Breaking News
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.63%

Stock Markets Aug 10, 2022 04:25PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.63%

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

At the close in NYSE, the Dow Jones Industrial Average rose 1.63% to hit a new 3-months high, while the S&P 500 index gained 2.13%, and the NASDAQ Composite index climbed 2.89%.

The best performers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE:DIS), which rose 3.98% or 4.30 points to trade at 112.43 at the close. Meanwhile, Salesforce.com Inc (NYSE:CRM) added 3.50% or 6.37 points to end at 188.61 and Goldman Sachs Group Inc (NYSE:GS) was up 3.35% or 11.29 points to 347.91 in late trade.

The worst performers of the session were Merck & Company Inc (NYSE:MRK), which fell 0.37% or 0.33 points to trade at 89.19 at the close. UnitedHealth Group Incorporated (NYSE:UNH) added 0.09% or 0.46 points to end at 537.72 and Walmart Inc (NYSE:WMT) was up 0.21% or 0.27 points to 129.14.

The top performers on the S&P 500 were Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which rose 11.82% to 13.53, Royal Caribbean Cruises Ltd (NYSE:RCL) which was up 9.74% to settle at 41.67 and Carnival Corporation (NYSE:CCL) which gained 9.19% to close at 10.34.

The worst performers were CME Group Inc (NASDAQ:CME) which was down 2.24% to 198.40 in late trade, Dollar Tree Inc (NASDAQ:DLTR) which lost 1.76% to settle at 165.97 and Ralph Lauren Corp Class A (NYSE:RL) which was down 1.29% to 95.52 at the close.

The top performers on the NASDAQ Composite were Bioatla Inc (NASDAQ:BCAB) which rose 83.10% to 6.61, Amyris Inc (NASDAQ:AMRS) which was up 41.92% to settle at 3.25 and Infinity Pharmaceuticals Inc (NASDAQ:INFI) which gained 39.19% to close at 1.03.

The worst performers were Redbox Entertainment Inc (NASDAQ:RDBX) which was down 52.86% to 1.65 in late trade, OPTIMIZERx Corp (NASDAQ:OPRX) which lost 30.02% to settle at 15.57 and IsoPlexis Corp (NASDAQ:ISO) which was down 30.00% to 2.10 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2666 to 462 and 109 ended unchanged; on the Nasdaq Stock Exchange, 2955 rose and 830 declined, while 199 ended unchanged.

Shares in Redbox Entertainment Inc (NASDAQ:RDBX) fell to all time lows; falling 52.86% or 1.85 to 1.65. Shares in OPTIMIZERx Corp (NASDAQ:OPRX) fell to 52-week lows; falling 30.02% or 6.68 to 15.57.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.32% to 19.74 a new 3-months low.

Gold Futures for December delivery was down 0.28% or 5.10 to $1,807.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.14% or 1.03 to hit $91.53 a barrel, while the October Brent oil contract rose 0.74% or 0.71 to trade at $97.02 a barrel.

EUR/USD was up 0.88% to 1.03, while USD/JPY fell 1.64% to 132.91.

The US Dollar Index Futures was down 1.09% at 105.10.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.63%
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email