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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.43%

Published 05/22/2017, 04:25 PM
Updated 05/22/2017, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.43%

Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Technology, Utilities and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.43%, while the S&P 500 index gained 0.52%, and the NASDAQ Composite index added 0.82%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 1.61% or 2.91 points to trade at 183.67 at the close. Meanwhile, 3M Company (NYSE:MMM) added 1.38% or 2.71 points to end at 198.51 and UnitedHealth Group Incorporated (NYSE:UNH) was up 1.22% or 2.11 points to 174.70 in late trade.

The worst performers of the session were Pfizer Inc (NYSE:PFE), which fell 1.05% or 0.34 points to trade at 32.12 at the close. E I du Pont de Nemours & Co (NYSE:DD) declined 0.57% or 0.44 points to end at 77.38 and Nike Inc (NYSE:NKE) was down 0.39% or 0.20 points to 51.57.

The top performers on the S&P 500 were Brown Forman (NYSE:BFb) which rose 7.54% to 56.92, Qorvo Inc (NASDAQ:QRVO) which was up 3.39% to settle at 78.07 and Autodesk Inc (NASDAQ:ADSK) which gained 3.14% to close at 113.36.

The worst performers were Advance Auto Parts Inc (NYSE:AAP) which was down 2.71% to 147.37 in late trade, TripAdvisor Inc (NASDAQ:TRIP) which lost 2.52% to settle at 42.97 and Mallinckrodt (NYSE:MNK) which was down 2.46% to 40.04 at the close.

The top performers on the NASDAQ Composite were Nutraceutical International (NASDAQ:NUTR) which rose 50.54% to 42.15, Puma Biotechnology Inc (NASDAQ:PBYI) which was up 39.15% to settle at 52.60 and Polarityte Inc (NASDAQ:COOL) which gained 24.85% to close at 16.7800.

The worst performers were Marathon Patent Group Inc (NASDAQ:MARA) which was down 30.77% to 0.180 in late trade, Top Ships Inc (NASDAQ:TOPS) which lost 26.81% to settle at 0.5050 and Biostage Inc (NASDAQ:BSTG) which was down 21.67% to 0.235 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2158 to 1057 and 49 ended unchanged; on the Nasdaq Stock Exchange, 1616 rose and 884 declined, while 110 ended unchanged.

Shares in Brown Forman (NYSE:BFb) rose to 52-week highs; rising 7.54% or 3.99 to 56.92. Shares in Qorvo Inc (NASDAQ:QRVO) rose to 52-week highs; up 3.39% or 2.56 to 78.07. Shares in Autodesk Inc (NASDAQ:ADSK) rose to all time highs; rising 3.14% or 3.45 to 113.36. Shares in Mallinckrodt (NYSE:MNK) fell to all time lows; losing 2.46% or 1.01 to 40.04. Shares in Nutraceutical International (NASDAQ:NUTR) rose to all time highs; up 50.54% or 14.15 to 42.15. Shares in Marathon Patent Group Inc (NASDAQ:MARA) fell to all time lows; losing 30.77% or 0.080 to 0.180. Shares in Top Ships Inc (NASDAQ:TOPS) fell to 52-week lows; losing 26.81% or 0.1850 to 0.5050. Shares in Biostage Inc (NASDAQ:BSTG) fell to all time lows; falling 21.67% or 0.065 to 0.235.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.30% to 10.92.

Gold Futures for June delivery was up 0.53% or 6.68 to $1260.28 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.77% or 0.39 to hit $51.06 a barrel, while the July Brent oil contract rose 0.32% or 0.17 to trade at $53.78 a barrel.

EUR/USD was up 0.29% to 1.1240, while USD/JPY fell 0.04% to 111.22.

The US Dollar Index Futures was down 0.14% at 96.86.

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