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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.38%

Published 01/18/2019, 04:25 PM
Updated 01/18/2019, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.38%

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Oil & Gas, Industrials and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.38% to hit a new 1-month high, while the S&P 500 index gained 1.32%, and the NASDAQ Composite index added 1.03%.

The best performers of the session on the Dow Jones Industrial Average were Home Depot Inc (NYSE:HD), which rose 2.69% or 4.71 points to trade at 179.58 at the close. Meanwhile, UnitedHealth Group Incorporated (NYSE:UNH) added 2.21% or 5.73 points to end at 265.50 and Caterpillar Inc (NYSE:CAT) was up 2.18% or 2.92 points to 136.60 in late trade.

The worst performers of the session were Walt Disney Company (NYSE:DIS), which rose 0.03% or 0.03 points to trade at 111.04 at the close. Pfizer Inc (NYSE:PFE) added 0.14% or 0.06 points to end at 42.53 and Merck & Company Inc (NYSE:MRK) was up 0.36% or 0.27 points to 75.87.

The top performers on the S&P 500 were Pacific Gas & Electric Co (NYSE:PCG) which rose 13.68% to 7.23, VF Corporation (NYSE:VFC) which was up 12.39% to settle at 82.34 and Schlumberger NV (NYSE:SLB) which gained 8.12% to close at 44.73.

The worst performers were CarMax Inc (NYSE:KMX) which was down 4.09% to 61.92 in late trade, Netflix Inc (NASDAQ:NFLX) which lost 3.99% to settle at 339.10 and LKQ Corporation (NASDAQ:LKQ) which was down 2.42% to 26.25 at the close.

The top performers on the NASDAQ Composite were Ascent Capital Group Inc (NASDAQ:ASCMA) which rose 42.79% to 0.61, Avalon Globocare Corp (NASDAQ:AVCO) which was up 34.94% to settle at 5.600 and Ultra Petroleum Corp (NASDAQ:UPL) which gained 29.87% to close at 0.995.

The worst performers were Organogenesis Holdings Inc (NASDAQ:ORGO) which was down 44.82% to 30.350 in late trade, Tyme Technologies Inc (NASDAQ:TYME) which lost 35.39% to settle at 2.41 and Bio Path Holdings Inc (NASDAQ:BPTH) which was down 30.56% to 1.750 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2234 to 834 and 76 ended unchanged; on the Nasdaq Stock Exchange, 1806 rose and 841 declined, while 83 ended unchanged.

Shares in Avalon Globocare Corp (NASDAQ:AVCO) rose to all time highs; up 34.94% or 1.450 to 5.600.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.44% to 17.80 a new 1-month low.

Gold Futures for February delivery was down 0.92% or 11.95 to $1280.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 3.30% or 1.72 to hit $53.79 a barrel, while the March Brent oil contract rose 2.42% or 1.48 to trade at $62.66 a barrel.

EUR/USD was down 0.25% to 1.1366, while USD/JPY rose 0.43% to 109.70.

The US Dollar Index Futures was up 0.32% at 96.018.

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