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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.39%

Published 27/03/2021, 01:25
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.39%
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Investing.com – U.S. equities were higher at the close on Saturday, as gains in the Basic Materials, Oil & Gas and Industrials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 1.39% to hit a new all time high, while the S&P 500 index gained 1.66%, and the NASDAQ Composite index climbed 1.24%.

The biggest gainers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 4.60% or 2.85 points to trade at 64.87 at the close. Cisco Systems Inc (NASDAQ:CSCO) added 4.08% or 2.06 points to end at 52.57 and Nike Inc (NYSE:NKE) was up 3.38% or 4.35 points to 132.99 in late trade.

Biggest losers included Goldman Sachs Group Inc (NYSE:GS), which lost 0.96% or 3.16 points to trade at 327.39 in late trade. Boeing Co (NYSE:BA) declined 0.94% or 2.32 points to end at 244.87 and Walt Disney Company (NYSE:DIS) shed 0.53% or 0.99 points to 185.92.

The top performers on the S&P 500 were Nucor Corp (NYSE:NUE) which rose 8.90% to 79.30, Applied Materials Inc (NASDAQ:AMAT) which was up 7.45% to settle at 128.64 and KLA-Tencor Corporation (NASDAQ:KLAC) which gained 6.86% to close at 319.94.

The worst performers were Discovery Communications C Inc (NASDAQ:DISCK) which was down 29.55% to 35.96 in late trade, Discovery Inc Class A (NASDAQ:DISCA) which lost 27.45% to settle at 41.90 and ViacomCBS Inc (NASDAQ:VIAC) which was down 27.31% to 48.23 at the close.

The top performers on the NASDAQ Composite were Wah Fu Education Group Ltd (NASDAQ:WAFU) which rose 166.53% to 12.660, Big Rock Partners Acquisition Corp (NASDAQ:BRPA) which was up 36.33% to settle at 36.55 and Nextdecade Corp (NASDAQ:NEXT) which gained 31.79% to close at 2.57.

The worst performers were Discovery Communications C Inc (NASDAQ:DISCK) which was down 29.55% to 35.96 in late trade, Discovery Inc Class A (NASDAQ:DISCA) which lost 27.45% to settle at 41.90 and ViacomCBS Inc (NASDAQ:VIAC) which was down 27.31% to 48.23 at the close.

Declining stocks outnumbered rising ones by 0 to 0; on the Nasdaq Stock Exchange, 0 fell and 0 advanced on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.80% to 18.86 a new 52-week low.

In commodities trading, Gold Futures for April delivery was up 0.36% or 6.20 to $1731.30 a troy ounce. Meanwhile, Crude oil for delivery in May rose 3.71% or 2.17 to hit $60.73 a barrel, while the May Brent oil contract rose 3.92% or 2.43 to trade at $64.38 a barrel.

EUR/USD was up 0.26% to 1.1794, while USD/JPY rose 0.45% to 109.67.

The US Dollar Index Futures was down 0.12% at 92.718.

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