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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.20%

Published 08/16/2019, 05:25 PM
Updated 08/16/2019, 05:25 PM
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.20%

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

At the close in NYSE, the Dow Jones Industrial Average gained 1.20%, while the S&P 500 index climbed 1.44%, and the NASDAQ Composite index climbed 1.67%.

The best performers of the session on the Dow Jones Industrial Average were 3M Company (NYSE:MMM), which rose 2.99% or 4.69 points to trade at 161.53 at the close. Meanwhile, Dow Inc (NYSE:DOW) added 2.60% or 1.13 points to end at 44.51 and Walgreens Boots Alliance Inc (NASDAQ:WBA) was up 2.41% or 1.19 points to 50.48 in late trade.

The worst performers of the session were Chevron Corp (NYSE:CVX), which rose 0.02% or 0.02 points to trade at 115.78 at the close. McDonald’s Corporation (NYSE:MCD) added 0.09% or 0.19 points to end at 218.46 and Walmart Inc (NYSE:WMT) was up 0.25% or 0.28 points to 112.97.

The top performers on the S&P 500 were General Electric Company (NYSE:GE) which rose 9.68% to 8.79, NVIDIA Corporation (NASDAQ:NVDA) which was up 7.25% to settle at 159.56 and Westinghouse Air Brake Technologies Corp (NYSE:WAB) which gained 6.90% to close at 66.610.

The worst performers were Alliance Data Systems Corp (NYSE:ADS) which was down 9.06% to 138.69 in late trade, TripAdvisor Inc (NASDAQ:TRIP) which lost 1.20% to settle at 37.99 and Applied Materials Inc (NASDAQ:AMAT) which was down 1.12% to 46.63 at the close.

The top performers on the NASDAQ Composite were Plus Therapeutics Inc (NASDAQ:PSTV) which rose 272.16% to 14.4400, Solid Biosciences LLC (NASDAQ:SLDB) which was up 43.25% to settle at 8.81 and Organogenesis Holdings Inc (NASDAQ:ORGO) which gained 29.13% to close at 4.610.

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The worst performers were OptimumBank Holdings Inc (NASDAQ:OPHC) which was down 35.76% to 2.120 in late trade, SAExploration Holdings Inc (NASDAQ:SAEX) which lost 31.69% to settle at 2.220 and Yangtze River Port and Logistics Ltd (NASDAQ:YRIV) which was down 25.67% to 0.60 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2366 to 628 and 24 ended unchanged; on the Nasdaq Stock Exchange, 2124 rose and 568 declined, while 62 ended unchanged.

Shares in TripAdvisor Inc (NASDAQ:TRIP) fell to 52-week lows; down 1.20% or 0.46 to 37.99. Shares in OptimumBank Holdings Inc (NASDAQ:OPHC) fell to 52-week lows; down 35.76% or 1.180 to 2.120.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 12.80% to 18.47.

Gold Futures for December delivery was down 0.48% or 7.40 to $1523.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.83% or 0.45 to hit $54.92 a barrel, while the October Brent oil contract rose 0.79% or 0.46 to trade at $58.69 a barrel.

EUR/USD was down 0.14% to 1.1091, while USD/JPY rose 0.25% to 106.38.

The US Dollar Index Futures was up 0.06% at 98.062.

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