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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.70%

Published 12/23/2020, 03:25 PM
Updated 12/23/2020, 03:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.70%

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

At the close in NYSE, the Dow Jones Industrial Average gained 0.70%, while the S&P 500 index added 0.44%, and the NASDAQ Composite index added 0.09%.

The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 3.08% or 7.70 points to trade at 257.79 at the close. Meanwhile, JPMorgan Chase & Co (NYSE:JPM) added 3.02% or 3.67 points to end at 125.34 and Walt Disney Company (NYSE:DIS) was up 2.29% or 3.90 points to 174.35 in late trade.

The worst performers of the session were Salesforce.com Inc (NYSE:CRM), which fell 1.02% or 2.35 points to trade at 228.82 at the close. Microsoft Corporation (NASDAQ:MSFT) declined 0.75% or 1.67 points to end at 222.27 and Cisco Systems Inc (NASDAQ:CSCO) was down 0.45% or 0.20 points to 44.49.

The top performers on the S&P 500 were Macy’s Inc (NYSE:M) which rose 9.97% to 11.14, Diamondback Energy Inc (NASDAQ:FANG) which was up 9.13% to settle at 48.07 and Marathon Oil Corporation (NYSE:MRO) which gained 8.08% to close at 6.82.

The worst performers were International Flavors & Fragrances Inc (NYSE:IFF) which was down 3.08% to 111.42 in late trade, MarketAxess Holdings Inc (NASDAQ:MKTX) which lost 2.64% to settle at 574.75 and PulteGroup Inc (NYSE:PHM) which was down 2.27% to 44.38 at the close.

The top performers on the NASDAQ Composite were Yumanity Therapeutics Inc (NASDAQ:YMTX) which rose 1000.00% to 20.900, Ocugen, Inc (NASDAQ:OCGN) which was up 239.05% to settle at 2.7300 and Jaguar Health Inc (NASDAQ:JAGX) which gained 172.87% to close at 1.0800.

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The worst performers were Cellectar Biosciences Inc (NASDAQ:CLRB) which was down 27.08% to 2.020 in late trade, Microvision Inc (NASDAQ:MVIS) which lost 27.35% to settle at 6.7350 and Aurora Mobile Ltd (NASDAQ:JG) which was down 20.67% to 3.800 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2224 to 853 and 90 ended unchanged; on the Nasdaq Stock Exchange, 1904 rose and 1082 declined, while 78 ended unchanged.

Shares in Goldman Sachs Group Inc (NYSE:GS) rose to 52-week highs; rising 3.08% or 7.70 to 257.79. Shares in Yumanity Therapeutics Inc (NASDAQ:YMTX) rose to all time highs; gaining 1000.00% or 19.790 to 20.900. Shares in Ocugen, Inc (NASDAQ:OCGN) rose to 52-week highs; up 239.05% or 1.9248 to 2.7300. Shares in Jaguar Health Inc (NASDAQ:JAGX) rose to 52-week highs; gaining 172.87% or 0.6842 to 1.0800.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.80% to 22.34.

Gold Futures for February delivery was up 0.23% or 4.35 to $1874.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.25% or 1.06 to hit $48.08 a barrel, while the March Brent oil contract rose 1.97% or 0.99 to trade at $51.15 a barrel.

EUR/USD was up 0.13% to 1.2177, while USD/JPY fell 0.01% to 103.61.

The US Dollar Index Futures was down 0.21% at 90.352.

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