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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.31%

Published 10/07/2018, 06:25 am
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.31%
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Investing.com – U.S. equities were higher at the close on Monday, as gains in the Financials, Industrials and Oil & Gas sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.31%, while the S&P 500 index gained 0.88%, and the NASDAQ Composite index gained 0.88%.

The biggest gainers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 4.11% or 5.56 points to trade at 140.97 at the close. JPMorgan Chase & Co (NYSE:JPM) added 3.09% or 3.22 points to end at 107.28 and Goldman Sachs Group Inc (NYSE:GS) was up 2.80% or 6.20 points to 227.99 in late trade.

Biggest losers included Procter & Gamble Company (NYSE:PG), which lost 1.83% or 1.45 points to trade at 77.86 in late trade. Coca-Cola Company (NYSE:KO) declined 0.54% or 0.24 points to end at 44.40 and Merck & Company Inc (NYSE:MRK) shed 0.29% or 0.18 points to 62.02.

The top performers on the S&P 500 were Noble Energy Inc (NYSE:NBL) which rose 4.57% to 36.82, Caterpillar Inc (NYSE:CAT) which was up 4.11% to settle at 140.97 and MetLife Inc (NYSE:MET) which gained 3.98% to close at 45.47.

The worst performers were PPL Corporation (NYSE:PPL) which was down 5.01% to 28.09 in late trade, FirstEnergy Corporation (NYSE:FE) which lost 3.94% to settle at 35.32 and Pinnacle West Capital Corp (NYSE:PNW) which was down 3.94% to 79.48 at the close.

The top performers on the NASDAQ Composite were Staffing 360 Solutions Inc (NASDAQ:STAF) which rose 301.46% to 5.500, MabVax Therapeutics Holdings Inc (NASDAQ:MBVX) which was up 147.46% to settle at 1.460 and Benitec Biopharma Ltd ADR (NASDAQ:BNTC) which gained 49.55% to close at 3.3500.

The worst performers were Adesto Technologies Corp (NASDAQ:IOTS) which was down 24.71% to 6.40 in late trade, Real Goods Solar Inc (NASDAQ:RGSE) which lost 17.76% to settle at 0.3310 and Biocept Inc (NASDAQ:BIOC) which was down 15.64% to 0.151 at the close.

Advancing stocks outnumbered falling ones by 1903 to 1164 and 121 ended unchanged; on the Nasdaq Stock Exchange, 1551 rose and 1012 declined, while 120 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.01% to 12.70.

In commodities trading, Gold Futures for August delivery was up 0.22% or 2.70 to $1258.50 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.30% or 0.22 to hit $74.02 a barrel, while the September Brent oil contract rose 1.48% or 1.14 to trade at $78.25 a barrel.

EUR/USD was up 0.04% to 1.1750, while USD/JPY rose 0.32% to 110.82.

The US Dollar Index Futures was up 0.05% at 93.81.

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