Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

U.S. shares higher at close of trade; Dow Jones Industrial Average up 2.17%

Published 27/05/2020, 07:25 am
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 2.17%
US500
-
DJI
-
MSFT
-
DOW
-
GS
-
VRTX
-
AAPL
-
NEM
-
RTX
-
M
-
PG
-
UAL
-
TTWO
-
IXIC
-
BLRX
-
MIND
-
DJUSFN
-
DJUSIN
-
DJUSEN
-
BFH
-
VIX
-
ATRA
-
WINSF
-
MTC
-
LKNCY
-

Investing.com – U.S. equities were higher at the close on Tuesday, as gains in the Financials, Industrials and Oil & Gas sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 2.17% to hit a new 1-month high, while the S&P 500 index climbed 1.23%, and the NASDAQ Composite index climbed 0.17%.

The biggest gainers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 8.96% or 16.13 points to trade at 196.06 at the close. Raytheon Technologies Corp (NYSE:RTX) added 7.45% or 4.47 points to end at 64.47 and Dow Inc (NYSE:DOW) was up 7.39% or 2.67 points to 38.79 in late trade.

Biggest losers included Microsoft Corporation (NASDAQ:MSFT), which lost 1.06% or 1.94 points to trade at 181.57 in late trade. Apple Inc (NASDAQ:AAPL) declined 0.68% or 2.16 points to end at 316.73 and Procter & Gamble Company (NYSE:PG) shed 0.51% or 0.57 points to 112.03.

The top performers on the S&P 500 were Macy’s Inc (NYSE:M) which rose 18.43% to 6.17, Alliance Data Systems Corp (NYSE:ADS) which was up 17.53% to settle at 49.42 and United Airlines Holdings Inc (NASDAQ:UAL) which gained 16.30% to close at 29.54.

The worst performers were Take-Two Interactive Software Inc (NASDAQ:TTWO) which was down 7.34% to 130.20 in late trade, Vertex Pharmaceuticals Inc (NASDAQ:VRTX) which lost 6.48% to settle at 266.50 and Newmont Goldcorp Corp (NYSE:NEM) which was down 6.09% to 59.21 at the close.

The top performers on the NASDAQ Composite were MMTEC Inc (NASDAQ:MTC) which rose 86.36% to 2.050, Mitcham Industries Inc (NASDAQ:MIND) which was up 60.87% to settle at 1.850 and Luckin Coffee (NASDAQ:LK) which gained 53.24% to close at 2.13.

The worst performers were BioLineRx Ltd (NASDAQ:BLRX) which was down 30.96% to 1.650 in late trade, Atara Biotherapeutics Inc (NASDAQ:ATRA) which lost 23.57% to settle at 11.32 and Wins Finance Holdings Inc (NASDAQ:WINS) which was down 22.37% to 7.81 at the close.

Advancing stocks outnumbered falling ones by 2407 to 488 and 47 ended unchanged; on the Nasdaq Stock Exchange, 1843 rose and 831 declined, while 46 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.53% to 28.01.

In commodities trading, Gold Futures for June delivery was down 1.85% or 32.15 to $1703.35 a troy ounce. Meanwhile, Crude oil for delivery in July rose 2.65% or 0.88 to hit $34.13 a barrel, while the July Brent oil contract fell 0.03% or 0.01 to trade at $36.10 a barrel.

EUR/USD was up 0.01% to 1.0981, while USD/JPY rose 0.05% to 107.58.

The US Dollar Index Futures was down 0.90% at 98.993.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.