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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.60%

Published 01/03/2017, 04:25 PM
Updated 01/03/2017, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.60%

Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Telecoms, Oil & Gas and Healthcare sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.60%, while the S&P 500 index gained 0.85%, and the NASDAQ Composite index gained 0.85%.

The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 2.26% or 1.15 points to trade at 51.98 at the close. Meanwhile, Verizon Communications Inc (NYSE:VZ) added 2.25% or 1.20 points to end at 54.58 and Merck & Company Inc (NYSE:MRK) was up 2.17% or 1.28 points to 60.15 in late trade.

The worst performers of the session were McDonald’s Corporation (NYSE:MCD), which fell 1.73% or 2.10 points to trade at 119.62 at the close. The Travelers Companies Inc (NYSE:TRV) declined 1.24% or 1.52 points to end at 120.90 and Wal-Mart Stores Inc (NYSE:WMT) was down 0.67% or 0.46 points to 68.66.

The top performers on the S&P 500 were Xerox Corporation (NYSE:XRX) which rose 19.83% to 6.89, CenturyLink Inc (NYSE:CTL) which was up 6.60% to settle at 25.35 and Endo International PLC (NASDAQ:ENDP) which gained 6.07% to close at 17.47.

The worst performers were Southwestern Energy Company (NYSE:SWN) which was down 7.86% to 9.97 in late trade, Range Resources Corporation (NYSE:RRC) which lost 5.12% to settle at 32.60 and Kansas City Southern (NYSE:KSU) which was down 4.75% to 80.82 at the close.

The top performers on the NASDAQ Composite were Interpace Diagnostics Group Inc (NASDAQ:IDXG) which rose 70.45% to 7.5000, Apollo Endosurgery Inc (NASDAQ:APEN) which was up 27.78% to settle at 17.2500 and BioScrip Inc (NASDAQ:BIOS) which gained 34.62% to close at 1.400.

The worst performers were Inotek Pharmaceuticals Corp (NASDAQ:ITEK) which was down 71.31% to 1.75 in late trade, SITO Mobile Ltd (NASDAQ:SITO) which lost 32.25% to settle at 2.500 and Dataram Corp (NASDAQ:DRAM) which was down 20.91% to 1.7400 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2384 to 852 and 29 ended unchanged; on the Nasdaq Stock Exchange, 1600 rose and 928 declined, while 91 ended unchanged.

Shares in Inotek Pharmaceuticals Corp (NASDAQ:ITEK) fell to all time lows; down 71.31% or 4.35 to 1.75.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 8.19% to 12.89.

Gold for February delivery was up 0.69% or 7.95 to $1159.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 2.31% or 1.24 to hit $52.48 a barrel, while the March Brent oil contract fell 2.06% or 1.17 to trade at $55.65 a barrel.

EUR/USD was down 0.48% to 1.0405, while USD/JPY rose 0.16% to 117.70.

The US Dollar Index was up 0.87% at 103.26.

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