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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.57%

Stock Markets Aug 28, 2020 05:25PM ET
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© Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.57%
 
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Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Oil & Gas, Basic Materials and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.57% to hit a new 6-months high, while the S&P 500 index gained 0.67%, and the NASDAQ Composite index added 0.60%.

The best performers of the session on the Dow Jones Industrial Average were Coca-Cola Company (NYSE:KO), which rose 3.32% or 1.60 points to trade at 49.83 at the close. Meanwhile, Walmart Inc (NYSE:WMT) added 2.69% or 3.67 points to end at 140.30 and Exxon Mobil Corp (NYSE:XOM) was up 2.39% or 0.95 points to 40.69 in late trade.

The worst performers of the session were Walgreens Boots Alliance Inc (NASDAQ:WBA), which fell 1.47% or 0.58 points to trade at 38.76 at the close. Goldman Sachs Group Inc (NYSE:GS) declined 1.16% or 2.44 points to end at 207.71 and The Travelers Companies Inc (NYSE:TRV) was down 1.10% or 1.29 points to 115.89.

The top performers on the S&P 500 were Western Digital Corporation (NASDAQ:WDC) which rose 7.38% to 37.84, Carnival Corporation (NYSE:CCL) which was up 6.76% to settle at 17.21 and Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which gained 6.25% to close at 17.69.

The worst performers were eBay Inc (NASDAQ:EBAY) which was down 3.62% to 54.27 in late trade, Tractor Supply Company (NASDAQ:TSCO) which lost 2.72% to settle at 146.91 and ABIOMED Inc (NASDAQ:ABMD) which was down 2.59% to 303.04 at the close.

The top performers on the NASDAQ Composite were VivoPower International PLC (NASDAQ:VVPR) which rose 69.06% to 8.250, Edesa Biotech Inc (NASDAQ:EDSA) which was up 40.28% to settle at 8.15 and Sphere 3D Corp (NASDAQ:ANY) which gained 29.94% to close at 2.3000.

The worst performers were Destination XL Group Inc (NASDAQ:DXLG) which was down 21.09% to 0.355 in late trade, Uxin Ltd (NASDAQ:UXIN) which lost 13.33% to settle at 0.910 and Oncternal Therapeutics Inc (NASDAQ:ONCT) which was down 12.24% to 2.15 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2144 to 916 and 75 ended unchanged; on the Nasdaq Stock Exchange, 1831 rose and 950 declined, while 94 ended unchanged.

Shares in Walmart Inc (NYSE:WMT) rose to all time highs; gaining 2.69% or 3.67 to 140.30. Shares in VivoPower International PLC (NASDAQ:VVPR) rose to all time highs; gaining 69.06% or 3.370 to 8.250. Shares in Uxin Ltd (NASDAQ:UXIN) fell to all time lows; losing 13.33% or 0.140 to 0.910. Shares in Oncternal Therapeutics Inc (NASDAQ:ONCT) fell to all time lows; down 12.24% or 0.30 to 2.15.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 6.17% to 22.96.

Gold Futures for December delivery was up 2.09% or 40.40 to $1973.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.19% or 0.08 to hit $42.96 a barrel, while the November Brent oil contract rose 0.59% or 0.27 to trade at $45.87 a barrel.

EUR/USD was up 0.68% to 1.1901, while USD/JPY fell 1.11% to 105.36.

The US Dollar Index Futures was down 0.76% at 92.287.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.57%
 

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