Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.28%

Published 12/20/2022, 04:25 PM
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.28%

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

At the close in NYSE, the Dow Jones Industrial Average added 0.28%, while the S&P 500 index climbed 0.10%, and the NASDAQ Composite index added 0.01%.

The best performers of the session on the Dow Jones Industrial Average were International Business Machines (NYSE:IBM), which rose 2.01% or 2.79 points to trade at 141.66 at the close. Meanwhile, Chevron Corp (NYSE:CVX) added 1.64% or 2.79 points to end at 172.67 and Walt Disney Company (NYSE:DIS) was up 1.45% or 1.24 points to 87.02 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 1.31% or 0.35 points to trade at 26.44 at the close. 3M Company (NYSE:MMM) declined 1.08% or 1.32 points to end at 120.81 and Home Depot Inc (NYSE:HD) was down 0.79% or 2.51 points to 314.82.

The top performers on the S&P 500 were Moderna Inc (NASDAQ:MRNA) which rose 5.94% to 201.16, Newmont Goldcorp Corp (NYSE:NEM) which was up 4.43% to settle at 47.62 and Schlumberger NV (NYSE:SLB) which gained 3.95% to close at 51.80.

The worst performers were Tesla Inc (NASDAQ:TSLA) which was down 8.05% to 137.80 in late trade, FactSet Research Systems Inc (NYSE:FDS) which lost 5.28% to settle at 397.73 and General Mills Inc (NYSE:GIS) which was down 4.58% to 83.13 at the close.

The top performers on the NASDAQ Composite were Icecure Medical Ltd (NASDAQ:ICCM) which rose 177.60% to 2.60, Erayak Power Solution Group Inc (NASDAQ:RAYA) which was up 47.54% to settle at 2.70 and E-Home Household Service Holdings Ltd (NASDAQ:EJH) which gained 39.93% to close at 0.53.

The worst performers were Magenta Therapeutics Inc (NASDAQ:MGTA) which was down 52.71% to 0.39 in late trade, Biovie Inc (NASDAQ:BIVI) which lost 39.36% to settle at 6.07 and BeyondSpring Inc (NASDAQ:BYSI) which was down 35.25% to 1.69 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1692 to 1408 and 98 ended unchanged; on the Nasdaq Stock Exchange, 1904 rose and 1827 declined, while 177 ended unchanged.

Shares in Tesla Inc (NASDAQ:TSLA) fell to 52-week lows; losing 8.05% or 12.07 to 137.80. Shares in Magenta Therapeutics Inc (NASDAQ:MGTA) fell to all time lows; falling 52.71% or 0.44 to 0.39.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.19% to 21.48.

Gold Futures for February delivery was up 1.70% or 30.65 to $1,828.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.74% or 0.56 to hit $75.94 a barrel, while the February Brent oil contract fell 0.13% or 0.10 to trade at $79.70 a barrel.

EUR/USD was unchanged 0.18% to 1.06, while USD/JPY fell 3.81% to 131.66.

The US Dollar Index Futures was down 0.71% at 103.61.

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.