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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.20%

Published 05/03/2022, 04:25 PM
Updated 05/03/2022, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.20% – U.S. stocks were higher after the close on Tuesday, as gains in the Oil & Gas, Telecoms and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.20%, while the S&P 500 index added 0.48%, and the NASDAQ Composite index gained 0.22%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 3.34% or 4.97 points to trade at 153.58 at the close. Meanwhile, JPMorgan Chase & Co (NYSE:JPM) added 2.14% or 2.58 points to end at 123.03 and Verizon Communications Inc (NYSE:VZ) was up 2.03% or 0.94 points to 47.17 in late trade.

The worst performers of the session were Nike Inc (NYSE:NKE), which fell 2.55% or 3.22 points to trade at 122.86 at the close. Visa Inc Class A (NYSE:V) declined 1.40% or 2.97 points to end at 208.56 and Procter & Gamble Company (NYSE:PG) was down 1.37% or 2.17 points to 156.21.

The top performers on the S&P 500 were Western Digital Corporation (NASDAQ:WDC) which rose 14.47% to 61.72, Monolithic Power Systems Inc (NASDAQ:MPWR) which was up 11.34% to settle at 457.48 and Catalent Inc (NYSE:CTLT) which gained 10.91% to close at 99.95.

The worst performers were Rockwell Automation Inc (NYSE:ROK) which was down 14.52% to 213.74 in late trade, Expedia Inc (NASDAQ:EXPE) which lost 14.02% to settle at 150.31 and FMC Corporation (NYSE:FMC) which was down 6.28% to 123.50 at the close.

The top performers on the NASDAQ Composite were Blue Water Vaccines Inc (NASDAQ:BWV) which rose 93.11% to 6.45, XORTX Therapeutics Inc (NASDAQ:XRTX) which was up 57.76% to settle at 1.83 and Ostin Technology Group Co Ltd (NASDAQ:OST) which gained 57.28% to close at 4.75.

The worst performers were Spero Therapeutics Inc (NASDAQ:SPRO) which was down 63.65% to 1.85 in late trade, Blackboxstocks Inc (NASDAQ:BLBX) which lost 34.41% to settle at 3.05 and Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) which was down 25.08% to 0.91 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2114 to 1057 and 139 ended unchanged; on the Nasdaq Stock Exchange, 2089 rose and 1692 declined, while 252 ended unchanged.

Shares in Rockwell Automation Inc (NYSE:ROK) fell to 52-week lows; down 14.52% or 36.30 to 213.74. Shares in Spero Therapeutics Inc (NASDAQ:SPRO) fell to all time lows; losing 63.65% or 3.24 to 1.85. Shares in Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) fell to all time lows; falling 25.08% or 0.31 to 0.91.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.55% to 29.25.

Gold Futures for June delivery was up 0.16% or 3.05 to $1,866.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 2.53% or 2.66 to hit $102.51 a barrel, while the July Brent oil contract fell 2.39% or 2.57 to trade at $105.01 a barrel.

EUR/USD was unchanged 0.20% to 1.05, while USD/JPY rose 0.02% to 130.16.

The US Dollar Index Futures was down 0.28% at 103.48.

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