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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.95%

Published 11/03/2020, 03:25 PM
Updated 11/03/2020, 03:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.95%

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

At the close in NYSE, the Dow Jones Industrial Average rose 1.95%, while the S&P 500 index added 1.68%, and the NASDAQ Composite index added 1.79%.

The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 4.10% or 7.80 points to trade at 198.00 at the close. Meanwhile, Walgreens Boots Alliance Inc (NASDAQ:WBA) added 3.90% or 1.40 points to end at 37.19 and Boeing Co (NYSE:BA) was up 3.38% or 5.03 points to 153.63 in late trade.

The worst performers of the session were Chevron Corp (NYSE:CVX), which fell 0.78% or 0.56 points to trade at 71.59 at the close. Johnson & Johnson (NYSE:JNJ) declined 0.53% or 0.73 points to end at 137.96 and Amgen Inc (NASDAQ:AMGN) was down 0.22% or 0.48 points to 219.73.

The top performers on the S&P 500 were Arista Networks (NYSE:ANET) which rose 15.32% to 249.24, Gartner Inc (NYSE:IT) which was up 12.15% to settle at 140.21 and Nordstrom Inc (NYSE:JWN) which gained 10.43% to close at 13.45.

The worst performers were Mosaic Co (NYSE:MOS) which was down 13.45% to 16.93 in late trade, Leggett & Platt Incorporated (NYSE:LEG) which lost 5.01% to settle at 41.34 and PayPal Holdings Inc (NASDAQ:PYPL) which was down 4.24% to 179.79 at the close.

The top performers on the NASDAQ Composite were Alaska Communications Systems (NASDAQ:ALSK) which rose 59.69% to 3.050, Aptevo Therapeutics Inc (NASDAQ:APVO) which was up 54.76% to settle at 9.7500 and Beasley Broadcast Group Inc (NASDAQ:BBGI) which gained 36.29% to close at 1.69.

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The worst performers were ATIF Holdings Ltd (NASDAQ:ATIF) which was down 41.30% to 0.769 in late trade, SolarEdge Technologies Inc (NASDAQ:SEDG) which lost 23.75% to settle at 204.13 and OneSpan Inc (NASDAQ:OSPN) which was down 18.48% to 18.35 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2392 to 504 and 67 ended unchanged; on the Nasdaq Stock Exchange, 2232 rose and 540 declined, while 52 ended unchanged.

Shares in Alaska Communications Systems (NASDAQ:ALSK) rose to 5-year highs; up 59.69% or 1.140 to 3.050. Shares in ATIF Holdings Ltd (NASDAQ:ATIF) fell to all time lows; falling 41.30% or 0.541 to 0.769.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.96% to 35.29.

Gold Futures for December delivery was up 0.82% or 15.60 to $1908.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.61% or 0.96 to hit $37.77 a barrel, while the January Brent oil contract rose 2.13% or 0.83 to trade at $39.80 a barrel.

EUR/USD was up 0.49% to 1.1697, while USD/JPY fell 0.11% to 104.59.

The US Dollar Index Futures was down 0.56% at 93.618.

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