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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.01%

Published 27/08/2018, 21:25
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.01%
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Investing.com – U.S. equities were higher at the close on Monday, as gains in the Basic Materials, Industrials and Technology sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 1.01% to hit a new 6-month high, while the S&P 500 index added 0.77%, and the NASDAQ Composite index added 0.91%.

The biggest gainers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 3.19% or 7.49 points to trade at 242.60 at the close. Caterpillar Inc (NYSE:CAT) added 2.77% or 3.83 points to end at 142.04 and DowDuPont Inc (NYSE:DWDP) was up 2.31% or 1.60 points to 70.81 in late trade.

Biggest losers included Pfizer Inc (NYSE:PFE), which lost 1.93% or 0.82 points to trade at 41.58 in late trade. Walmart Inc (NYSE:WMT) declined 0.43% or 0.41 points to end at 94.54 and Johnson & Johnson (NYSE:JNJ) shed 0.10% or 0.13 points to 134.92.

The top performers on the S&P 500 were Advanced Micro Devices Inc (NASDAQ:AMD) which rose 5.34% to 25.260, General Motors Company (NYSE:GM) which was up 4.83% to settle at 37.69 and Kansas City Southern (NYSE:KSU) which gained 4.69% to close at 119.04.

The worst performers were Signet Jewelers Ltd (NYSE:SIG) which was down 5.30% to 58.43 in late trade, Chipotle Mexican Grill Inc (NYSE:CMG) which lost 4.82% to settle at 495.60 and Under Armour Inc A (NYSE:UAA) which was down 4.07% to 20.62 at the close.

The top performers on the NASDAQ Composite were ATA Inc (NASDAQ:ATAI) which rose 179.17% to 2.010, Egalet Corp (NASDAQ:EGLT) which was up 35.59% to settle at 0.40 and AGM Group Holdings Inc Class A (NASDAQ:AGMH) which gained 27.64% to close at 24.01.

The worst performers were Eidos Therapeutics Inc (NASDAQ:EIDX) which was down 31.09% to 13.94 in late trade, Fuling Global Inc (NASDAQ:FORK) which lost 12.50% to settle at 2.450 and Alliance MMA Inc (NASDAQ:AMMA) which was down 13.33% to 0.36 at the close.

Advancing stocks outnumbered falling ones by 1848 to 1180 and 143 ended unchanged; on the Nasdaq Stock Exchange, 1375 rose and 1195 declined, while 156 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.25% to 12.14.

In commodities trading, Gold Futures for December delivery was up 0.31% or 3.80 to $1217.10 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.32% or 0.22 to hit $68.94 a barrel, while the November Brent oil contract rose 0.63% or 0.48 to trade at $76.61 a barrel.

EUR/USD was up 0.50% to 1.1681, while USD/JPY fell 0.17% to 111.08.

The US Dollar Index Futures was down 0.44% at 94.66.

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