U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.43%

U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.43%

Investing.com  | Oct 08, 2020 22:25

U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.43%

Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Oil & Gas, Utilities and Financials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.43% to hit a new 1-month high, while the S&P 500 index added 0.80%, and the NASDAQ Composite index gained 0.50%.

The biggest gainers of the session on the Dow Jones Industrial Average were International Business Machines (NYSE:IBM), which rose 5.98% or 7.42 points to trade at 131.49 at the close. American Express Company (NYSE:AXP) added 3.02% or 3.11 points to end at 106.06 and Dow Inc (NYSE:DOW) was up 2.24% or 1.08 points to 49.38 in late trade.

Biggest losers included Amgen Inc (NASDAQ:AMGN), which lost 6.82% or 17.58 points to trade at 240.09 in late trade. McDonald’s Corporation (NYSE:MCD) declined 0.30% or 0.68 points to end at 225.80 and Nike Inc (NYSE:NKE) shed 0.27% or 0.35 points to 129.71.

The top performers on the S&P 500 were Coty Inc (NYSE:COTY) which rose 12.31% to 3.74, Occidental Petroleum Corporation (NYSE:OXY) which was up 8.75% to settle at 11.18 and DXC Technology Co (NYSE:DXC) which gained 8.41% to close at 19.99.

The worst performers were Amgen Inc (NASDAQ:AMGN) which was down 6.82% to 240.09 in late trade, BorgWarner Inc (NYSE:BWA) which lost 3.49% to settle at 40.09 and Baxter International Inc (NYSE:BAX) which was down 3.43% to 78.85 at the close.

The top performers on the NASDAQ Composite were Consumer Portfolio Services Inc (NASDAQ:CPSS) which rose 40.84% to 4.69, Alphatec Holdings Inc (NASDAQ:ATEC) which was up 36.92% to settle at 9.42 and Scynexis Inc (NASDAQ:SCYX) which gained 33.99% to close at 6.150.

The worst performers were Cytokinetics Inc (NASDAQ:CYTK) which was down 42.14% to 16.00 in late trade, Ocean Power Technologies Inc (NASDAQ:OPTT) which lost 34.56% to settle at 1.9500 and Westwater Resources Inc (NASDAQ:WWR) which was down 33.45% to 7.800 at the close.

Advancing stocks outnumbered falling ones by 2365 to 724 and 96 ended unchanged; on the Nasdaq Stock Exchange, 1878 rose and 1019 declined, while 67 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 6.06% to 26.36.

In commodities trading, Gold Futures for December delivery was up 0.39% or 7.45 to $1898.25 a troy ounce. Meanwhile, Crude oil for delivery in November rose 3.33% or 1.33 to hit $41.28 a barrel, while the December Brent oil contract fell 0.02% or 0.01 to trade at $43.43 a barrel.

EUR/USD was down 0.04% to 1.1753, while USD/JPY rose 0.02% to 106.03.

The US Dollar Index Futures was down 0.06% at 93.623.

Related News

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
Write a reply...
Please wait a minute before you try to comment again.

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.

English (USA) English (India) English (Canada) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Español (España) Español (México) Français Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 简体中文 繁體中文 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी
Sign out
Are you sure you want to sign out?
Saving Changes


Download the Investing.com App

Get free real time quotes, charts and alerts on stocks, indices, currencies, commodities and bonds. Get free top of the line technical analysis/predictors.

Investing.com is better on the App!

More content, faster quotes and charts, and a smoother experience is available only on the App.