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.27%
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Investing.com – U.S. equities were higher at the close on Monday, as gains in the Industrials, Financials and Basic Materials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.27% to hit a new 3-month high, while the S&P 500 index added 1.16%, and the NASDAQ Composite index added 1.29%.

The biggest gainers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 3.51% or 4.76 points to trade at 140.25 at the close. JPMorgan Chase & Co (NYSE:JPM) added 3.37% or 3.41 points to end at 104.64 and United Technologies Corporation (NYSE:UTX) was up 3.34% or 4.30 points to 133.19 in late trade.

Biggest losers included McDonald’s Corporation (NYSE:MCD), which lost 0.80% or 1.51 points to trade at 188.39 in late trade. UnitedHealth Group Incorporated (NYSE:UNH) declined 0.70% or 1.72 points to end at 245.54 and Johnson & Johnson (NYSE:JNJ) shed 0.58% or 0.81 points to 138.98.

The top performers on the S&P 500 were Wynn Resorts Limited (NASDAQ:WYNN) which rose 8.40% to 129.34, IPG Photonics Corporation (NASDAQ:IPGP) which was up 6.79% to settle at 162.09 and BorgWarner Inc (NYSE:BWA) which gained 5.49% to close at 40.52.

The worst performers were Monster Beverage Corp (NASDAQ:MNST) which was down 2.38% to 53.28 in late trade, Kellogg Company (NYSE:K) which lost 2.37% to settle at 56.02 and American Tower Corp (NYSE:AMT) which was down 2.31% to 192.51 at the close.

The top performers on the NASDAQ Composite were Pulmatrix Inc (NASDAQ:PULM) which rose 81.89% to 2.310, CM Seven Star Acquisition Corp (NASDAQ:CMSS) which was up 41.45% to settle at 10.34 and AVEO Pharmaceuticals Inc (NASDAQ:AVEO) which gained 35.35% to close at 1.1100.

The worst performers were Comscore Inc (NASDAQ:SCOR) which was down 29.68% to 14.24 in late trade, Adomani Inc (NASDAQ:ADOM) which lost 16.27% to settle at 0.32 and Sears Hometown and Outlet Stores (NASDAQ:SHOS) which was down 13.18% to 1.91 at the close.

Advancing stocks outnumbered falling ones by 2262 to 761 and 75 ended unchanged; on the Nasdaq Stock Exchange, 1764 rose and 875 declined, while 82 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.26% to 13.40.

In commodities trading, Gold Futures for June delivery was down 0.49% or 6.30 to $1292.20 a troy ounce. Meanwhile, Crude oil for delivery in May rose 2.71% or 1.63 to hit $61.77 a barrel, while the June Brent oil contract unchanged 0.00% or 0.00 to trade at $69.19 a barrel.

EUR/USD was down 0.10% to 1.1200, while USD/JPY rose 0.03% to 111.37.

The US Dollar Index Futures was down 0.03% at 96.817.

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