Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.60%

Published 25/05/2022, 21:25
Updated 25/05/2022, 21:25
©  Reuters U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.60%

Investing.com – U.S. equities were higher at the close on Wednesday, as gains in the Consumer Services, Oil & Gas and Consumer Goods sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.60%, while the S&P 500 index gained 0.95%, and the NASDAQ Composite index gained 1.51%.

The biggest gainers of the session on the Dow Jones Industrial Average were American Express Company (NYSE:AXP), which rose 3.14% or 4.88 points to trade at 160.51 at the close. Boeing Co (NYSE:BA) added 2.23% or 2.66 points to end at 122.06 and Home Depot Inc (NYSE:HD) was up 1.96% or 5.65 points to 293.57 in late trade.

Biggest losers included Procter & Gamble Company (NYSE:PG), which lost 1.64% or 2.42 points to trade at 145.21 in late trade. Johnson & Johnson (NYSE:JNJ) declined 0.98% or 1.78 points to end at 179.62 and Merck & Company Inc (NYSE:MRK) shed 0.94% or 0.89 points to 93.75.

The top performers on the S&P 500 were Gap Inc (NYSE:GPS) which rose 12.46% to 10.65, Best Buy Co Inc (NYSE:BBY) which was up 8.97% to settle at 80.06 and Bath & Body Works Inc. (NYSE:BBWI) which gained 8.71% to close at 39.30.

The worst performers were Agilent Technologies Inc (NYSE:A) which was down 3.24% to 120.38 in late trade, Hologic Inc (NASDAQ:HOLX) which lost 3.05% to settle at 76.00 and Waters Corporation (NYSE:WAT) which was down 3.04% to 307.81 at the close.

The top performers on the NASDAQ Composite were Very Good Food Company Inc (NASDAQ:VGFC) which rose 118.20% to 0.29, Genocea Biosciences Inc (NASDAQ:GNCA) which was up 51.07% to settle at 0.09 and 36Kr Holdings Inc (NASDAQ:KRKR) which gained 42.47% to close at 1.04.

The worst performers were Verrica Pharmaceuticals Inc (NASDAQ:VRCA) which was down 63.85% to 2.01 in late trade, China Liberal Education Holdings (NASDAQ:CLEU) which lost 38.80% to settle at 1.53 and Enochian Biosciences Inc (NASDAQ:ENOB) which was down 36.97% to 3.70 at the close.

Advancing stocks outnumbered falling ones by 2472 to 725 and 117 ended unchanged; on the Nasdaq Stock Exchange, 2611 rose and 1177 declined, while 193 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.67% to 28.37.

In commodities trading, Gold Futures for June delivery was down 0.72% or 13.35 to $1,852.05 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.91% or 1.00 to hit $110.77 a barrel, while the August Brent oil contract rose 0.66% or 0.73 to trade at $111.42 a barrel.

EUR/USD was down 0.56% to 1.07, while USD/JPY rose 0.38% to 127.29.

The US Dollar Index Futures was up 0.30% at 102.18.

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.