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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.55%

Published 07/12/2016, 21:25
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.55%
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Investing.com – U.S. equities were higher at the close on Wednesday, as gains in the Telecoms, Consumer Goods and Technology sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.55% to hit a new all time high, while the S&P 500 index gained 1.32%, and the NASDAQ Composite index gained 1.14%.

The biggest gainers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 3.03% or 1.53 points to trade at 52.10 at the close. Home Depot Inc (NYSE:HD) added 2.89% or 3.72 points to end at 132.46 and Visa Inc (NYSE:V) was up 2.85% or 2.20 points to 79.31 in late trade.

Biggest losers included Pfizer Inc (NYSE:PFE), which lost 1.24% or 0.39 points to trade at 31.17 in late trade. Johnson & Johnson (NYSE:JNJ) declined 0.87% or 0.98 points to end at 111.08 and Merck & Company Inc (NYSE:MRK) shed 0.43% or 0.26 points to 60.02.

The top performers on the S&P 500 were Western Digital Corporation (NASDAQ:WDC) which rose 8.30% to 69.15, Micron Technology Inc (NASDAQ:MU) which was up 7.24% to settle at 20.44 and Delphi Automotive plc (NYSE:DLPH) which gained 6.76% to close at 70.33.

The worst performers were Universal Health Services Inc (NYSE:UHS) which was down 11.93% to 111.30 in late trade, Endo International PLC (NASDAQ:ENDP) which lost 4.86% to settle at 15.09 and Mallinckrodt (NYSE:MNK) which was down 4.43% to 51.34 at the close.

The top performers on the NASDAQ Composite were Interpace Diagnostics Group Inc (NASDAQ:IDXG) which rose 108.33% to 0.2500, Rennova Health Inc (NASDAQ:RNVA) which was up 38.38% to settle at 0.128 and Anthera Pharmaceuticals Inc (NASDAQ:ANTH) which gained 38.10% to close at 2.030.

The worst performers were Sigma Designs Inc (NASDAQ:SIGM) which was down 27.74% to 5.60 in late trade, Delta Technology Holding Ltd (NASDAQ:DELT) which lost 15.62% to settle at 0.7510 and Repros Therapeutics Inc (NASDAQ:RPRX) which was down 15.18% to 1.62 at the close.

Advancing stocks outnumbered falling ones by 2370 to 790 and 83 ended unchanged; on the Nasdaq Stock Exchange, 1528 rose and 967 declined, while 138 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 3.73% to 12.23.

In commodities trading, Gold for February delivery was up 0.36% or 4.20 to $1174.30 a troy ounce. Meanwhile, Crude oil for delivery in January fell 2.12% or 1.08 to hit $49.85 a barrel, while the February Brent oil contract fell 1.69% or 0.91 to trade at $53.02 a barrel.

EUR/USD was up 0.37% to 1.0758, while USD/JPY fell 0.20% to 113.79.

The US Dollar Index was down 0.26% at 100.25.

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