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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.47%

Published 14/05/2022, 06:25 am
© Reuters U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.47%
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Investing.com – U.S. equities were higher at the close on Friday, as gains in the Technology, Oil & Gas and Consumer Services sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.47%, while the S&P 500 index added 2.39%, and the NASDAQ Composite index gained 3.82%.

The biggest gainers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 4.74% or 5.11 points to trade at 113.01 at the close. Salesforce.com Inc (NYSE:CRM) added 4.05% or 6.49 points to end at 166.91 and American Express Company (NYSE:AXP) was up 3.58% or 5.48 points to 158.75 in late trade.

Biggest losers included Johnson & Johnson (NYSE:JNJ), which lost 0.57% or 1.02 points to trade at 176.85 in late trade. Amgen Inc (NASDAQ:AMGN) declined 0.54% or 1.32 points to end at 243.40 and Merck & Company Inc (NYSE:MRK) shed 0.46% or 0.42 points to 90.41.

The top performers on the S&P 500 were Las Vegas Sands Corp (NYSE:LVS) which rose 15.06% to 34.68, Wynn Resorts Limited (NASDAQ:WYNN) which was up 13.17% to settle at 66.27 and Enphase Energy Inc (NASDAQ:ENPH) which gained 11.96% to close at 157.79.

The worst performers were Twitter Inc (NYSE:TWTR) which was down 9.67% to 40.72 in late trade, DaVita HealthCare Partners Inc (NYSE:DVA) which lost 2.91% to settle at 100.05 and WestRock Co (NYSE:WRK) which was down 2.63% to 46.21 at the close.

The top performers on the NASDAQ Composite were ShiftPixy Inc (NASDAQ:PIXY) which rose 154.87% to 0.51, Polarityte Inc (NASDAQ:PTE) which was up 44.51% to settle at 0.21 and Veru Inc (NASDAQ:VERU) which gained 43.96% to close at 13.00.

The worst performers were LiqTech International Inc (NASDAQ:LIQT) which was down 45.36% to 0.50 in late trade, Brilliant Earth Group Inc (NASDAQ:BRLT) which lost 33.63% to settle at 4.48 and Tenon Medical Inc (NASDAQ:TNON) which was down 26.41% to 6.52 at the close.

Advancing stocks outnumbered falling ones by 2607 to 643 and 97 ended unchanged; on the Nasdaq Stock Exchange, 2983 rose and 942 declined, while 169 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.13% to 28.87.

In commodities trading, Gold Futures for June delivery was down 0.83% or 15.13 to $1,809.47 a troy ounce. Meanwhile, Crude oil for delivery in June rose 4.09% or 4.34 to hit $110.47 a barrel, while the July Brent oil contract rose 3.86% or 4.15 to trade at $111.60 a barrel.

EUR/USD was unchanged 0.24% to 1.04, while USD/JPY rose 0.79% to 129.34.

The US Dollar Index Futures was down 0.27% at 104.61.

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