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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 2.17%

Stock Markets May 26, 2020 05:25PM ET
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© Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 2.17%

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

At the close in NYSE, the Dow Jones Industrial Average added 2.17% to hit a new 1-month high, while the S&P 500 index added 1.23%, and the NASDAQ Composite index climbed 0.17%.

The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 8.96% or 16.13 points to trade at 196.06 at the close. Meanwhile, Raytheon Technologies Corp (NYSE:RTX) added 7.45% or 4.47 points to end at 64.47 and Dow Inc (NYSE:DOW) was up 7.39% or 2.67 points to 38.79 in late trade.

The worst performers of the session were Microsoft Corporation (NASDAQ:MSFT), which fell 1.06% or 1.94 points to trade at 181.57 at the close. Apple Inc (NASDAQ:AAPL) declined 0.68% or 2.16 points to end at 316.73 and Procter & Gamble Company (NYSE:PG) was down 0.51% or 0.57 points to 112.03.

The top performers on the S&P 500 were Macy’s Inc (NYSE:M) which rose 18.43% to 6.17, Alliance Data Systems Corp (NYSE:ADS) which was up 17.53% to settle at 49.42 and United Airlines Holdings Inc (NASDAQ:UAL) which gained 16.30% to close at 29.54.

The worst performers were Take-Two Interactive Software Inc (NASDAQ:TTWO) which was down 7.34% to 130.20 in late trade, Vertex Pharmaceuticals Inc (NASDAQ:VRTX) which lost 6.48% to settle at 266.50 and Newmont Goldcorp Corp (NYSE:NEM) which was down 6.09% to 59.21 at the close.

The top performers on the NASDAQ Composite were MMTEC Inc (NASDAQ:MTC) which rose 86.36% to 2.050, Mitcham Industries Inc (NASDAQ:MIND) which was up 60.87% to settle at 1.850 and Luckin Coffee (NASDAQ:LK) which gained 53.24% to close at 2.13.

The worst performers were BioLineRx Ltd (NASDAQ:BLRX) which was down 30.96% to 1.650 in late trade, Atara Biotherapeutics Inc (NASDAQ:ATRA) which lost 23.57% to settle at 11.32 and Wins Finance Holdings Inc (NASDAQ:WINS) which was down 22.37% to 7.81 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2407 to 488 and 47 ended unchanged; on the Nasdaq Stock Exchange, 1843 rose and 831 declined, while 46 ended unchanged.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.53% to 28.01.

Gold Futures for June delivery was down 1.85% or 32.15 to $1703.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 2.65% or 0.88 to hit $34.13 a barrel, while the July Brent oil contract fell 0.03% or 0.01 to trade at $36.10 a barrel.

EUR/USD was up 0.03% to 1.0983, while USD/JPY rose 0.06% to 107.58.

The US Dollar Index Futures was down 0.90% at 98.993.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 2.17%
 

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