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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.85%

Published 11/16/2017, 03:25 PM
Updated 11/16/2017, 03:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.85%

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

At the close in NYSE, the Dow Jones Industrial Average added 0.85%, while the S&P 500 index climbed 0.89%, and the NASDAQ Composite index added 1.38%.

The best performers of the session on the Dow Jones Industrial Average were Wal-Mart Stores Inc (NYSE:WMT), which rose 10.15% or 9.12 points to trade at 98.95 at the close. Meanwhile, Cisco Systems Inc (NASDAQ:CSCO) added 5.88% or 2.00 points to end at 36.12 and DowDuPont Inc (NYSE:DWDP) was up 2.25% or 1.55 points to 70.53 in late trade.

The worst performers of the session were The Travelers Companies Inc (NYSE:TRV), which fell 1.61% or 2.15 points to trade at 131.56 at the close. Exxon Mobil Corporation (NYSE:XOM) declined 0.67% or 0.55 points to end at 80.67 and Chevron Corporation (NYSE:CVX) was down 0.49% or 0.57 points to 114.80.

The top performers on the S&P 500 were NetApp Inc (NASDAQ:NTAP) which rose 15.48% to 52.91, Wal-Mart Stores Inc (NYSE:WMT) which was up 10.15% to settle at 98.95 and JM Smucker Company (NYSE:SJM) which gained 9.61% to close at 116.75.

The worst performers were Best Buy Co Inc (NYSE:BBY) which was down 3.89% to 55.07 in late trade, Viacom B Inc (NASDAQ:VIAB) which lost 3.84% to settle at 23.66 and Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) which was down 1.75% to 54.105 at the close.

The top performers on the NASDAQ Composite were China Advanced Construction Materials (NASDAQ:CADC) which rose 202.27% to 6.650, OptimumBank Holdings Inc (NASDAQ:OPHC) which was up 155.12% to settle at 6.480 and Carver Bancorp Inc (NASDAQ:CARV) which gained 139.02% to close at 4.900.

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The worst performers were Intec Pharma Ltd (NASDAQ:NTEC) which was down 23.83% to 5.675 in late trade, CHF Solutions Inc (NASDAQ:CHFS) which lost 21.21% to settle at 13.000 and Rand Logistics Inc (NASDAQ:RLOG) which was down 20.63% to 0.5318 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2361 to 770 and 45 ended unchanged; on the Nasdaq Stock Exchange, 1968 rose and 558 declined, while 89 ended unchanged.

Shares in NetApp Inc (NASDAQ:NTAP) rose to 5-year highs; gaining 15.48% or 7.09 to 52.91. Shares in Wal-Mart Stores Inc (NYSE:WMT) rose to all time highs; up 10.15% or 9.12 to 98.95. Shares in Wal-Mart Stores Inc (NYSE:WMT) rose to all time highs; gaining 10.15% or 9.12 to 98.95. Shares in Cisco Systems Inc (NASDAQ:CSCO) rose to 5-year highs; gaining 5.88% or 2.00 to 36.12. Shares in China Advanced Construction Materials (NASDAQ:CADC) rose to 3-years highs; rising 202.27% or 4.450 to 6.650. Shares in OptimumBank Holdings Inc (NASDAQ:OPHC) rose to 52-week highs; up 155.12% or 3.940 to 6.480.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 10.21% to 11.79.

Gold Futures for December delivery was up 0.10% or 1.31 to $1279.01 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.34% or 0.19 to hit $55.14 a barrel, while the January Brent oil contract fell 0.76% or 0.47 to trade at $61.40 a barrel.

EUR/USD was down 0.23% to 1.1764, while USD/JPY rose 0.11% to 113.00.

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The US Dollar Index Futures was up 0.15% at 93.86.

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