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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.49%

Published 12/02/2019, 21:25
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.49%
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Investing.com – U.S. equities were higher at the close on Tuesday, as gains in the Basic Materials, Industrials and Technology sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 1.49% to hit a new 1-month high, while the S&P 500 index gained 1.29%, and the NASDAQ Composite index climbed 1.46%.

The biggest gainers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 2.90% or 3.74 points to trade at 132.67 at the close. 3M Company (NYSE:MMM) added 2.82% or 5.66 points to end at 206.57 and DowDuPont Inc (NYSE:DWDP) was up 2.62% or 1.36 points to 53.36 in late trade.

Biggest losers included Walt Disney Company (NYSE:DIS), which lost 0.22% or 0.24 points to trade at 109.20 in late trade. McDonald’s Corporation (NYSE:MCD) declined 0.17% or 0.29 points to end at 173.97 and Coca-Cola Company (NYSE:KO) gained 0.10% or 0.05 points to 49.66.

The top performers on the S&P 500 were Brighthouse Financial Inc (NASDAQ:BHF) which rose 13.95% to 40.68, Coty Inc (NYSE:COTY) which was up 12.53% to settle at 10.87 and Pacific Gas & Electric Co (NYSE:PCG) which gained 7.68% to close at 15.43.

The worst performers were Molson Coors Brewing Co Class B (NYSE:TAP) which was down 9.44% to 59.19 in late trade, Everest Re Group Ltd (NYSE:RE) which lost 3.63% to settle at 212.39 and Gilead Sciences Inc (NASDAQ:GILD) which was down 3.28% to 65.40 at the close.

The top performers on the NASDAQ Composite were CAS Medical Systems Inc (NASDAQ:CASM) which rose 54.14% to 2.420, Pernix Therapeutics Holdings Inc (NASDAQ:PTX) which was up 36.62% to settle at 1.190 and Applied DNA Sciences Inc (NASDAQ:APDN) which gained 32.95% to close at 0.585.

The worst performers were PHI Inc (NASDAQ:PHIIK) which was down 22.79% to 3.32 in late trade, Xeris Pharmaceuticals Inc (NASDAQ:XERS) which lost 21.50% to settle at 11.54 and TMSR Holding Company Ltd (NASDAQ:TMSR) which was down 20.57% to 2.78 at the close.

Advancing stocks outnumbered falling ones by 2275 to 744 and 100 ended unchanged; on the Nasdaq Stock Exchange, 1920 rose and 708 declined, while 97 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.38% to 15.43.

In commodities trading, Gold Futures for April delivery was up 0.19% or 2.55 to $1314.45 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.24% or 0.65 to hit $53.06 a barrel, while the April Brent oil contract rose 1.46% or 0.90 to trade at $62.41 a barrel.

EUR/USD was up 0.49% to 1.1330, while USD/JPY rose 0.10% to 110.47.

The US Dollar Index Futures was down 0.35% at 96.518.

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