📈 Fed's first cut since 2020: Time to buy the dip? See Tech-focused stock picksUnlock AI Picks

U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.53%

Published 15/07/2024, 21:30
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.53%
US500
-
DJI
-
GC
-
LCO
-
CL
-
IXIC
-
VIX
-

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

At the close in NYSE, the Dow Jones Industrial Average added 0.53% to hit a new all time high, while the S&P 500 index climbed 0.28%, and the NASDAQ Composite index gained 0.42%.

The biggest gainers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 3.03% or 10.18 points to trade at 345.77 at the close. Goldman Sachs Group Inc (NYSE:GS) added 2.57% or 12.35 points to end at 492.23 and JPMorgan Chase & Co (NYSE:JPM) was up 2.49% or 5.11 points to 210.05 in late trade.

Biggest losers included Nike Inc (NYSE:NKE), which lost 2.86% or 2.10 points to trade at 71.32 in late trade. Boeing Co (NYSE:BA) declined 1.76% or 3.20 points to end at 179.11 and Verizon Communications Inc (NYSE:VZ) shed 1.52% or 0.63 points to 40.80.

The top performers on the S&P 500 were Axon Enterprise Inc (NASDAQ:AXON) which rose 5.46% to 308.64, Paycom Soft (NYSE:PAYC) which was up 5.17% to settle at 156.11 and APA Corporation (NASDAQ:APA) which gained 4.97% to close at 31.46.

The worst performers were The AES Corporation (NYSE:AES) which was down 10.03% to 17.00 in late trade, First Solar Inc (NASDAQ:FSLR) which lost 8.50% to settle at 213.42 and CenterPoint Energy Inc (NYSE:CNP) which was down 6.67% to 28.28 at the close.

The top performers on the NASDAQ Composite were SMX Security Matters Ord Shs Class A (NASDAQ:SMX) which rose 6,511.11% to 5.95, Autonomix Medical Inc (NASDAQ:AMIX) which was up 130.00% to settle at 1.38 and DatChat Inc (NASDAQ:DATS) which gained 75.47% to close at 1.86.

The worst performers were Aslan Pharmaceuticals Ltd ADR (NASDAQ:ASLN) which was down 45.24% to 1.38 in late trade, Kazia Therapeutics Ltd ADR (NASDAQ:KZIA) which lost 37.72% to settle at 0.56 and Locafy Ltd (NASDAQ:LCFY) which was down 34.70% to 3.65 at the close.

Advancing stocks outnumbered falling ones by 1628 to 1203 and 97 ended unchanged; on the Nasdaq Stock Exchange, 2073 rose and 1266 declined, while 134 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 5.30% to 13.12.

In commodities trading, Gold Futures for August delivery was up 0.23% or 5.45 to $2,426.15 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.25% or 0.20 to hit $80.82 a barrel, while the September Brent oil contract fell 0.24% or 0.20 to trade at $84.83 a barrel.

EUR/USD was unchanged 0.07% to 1.09, while USD/JPY rose 0.14% to 158.10.

The US Dollar Index Futures was up 0.14% at 103.93.

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.