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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.38%

Published 05/20/2016, 04:25 PM
Updated 05/20/2016, 04:26 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.38%

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Technology, Healthcare and Financials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.38%, while the S&P 500 index climbed 0.60%, and the NASDAQ Composite index climbed 1.21%.

The best performers of the session on the Dow Jones Industrial Average were EI du Pont de Nemours and Company (NYSE:DD), which rose 2.08% or 1.34 points to trade at 65.75 at the close. Meanwhile, American Express Company (NYSE:AXP) added 1.88% or 1.18 points to end at 63.92 and Intel Corporation (NASDAQ:INTC) was up 1.75% or 0.52 points to 30.15 in late trade.

The worst performers of the session were McDonald’s Corporation (NYSE:MCD), which fell 2.18% or 2.73 points to trade at 122.56 at the close. Nike Inc (NYSE:NKE) declined 0.98% or 0.56 points to end at 56.48 and Coca-Cola Company (NYSE:KO) was down 0.83% or 0.37 points to 43.95.

The top performers on the S&P 500 were Applied Materials Inc (NASDAQ:AMAT) which rose 13.81% to 22.66, Micron Technology Inc (NASDAQ:MU) which was up 7.25% to settle at 10.80 and L Brands Inc (NYSE:LB) which gained 4.82% to close at 63.54.

The worst performers were Foot Locker Inc (NYSE:FL) which was down 6.46% to 54.77 in late trade, Campbell Soup Company (NYSE:CPB) which lost 6.38% to settle at 59.90 and Deere & Company (NYSE:DE) which was down 5.48% to 77.74 at the close.

The top performers on the NASDAQ Composite were Cellectar Biosciences Inc (NASDAQ:CLRB) which rose 228.57% to 3.4500, Globus Maritime Ltd (NASDAQ:GLBS) which was up 41.89% to settle at 0.6100 and Globeimmune (NASDAQ:GBIM) which gained 32.00% to close at 1.32.

The worst performers were Neovasc Inc (NASDAQ:NVCN) which was down 75.00% to 0.46 in late trade, Onconova Th (NASDAQ:ONTX) which lost 24.96% to settle at 0.3977 and Xtera Communications Inc (NASDAQ:XCOM) which was down 3.43% to 1.69 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2581 to 736 and 26 ended unchanged; on the Nasdaq Stock Exchange, 1935 rose and 643 declined, while 60 ended unchanged.

Shares in Applied Materials Inc (NASDAQ:AMAT) rose to 52-week highs; up 13.81% or 2.75 to 22.66. Shares in Foot Locker Inc (NYSE:FL) fell to 52-week lows; down 6.46% or 3.78 to 54.77. Shares in Neovasc Inc (NASDAQ:NVCN) fell to 5-year lows; falling 75.00% or 1.38 to 0.46.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 6.92% to 15.20.

Gold for June delivery was down 0.13% or 1.60 to $1253.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.35% or 0.17 to hit $48.50 a barrel, while the July Brent oil contract rose 0.06% or 0.03 to trade at $48.84 a barrel.

EUR/USD was up 0.14% to 1.1218, while USD/JPY rose 0.15% to 110.12.

The US Dollar Index was up 0.03% at 95.33.

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