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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.34%

Published 17/05/2022, 21:25
© Reuters U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.34%
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Investing.com – U.S. equities were higher at the close on Tuesday, as gains in the Basic Materials, Technology and Financials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.34%, while the S&P 500 index gained 2.02%, and the NASDAQ Composite index added 2.76%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 6.45% or 8.00 points to trade at 132.05 at the close. American Express Company (NYSE:AXP) added 3.46% or 5.42 points to end at 161.85 and JPMorgan Chase & Co (NYSE:JPM) was up 3.31% or 3.92 points to 122.18 in late trade.

Biggest losers included Walmart Inc (NYSE:WMT), which lost 11.38% or 16.86 points to trade at 131.35 in late trade. McDonald’s Corporation (NYSE:MCD) declined 0.99% or 2.41 points to end at 241.63 and Procter & Gamble Company (NYSE:PG) shed 0.28% or 0.44 points to 154.68.

The top performers on the S&P 500 were Paramount Global Class B (NASDAQ:PARA) which rose 15.35% to 32.32, Take-Two Interactive Software Inc (NASDAQ:TTWO) which was up 11.78% to settle at 123.08 and Advanced Micro Devices Inc (NASDAQ:AMD) which gained 8.73% to close at 102.47.

The worst performers were Walmart Inc (NYSE:WMT) which was down 11.38% to 131.35 in late trade, Kroger Company (NYSE:KR) which lost 3.70% to settle at 51.23 and Dollar Tree Inc (NASDAQ:DLTR) which was down 3.16% to 156.35 at the close.

The top performers on the NASDAQ Composite were Eos Energy Enterprises Inc (NASDAQ:EOSE) which rose 41.79% to 1.90, FlexShopper Inc (NASDAQ:FPAY) which was up 36.88% to settle at 1.24 and Talaris Therapeutics Inc (NASDAQ:TALS) which gained 35.93% to close at 8.89.

The worst performers were Autoweb Inc (NASDAQ:AUTO) which was down 65.20% to 0.79 in late trade, Enjoy Technology Inc (NASDAQ:ENJY) which lost 52.79% to settle at 0.35 and Imperial Petroleum Inc (NASDAQ:IMPP) which was down 34.58% to 0.50 at the close.

Advancing stocks outnumbered falling ones by 2514 to 696 and 98 ended unchanged; on the Nasdaq Stock Exchange, 3022 rose and 790 declined, while 189 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.99% to 26.10.

In commodities trading, Gold Futures for June delivery was down 0.04% or 0.66 to $1,813.34 a troy ounce. Meanwhile, Crude oil for delivery in July fell 2.24% or 2.51 to hit $109.31 a barrel, while the July Brent oil contract fell 2.48% or 2.83 to trade at $111.41 a barrel.

EUR/USD was up 1.09% to 1.05, while USD/JPY rose 0.17% to 129.38.

The US Dollar Index Futures was down 0.77% at 103.40.

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