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 1.23%

Published 03/17/2022, 04:25 PM
Updated 03/17/2022, 04:25 PM
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.23%

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

At the close in NYSE, the Dow Jones Industrial Average gained 1.23%, while the S&P 500 index climbed 1.23%, and the NASDAQ Composite index added 1.33%.

The best performers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW), which rose 5.38% or 3.21 points to trade at 62.85 at the close. Meanwhile, American Express Company (NYSE:AXP) added 3.53% or 6.37 points to end at 186.98 and Caterpillar Inc (NYSE:CAT) was up 2.58% or 5.58 points to 221.66 in late trade.

The worst performers of the session were McDonald’s Corporation (NYSE:MCD), which fell 0.28% or 0.67 points to trade at 237.47 at the close. Verizon Communications Inc (NYSE:VZ) declined 0.25% or 0.13 points to end at 52.36 and Walmart Inc (NYSE:WMT) was up 0.08% or 0.12 points to 144.91.

The top performers on the S&P 500 were Devon Energy Corporation (NYSE:DVN) which rose 9.65% to 57.52, Occidental Petroleum Corporation (NYSE:OXY) which was up 9.45% to settle at 58.00 and APA Corporation (NASDAQ:APA) which gained 7.00% to close at 39.43.

The worst performers were SolarEdge Technologies Inc (NASDAQ:SEDG) which was down 5.85% to 314.60 in late trade, HP Inc (NYSE:HPQ) which lost 3.71% to settle at 34.48 and Advanced Micro Devices Inc (NASDAQ:AMD) which was down 3.19% to 111.69 at the close.

The top performers on the NASDAQ Composite were Kidpik Corp (NASDAQ:PIK) which rose 158.15% to 4.75, Cuentas Inc (NASDAQ:CUEN) which was up 54.55% to settle at 1.70 and Marrone Bio Innovations Inc (NASDAQ:MBII) which gained 49.70% to close at 1.05.

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

The worst performers were MDJM Ltd (NASDAQ:MDJH) which was down 25.36% to 2.06 in late trade, Akanda Corp (NASDAQ:AKAN) which lost 19.26% to settle at 8.89 and Apptech Corp (NASDAQ:APCX) which was down 16.00% to 1.05 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2544 to 665 and 81 ended unchanged; on the Nasdaq Stock Exchange, 2910 rose and 947 declined, while 128 ended unchanged.

Shares in Akanda Corp (NASDAQ:AKAN) fell to all time lows; down 19.26% or 2.12 to 8.89.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.75% to 25.67.

Gold Futures for April delivery was up 1.50% or 28.65 to $1,937.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 8.64% or 8.21 to hit $103.25 a barrel, while the May Brent oil contract rose 8.81% or 8.64 to trade at $106.66 a barrel.

EUR/USD was up 0.58% to 1.11, while USD/JPY fell 0.05% to 118.67.

The US Dollar Index Futures was down 0.62% at 98.01.

Latest comments

please how can i invest her
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.