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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.49%

Published 04/22/2015, 04:30 PM
Updated 04/22/2015, 04:30 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.49%

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

At the close in New York, the Dow Jones Industrial Average rose 0.49%, while the S&P 500 index added 0.51%, and the NASDAQ Composite index gained 0.42%.

The best performers of the session on the Dow Jones Industrial Average were Visa Inc (NYSE:V), which rose 4.07% or 2.66 points to trade at 68.01 at the close. Meanwhile, McDonald`s Corporation (NYSE:MCD) added 3.13% or 2.97 points to end at 97.84 and American Express Company (NYSE:AXP) was up 1.50% or 1.16 points to 78.44 in late trade.

The worst performers of the session were Boeing Company (NYSE:BA), which fell 1.40% or 2.14 points to trade at 151.19 at the close. UnitedHealth Group Incorporated (NYSE:UNH) declined 1.23% or 1.47 points to end at 117.81 and Cisco Systems Inc (NASDAQ:CSCO) was down 0.24% or 0.07 points to 28.62.

The top performers on the S&P 500 were FMC Technologies Inc (NYSE:FTI) which rose 7.50% to 40.56, St Jude Medical Inc (NYSE:STJ) which was up 6.41% to settle at 73.55 and Broadcom Corporation (NASDAQ:BRCM) which gained 5.00% to close at 46.18.

The worst performers were Chipotle Mexican Grill Inc (NYSE:CMG) which was down 7.41% to 641.23 in late trade, Intuitive Surgical Inc (NASDAQ:ISRG) which lost 5.45% to settle at 516.93 and DR Horton Inc (NYSE:DHI) which was down 5.36% to 27.03 at the close.

The top performers on the NASDAQ Composite were Great Basin Scientific Inc (NASDAQ:GBSN) which rose 40.68% to 4.98, Gevo Inc (NASDAQ:GEVO) which was up 38.56% to settle at 2.785 and CalAmp Corp (NASDAQ:CAMP) which gained 25.12% to close at 20.87.

The worst performers were China Cmrcl (NASDAQ:CCCR) which was down 36.24% to 1.90 in late trade, Looksmart Ltd (NASDAQ:LOOK) which lost 22.57% to settle at 1.750 and Venaxis Inc (NASDAQ:APPY) which was down 20.14% to 0.559 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1897 to 1194 and 1 ended unchanged; on the Nasdaq Stock Exchange, 1498 rose and 1283 declined, while 3 ended unchanged.

Shares in St Jude Medical Inc (NYSE:STJ) rose to all time highs; up 6.41% or 4.43 to 73.55. Shares in China Cmrcl (NASDAQ:CCCR) fell to all time lows; falling 36.24% or 1.08 to 1.90.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.15% to 12.70.

Gold for June delivery was down 1.39% or 16.70 to $1186.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.57% or 0.32 to hit $56.29 a barrel, while the June Brent oil contract rose 1.30% or 0.81 to trade at $62.88 a barrel.

EUR/USD was down 0.11% to 1.0725, while USD/JPY rose 0.18% to 119.89.

The US Dollar Index was up 0.03% at 98.23.

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