Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.09%

Published 01/08/2019, 04:25 PM
Updated 01/08/2019, 04:26 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.09%

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

At the close in NYSE, the Dow Jones Industrial Average added 1.09%, while the S&P 500 index climbed 0.97%, and the NASDAQ Composite index added 1.08%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 3.79% or 12.42 points to trade at 340.53 at the close. Meanwhile, Verizon Communications Inc (NYSE:VZ) added 2.93% or 1.66 points to end at 58.38 and Johnson & Johnson (NYSE:JNJ) was up 2.32% or 2.95 points to 129.96 in late trade.

The worst performers of the session were Chevron Corp (NYSE:CVX), which fell 0.44% or 0.49 points to trade at 111.77 at the close. The Travelers Companies Inc (NYSE:TRV) declined 0.39% or 0.46 points to end at 117.84 and Goldman Sachs Group Inc (NYSE:GS) was down 0.37% or 0.65 points to 175.37.

The top performers on the S&P 500 were Union Pacific Corporation (NYSE:UNP) which rose 8.73% to 150.75, Monster Beverage Corp (NASDAQ:MNST) which was up 6.23% to settle at 52.83 and KKR & Co LP (F:KR51) which gained 5.59% to close at 18.33.

The worst performers were Pacific Gas & Electric Co (NYSE:PCG) which was down 7.34% to 17.56 in late trade, Illumina Inc (NASDAQ:ILMN) which lost 4.59% to settle at 293.75 and Gap Inc (NYSE:GPS) which was down 4.21% to 25.22 at the close.

The top performers on the NASDAQ Composite were CLPS Inc (NASDAQ:CLPS) which rose 100.32% to 6.35, Microbot Medical Inc (NASDAQ:MBOT) which was up 46.83% to settle at 2.7750 and Phunware Inc (NASDAQ:PHUN) which gained 36.41% to close at 85.00.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were ContraFect Corp (NASDAQ:CFRX) which was down 21.85% to 0.683 in late trade, Electrocore LLC (NASDAQ:ECOR) which lost 19.09% to settle at 5.89 and GWG Holdings Inc (NASDAQ:GWGH) which was down 18.53% to 7.52 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2374 to 708 and 70 ended unchanged; on the Nasdaq Stock Exchange, 1777 rose and 874 declined, while 70 ended unchanged.

Shares in Pacific Gas & Electric Co (NYSE:PCG) fell to 5-year lows; falling 7.34% or 1.39 to 17.56. Shares in ContraFect Corp (NASDAQ:CFRX) fell to all time lows; losing 21.85% or 0.191 to 0.683. Shares in Phunware Inc (NASDAQ:PHUN) rose to all time highs; gaining 36.41% or 22.69 to 85.00.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.35% to 20.47 a new 1-month low.

Gold Futures for February delivery was down 0.29% or 3.70 to $1286.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.49% or 1.21 to hit $49.73 a barrel, while the March Brent oil contract rose 2.30% or 1.32 to trade at $58.65 a barrel.

EUR/USD was down 0.28% to 1.1442, while USD/JPY rose 0.09% to 108.80.

The US Dollar Index Futures was up 0.29% at 95.502.

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.