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 0.51%

Published 10/01/2019, 21:25
© Reuters. U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.51%
US500
-
DJI
-
BA
-
CAT
-
MSFT
-
MRK
-
IP
-
PFE
-
BBWI
-
STZ
-
KSS
-
TRV
-
GE
-
M
-
IXIC
-
LKCO
-
DJUSIN
-
DJUSTL
-
DJUSUT
-
VIX
-
BRQSF
-
LINK
-
PHUN
-
ORGO
-
SXTC
-

Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Utilities, Industrials and Telecoms sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.51%, while the S&P 500 index added 0.45%, and the NASDAQ Composite index gained 0.42%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 2.55% or 8.78 points to trade at 352.61 at the close. Caterpillar Inc (NYSE:CAT) added 2.06% or 2.69 points to end at 132.96 and The Travelers Companies Inc (NYSE:TRV) was up 1.34% or 1.59 points to 120.27 in late trade.

Biggest losers included Pfizer Inc (NYSE:PFE), which lost 2.38% or 1.03 points to trade at 42.31 in late trade. Merck & Company Inc (NYSE:MRK) declined 1.23% or 0.93 points to end at 74.48 and Microsoft Corporation (NASDAQ:MSFT) shed 0.64% or 0.67 points to 103.60.

The top performers on the S&P 500 were Constellation Brands Inc Class A (NYSE:STZ) which rose 5.96% to 159.93, General Electric Company (NYSE:GE) which was up 5.18% to settle at 8.94 and International Paper Company (NYSE:IP) which gained 4.92% to close at 44.81.

The worst performers were Macy’s Inc (NYSE:M) which was down 17.69% to 26.11 in late trade, Kohl’s Corporation (NYSE:KSS) which lost 4.81% to settle at 66.54 and L Brands Inc (NYSE:LB) which was down 4.39% to 26.99 at the close.

The top performers on the NASDAQ Composite were Luokung Technology Corp (NASDAQ:LKCO) which rose 272.71% to 56.130, Borqs Technologies Inc (NASDAQ:BRQS) which was up 55.22% to settle at 5.65 and Organogenesis Holdings Inc (NASDAQ:ORGO) which gained 80.75% to close at 148.850.

The worst performers were China SXT Pharmaceuticals Inc (NASDAQ:SXTC) which was down 35.15% to 7.7500 in late trade, Phunware Inc (NASDAQ:PHUN) which lost 28.64% to settle at 157.00 and Interlink Electronics Inc (NASDAQ:LINK) which was down 4.39% to 2.18 at the close.

Advancing stocks outnumbered falling ones by 1838 to 1205 and 106 ended unchanged; on the Nasdaq Stock Exchange, 1362 rose and 1254 declined, while 96 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.40% to 19.50 a new 1-month low.

In commodities trading, Gold Futures for February delivery was down 0.39% or 5.00 to $1287.00 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.21% or 0.11 to hit $52.47 a barrel, while the March Brent oil contract rose 0.02% or 0.01 to trade at $61.45 a barrel.

EUR/USD was down 0.37% to 1.1498, while USD/JPY rose 0.27% to 108.45.

The US Dollar Index Futures was up 0.39% at 95.157.

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.