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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.79%

Published 11/04/2018, 06:25 am
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.79%
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Investing.com – U.S. equities were higher at the close on Tuesday, as gains in the Oil & Gas, Telecoms and Technology sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.79%, while the S&P 500 index climbed 1.67%, and the NASDAQ Composite index gained 2.07%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 3.83% or 12.35 points to trade at 334.83 at the close. Caterpillar Inc (NYSE:CAT) added 3.50% or 5.01 points to end at 148.09 and Intel Corporation (NASDAQ:INTC) was up 3.47% or 1.72 points to 51.27 in late trade.

Biggest losers included Nike Inc (NYSE:NKE), which lost 0.27% or 0.18 points to trade at 67.00 in late trade. Walmart Inc (NYSE:WMT) added 0.20% or 0.17 points to end at 86.45 and Procter & Gamble Company (NYSE:PG) gained 0.27% or 0.21 points to 78.37.

The top performers on the S&P 500 were TechnipFMC PLC (NYSE:FTI) which rose 7.03% to 30.43, Devon Energy Corporation (NYSE:DVN) which was up 6.77% to settle at 33.60 and Newfield Exploration Company (NYSE:NFX) which gained 6.05% to close at 25.93.

The worst performers were Envision Healthcare Corp (NYSE:EVHC) which was down 7.34% to 35.83 in late trade, SBA Communications Corp (NASDAQ:SBAC) which lost 4.96% to settle at 163.07 and Crown Castle International (NYSE:CCI) which was down 4.80% to 103.64 at the close.

The top performers on the NASDAQ Composite were Kingtone Wirelessinfo Solution (NASDAQ:KONE) which rose 45.51% to 7.450, Chinanet Online Holdings Inc (NASDAQ:CNET) which was up 42.05% to settle at 2.5000 and Spectrum Pharmaceuticals Inc (NASDAQ:SPPI) which gained 41.90% to close at 20.76.

The worst performers were vTv Therapeutics Inc (NASDAQ:VTVT) which was down 78.09% to 0.71 in late trade, Neovasc Inc (NASDAQ:NVCN) which lost 17.10% to settle at 0.054 and New Age Beverages Corp (NASDAQ:NBEV) which was down 16.35% to 1.74 at the close.

Advancing stocks outnumbered falling ones by 2335 to 760 and 101 ended unchanged; on the Nasdaq Stock Exchange, 2024 rose and 506 declined, while 117 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.88% to 20.49.

In commodities trading, Gold Futures for June delivery was up 0.25% or 3.30 to $1343.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 3.55% or 2.25 to hit $65.67 a barrel, while the June Brent oil contract rose 3.58% or 2.46 to trade at $71.11 a barrel.

EUR/USD was up 0.29% to 1.2355, while USD/JPY rose 0.36% to 107.16.

The US Dollar Index Futures was down 0.23% at 89.32.

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