Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.80%

Published 05/10/2018, 04:25 PM
Updated 05/10/2018, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.80%

© Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.80%

Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Telecoms, Utilities and Technology sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.80%, while the S&P 500 index added 0.94%, and the NASDAQ Composite index climbed 0.89%.

The best performers of the session on the Dow Jones Industrial Average were Exxon Mobil Corp (NYSE:XOM), which rose 2.24% or 1.79 points to trade at 81.72 at the close. Meanwhile, UnitedHealth Group Incorporated (NYSE:UNH) added 1.96% or 4.50 points to end at 233.71 and Verizon Communications Inc (NYSE:VZ) was up 1.77% or 0.82 points to 47.20 in late trade.

The worst performers of the session were Nike Inc (NYSE:NKE), which fell 0.04% or 0.03 points to trade at 67.92 at the close. Chevron Corp (NYSE:CVX) added 0.08% or 0.10 points to end at 128.82 and Visa Inc (NYSE:V) was up 0.12% or 0.16 points to 131.00.

The top performers on the S&P 500 were CenturyLink Inc (NYSE:CTL) which rose 7.54% to 19.40, Discovery Communications C Inc (NASDAQ:DISCK) which was up 6.92% to settle at 22.57 and Discovery Inc Class A (NASDAQ:DISCA) which gained 6.91% to close at 23.82.

The worst performers were L Brands Inc (NYSE:LB) which was down 7.15% to 31.68 in late trade, TechnipFMC PLC (NYSE:FTI) which lost 5.55% to settle at 31.65 and Booking Holdings Inc (NASDAQ:BKNG) which was down 4.74% to 2080.02 at the close.

The top performers on the NASDAQ Composite were ARMO Biosciences Inc (NASDAQ:ARMO) which rose 67.00% to 49.80, Turtle Beach Corp (NASDAQ:HEAR) which was up 64.55% to settle at 11.420 and Cherokee Inc (NASDAQ:CHKE) which gained 28.77% to close at 0.94.

The worst performers were Amedica Corp (NASDAQ:AMDA) which was down 52.70% to 1.140 in late trade, Integrated Media Technology Ltd (NASDAQ:IMTE) which lost 32.85% to settle at 11.18 and Stellar Biotechnologies Inc (NASDAQ:SBOT) which was down 31.45% to 3.880 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2177 to 886 and 128 ended unchanged; on the Nasdaq Stock Exchange, 1498 rose and 1050 declined, while 112 ended unchanged.

Shares in L Brands Inc (NYSE:LB) fell to 5-year lows; falling 7.15% or 2.44 to 31.68. Shares in Visa Inc (NYSE:V) rose to all time highs; gaining 0.12% or 0.16 to 131.00. Shares in Turtle Beach Corp (NASDAQ:HEAR) rose to 3-years highs; rising 64.55% or 4.480 to 11.420. Shares in Stellar Biotechnologies Inc (NASDAQ:SBOT) fell to 52-week lows; down 31.45% or 1.780 to 3.880.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.86% to 13.17 a new 3-months low.

Gold Futures for June delivery was up 0.63% or 8.30 to $1321.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.35% or 0.25 to hit $71.39 a barrel, while the July Brent oil contract rose 0.30% or 0.23 to trade at $77.44 a barrel.

EUR/USD was up 0.60% to 1.1921, while USD/JPY fell 0.28% to 109.41.

The US Dollar Index Futures was down 0.42% at 92.56.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.