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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.27%

Published 05/18/2017, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.27%
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Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Telecoms, Consumer Services and Technology sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.27%, while the S&P 500 index added 0.37%, and the NASDAQ Composite index climbed 0.73%.

The best performers of the session on the Dow Jones Industrial Average were Wal-Mart Stores Inc (NYSE:WMT), which rose 3.22% or 2.42 points to trade at 77.54 at the close. Meanwhile, UnitedHealth Group Incorporated (NYSE:UNH) added 1.53% or 2.59 points to end at 171.45 and Apple Inc (NASDAQ:AAPL) was up 1.52% or 2.29 points to 152.54 in late trade.

The worst performers of the session were Cisco Systems Inc (NASDAQ:CSCO), which fell 7.21% or 2.44 points to trade at 31.38 at the close. Boeing Co (NYSE:BA) declined 0.77% or 1.38 points to end at 177.40 and Procter & Gamble Company (NYSE:PG) was down 0.45% or 0.39 points to 85.87.

The top performers on the S&P 500 were Incyte Corporation (NASDAQ:INCY) which rose 6.90% to 128.80, CarMax Inc (NYSE:KMX) which was up 6.15% to settle at 63.71 and NVIDIA Corporation (NASDAQ:NVDA) which gained 4.19% to close at 133.07.

The worst performers were Cisco Systems Inc (NASDAQ:CSCO) which was down 7.21% to 31.38 in late trade, Mallinckrodt (NYSE:MNK) which lost 3.54% to settle at 40.87 and Perrigo Co (NYSE:PRGO) which was down 3.52% to 70.50 at the close.

The top performers on the NASDAQ Composite were Glycomimetc (NASDAQ:GLYC) which rose 98.70% to 10.67, Aradigm Cor (NASDAQ:ARDM) which was up 32.98% to settle at 1.250 and SORL Auto Parts Inc (NASDAQ:SORL) which gained 24.50% to close at 6.910.

The worst performers were Endologix Inc (NASDAQ:ELGX) which was down 36.70% to 4.26 in late trade, Repros Therapeutics Inc (NASDAQ:RPRX) which lost 35.07% to settle at 0.52 and Stein Mart Inc (NASDAQ:SMRT) which was down 33.53% to 1.13 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1611 to 1609 and 35 ended unchanged; on the Nasdaq Stock Exchange, 1477 rose and 1020 declined, while 118 ended unchanged.

Shares in Mallinckrodt (NYSE:MNK) fell to all time lows; falling 3.54% or 1.50 to 40.87. Shares in Wal-Mart Stores Inc (NYSE:WMT) rose to 52-week highs; rising 3.22% or 2.42 to 77.54. Shares in Glycomimetc (NASDAQ:GLYC) rose to 3-years highs; gaining 98.70% or 5.30 to 10.67. Shares in Endologix Inc (NASDAQ:ELGX) fell to 5-year lows; falling 36.70% or 2.47 to 4.26. Shares in Repros Therapeutics Inc (NASDAQ:RPRX) fell to all time lows; falling 35.07% or 0.28 to 0.52. Shares in SORL Auto Parts Inc (NASDAQ:SORL) rose to 5-year highs; up 24.50% or 1.360 to 6.910. Shares in Stein Mart Inc (NASDAQ:SMRT) fell to 5-year lows; losing 33.53% or 0.57 to 1.13.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 6.29% to 14.61.

Gold Futures for June delivery was down 0.84% or 10.61 to $1248.09 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.55% or 0.27 to hit $49.34 a barrel, while the July Brent oil contract rose 0.54% or 0.28 to trade at $52.49 a barrel.

EUR/USD was down 0.46% to 1.1108, while USD/JPY rose 0.53% to 111.42.

The US Dollar Index Futures was up 0.40% at 97.73.

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