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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.77%

Published 01/20/2021, 03:25 PM
Updated 01/20/2021, 03:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.77%

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

At the close in NYSE, the Dow Jones Industrial Average gained 0.77% to hit a new all time high, while the S&P 500 index gained 1.48%, and the NASDAQ Composite index climbed 2.12%.

The best performers of the session on the Dow Jones Industrial Average were Microsoft Corporation (NASDAQ:MSFT), which rose 4.08% or 8.84 points to trade at 225.28 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) added 3.42% or 4.37 points to end at 132.20 and Salesforce.com Inc (NYSE:CRM) was up 3.04% or 6.58 points to 223.34 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 1.67% or 4.91 points to trade at 289.29 at the close. JPMorgan Chase & Co (NYSE:JPM) declined 1.65% or 2.28 points to end at 135.76 and Procter & Gamble Company (NYSE:PG) was down 1.22% or 1.64 points to 131.97.

The top performers on the S&P 500 were Netflix Inc (NASDAQ:NFLX) which rose 17.93% to 591.73, Ford Motor Company (NYSE:F) which was up 7.58% to settle at 10.78 and Invesco Plc (NYSE:IVZ) which gained 6.32% to close at 21.53.

The worst performers were Bank of New York Mellon (NYSE:BK) which was down 7.03% to 42.60 in late trade, U.S. Bancorp (NYSE:USB) which lost 4.89% to settle at 45.72 and TechnipFMC PLC (NYSE:FTI) which was down 4.10% to 11.24 at the close.

The top performers on the NASDAQ Composite were Obalon Therapeutics Inc (NASDAQ:OBLN) which rose 471.43% to 9.200, Caladrius Biosciences Inc (NASDAQ:CLBS) which was up 108.59% to settle at 3.40 and Adamis Pharma (NASDAQ:ADMP) which gained 90.06% to close at 1.5300.

The worst performers were China Natural Resources Inc (NASDAQ:CHNR) which was down 23.18% to 1.790 in late trade, BioLineRx Ltd (NASDAQ:BLRX) which lost 22.71% to settle at 2.450 and Gevo Inc (NASDAQ:GEVO) which was down 21.17% to 8.695 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1911 to 1177 and 81 ended unchanged; on the Nasdaq Stock Exchange, 1590 rose and 1478 declined, while 58 ended unchanged.

Shares in Netflix Inc (NASDAQ:NFLX) rose to all time highs; gaining 17.93% or 89.96 to 591.73. Shares in Ford Motor Company (NYSE:F) rose to 52-week highs; up 7.58% or 0.76 to 10.78. Shares in Invesco Plc (NYSE:IVZ) rose to 52-week highs; up 6.32% or 1.28 to 21.53. Shares in Obalon Therapeutics Inc (NASDAQ:OBLN) rose to 52-week highs; rising 471.43% or 7.590 to 9.200. Shares in Caladrius Biosciences Inc (NASDAQ:CLBS) rose to 52-week highs; gaining 108.59% or 1.77 to 3.40. Shares in Adamis Pharma (NASDAQ:ADMP) rose to 52-week highs; rising 90.06% or 0.7250 to 1.5300.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.44% to 21.51 a new 1-month low.

Gold Futures for February delivery was up 1.55% or 28.55 to $1868.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.04% or 0.02 to hit $53.00 a barrel, while the March Brent oil contract fell 0.25% or 0.14 to trade at $55.76 a barrel.

EUR/USD was down 0.20% to 1.2104, while USD/JPY fell 0.35% to 103.53.

The US Dollar Index Futures was up 0.00% at 90.477.

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