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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.32%

Published 05/14/2024, 04:30 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.32%

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

At the close in NYSE, the Dow Jones Industrial Average added 0.32% to hit a new 1-month high, while the S&P 500 index climbed 0.48%, and the NASDAQ Composite index added 0.75%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 1.77% or 0.54 points to trade at 31.05 at the close. Meanwhile, JPMorgan Chase & Co (NYSE:JPM) added 1.40% or 2.78 points to end at 201.51 and Boeing Co (NYSE:BA) was up 1.30% or 2.32 points to 180.76 in late trade.

The worst performers of the session were Walmart Inc (NYSE:WMT), which fell 0.91% or 0.55 points to trade at 59.86 at the close. Coca-Cola Co (NYSE:KO) declined 0.76% or 0.48 points to end at 63.10 and Visa Inc Class A (NYSE:V) was down 0.59% or 1.65 points to 277.74.

The top performers on the S&P 500 were Insulet Corporation (NASDAQ:PODD) which rose 6.99% to 172.27, Enphase Energy Inc (NASDAQ:ENPH) which was up 5.71% to settle at 117.11 and Super Micro Computer Inc (NASDAQ:SMCI) which gained 5.06% to close at 822.37.

The worst performers were Paramount Global Class B (NASDAQ:PARA) which was down 5.23% to 12.33 in late trade, Bunge Limited (NYSE:BG) which lost 3.89% to settle at 103.42 and FedEx Corporation (NYSE:FDX) which was down 2.94% to 259.04 at the close.

The top performers on the NASDAQ Composite were Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) which rose 442.37% to 6.40, Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) which was up 367.54% to settle at 0.29 and MMTEC Inc (NASDAQ:MTC) which gained 83.51% to close at 8.90.

The worst performers were Augmedix Inc (NASDAQ:AUGX) which was down 51.07% to 1.14 in late trade, Inotiv Inc (NASDAQ:NOTV) which lost 49.16% to settle at 2.12 and Shimmick Corp (NASDAQ:SHIM) which was down 34.07% to 2.40 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1931 to 911 and 63 ended unchanged; on the Nasdaq Stock Exchange, 2125 rose and 1244 declined, while 117 ended unchanged.

Shares in JPMorgan Chase & Co (NYSE:JPM) rose to all time highs; gaining 1.40% or 2.78 to 201.51. Shares in Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) rose to all time highs; rising 442.37% or 5.22 to 6.40. Shares in Augmedix Inc (NASDAQ:AUGX) fell to 52-week lows; falling 51.07% or 1.20 to 1.14. Shares in MMTEC Inc (NASDAQ:MTC) rose to 52-week highs; rising 83.51% or 4.05 to 8.90.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.32% to 13.42.

Gold Futures for June delivery was up 0.82% or 19.10 to $2,362.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.09% or 0.86 to hit $78.26 a barrel, while the July Brent oil contract fell 0.94% or 0.78 to trade at $82.58 a barrel.

EUR/USD was unchanged 0.29% to 1.08, while USD/JPY rose 0.15% to 156.44.

The US Dollar Index Futures was down 0.19% at 104.90.

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