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U.S. shares higher at close of trade; Dow Jones Industrial Average up 2.99%

Published 18/04/2020, 07:25 am
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 2.99%
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Investing.com – U.S. equities were higher at the close on Friday, as gains in the Oil & Gas, Financials and Industrials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 2.99% to hit a new 1-month high, while the S&P 500 index gained 2.68%, and the NASDAQ Composite index gained 1.38%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 14.72% or 19.76 points to trade at 154.00 at the close. Exxon Mobil Corp (NYSE:XOM) added 10.40% or 4.07 points to end at 43.22 and JPMorgan Chase & Co (NYSE:JPM) was up 8.99% or 7.85 points to 95.18 in late trade.

Biggest losers included UnitedHealth Group Incorporated (NYSE:UNH), which lost 2.64% or 7.87 points to trade at 290.56 in late trade. Apple Inc (NASDAQ:AAPL) declined 1.36% or 3.89 points to end at 282.80 and Intel Corporation (NASDAQ:INTC) shed 0.71% or 0.43 points to 60.36.

The top performers on the S&P 500 were HollyFrontier Corporation (NYSE:HFC) which rose 16.77% to 27.02, Marathon Petroleum Corp (NYSE:MPC) which was up 15.95% to settle at 25.45 and Citizens Financial Group Inc (NYSE:CFG) which gained 15.59% to close at 19.87.

The worst performers were Netflix Inc (NASDAQ:NFLX) which was down 3.69% to 422.96 in late trade, UnitedHealth Group Incorporated (NYSE:UNH) which lost 2.64% to settle at 290.56 and Electronic Arts Inc (NASDAQ:EA) which was down 2.50% to 115.15 at the close.

The top performers on the NASDAQ Composite were Surgery Partners Inc (NASDAQ:SGRY) which rose 47.47% to 9.60, Taronis Technologies Inc (NASDAQ:TRNX) which was up 47.04% to settle at 0.338 and Genetic Technologies Ltd (NASDAQ:GENE) which gained 41.37% to close at 2.30.

The worst performers were MoSys Inc (NASDAQ:MOSY) which was down 35.69% to 1.640 in late trade, Pulmatrix Inc (NASDAQ:PULM) which lost 29.38% to settle at 1.250 and Ever-Glory International Group Inc (NASDAQ:EVK) which was down 24.17% to 0.724 at the close.

Advancing stocks outnumbered falling ones by 2466 to 443 and 42 ended unchanged; on the Nasdaq Stock Exchange, 2138 rose and 542 declined, while 48 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.89% to 38.15.

In commodities trading, Gold Futures for June delivery was down 2.14% or 37.10 to $1694.60 a troy ounce. Meanwhile, Crude oil for delivery in May fell 8.51% or 1.69 to hit $18.18 a barrel, while the June Brent oil contract rose 1.87% or 0.52 to trade at $28.34 a barrel.

EUR/USD was up 0.38% to 1.0876, while USD/JPY fell 0.38% to 107.53.

The US Dollar Index Futures was down 0.31% at 99.787.

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