Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 3.15%

Published 06/05/2020, 05:25 PM
Updated 06/05/2020, 05:25 PM
© Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 3.15%

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

At the close in NYSE, the Dow Jones Industrial Average added 3.15% to hit a new 3-months high, while the S&P 500 index gained 2.62%, and the NASDAQ Composite index climbed 2.06%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 11.46% or 21.13 points to trade at 205.43 at the close. Meanwhile, Exxon Mobil Corp (NYSE:XOM) added 8.11% or 3.98 points to end at 53.08 and Raytheon Technologies Corp (NYSE:RTX) was up 6.75% or 4.56 points to 72.07 in late trade.

The worst performers of the session were Walmart Inc (NYSE:WMT), which fell 0.45% or 0.55 points to trade at 121.56 at the close. Pfizer Inc (NYSE:PFE) declined 0.06% or 0.02 points to end at 35.99 and Johnson & Johnson (NYSE:JNJ) was up 0.39% or 0.57 points to 147.30.

The top performers on the S&P 500 were Occidental Petroleum Corporation (NYSE:OXY) which rose 33.70% to 20.79, Apache Corporation (NYSE:APA) which was up 23.62% to settle at 16.07 and Royal Caribbean Cruises Ltd (NYSE:RCL) which gained 20.37% to close at 69.44.

The worst performers were Nektar Therapeutics (NASDAQ:NKTR) which was down 3.59% to 22.27 in late trade, Clorox Co (NYSE:CLX) which lost 3.27% to settle at 197.57 and Cboe Global Markets Inc (NYSE:CBOE) which was down 3.16% to 97.84 at the close.

The top performers on the NASDAQ Composite were Oasis Petroleum Inc (NASDAQ:OAS) which rose 126.21% to 1.260, Extraction Oil & Gas Inc (NASDAQ:XOG) which was up 53.24% to settle at 0.425 and Destination XL Group Inc (NASDAQ:DXLG) which gained 52.22% to close at 0.548.

The worst performers were Dolphin Entertainment Inc (NASDAQ:DLPN) which was down 40.24% to 0.9800 in late trade, Titan Medical Inc (NASDAQ:TMDI) which lost 33.76% to settle at 1.0400 and Cinedigm Corp (NASDAQ:CIDM) which was down 24.52% to 2.7400 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2443 to 455 and 48 ended unchanged; on the Nasdaq Stock Exchange, 2007 rose and 687 declined, while 47 ended unchanged.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.00% to 24.52 a new 3-months low.

Gold Futures for August delivery was down 2.26% or 39.05 to $1688.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 4.12% or 1.54 to hit $38.95 a barrel, while the August Brent oil contract rose 4.95% or 1.98 to trade at $41.97 a barrel.

EUR/USD was down 0.40% to 1.1291, while USD/JPY rose 0.42% to 109.59.

The US Dollar Index Futures was up 0.29% at 96.938.

Latest comments

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.