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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.30%

Published 08/26/2020, 05:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.30%
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Investing.com – U.S. stocks were higher after the close on Wednesday, as gains in the Technology, Consumer Services and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.30% to hit a new 6-months high, while the S&P 500 index added 1.02%, and the NASDAQ Composite index added 1.73%.

The best performers of the session on the Dow Jones Industrial Average were Microsoft Corporation (NASDAQ:MSFT), which rose 2.16% or 4.68 points to trade at 221.15 at the close. Meanwhile, Home Depot Inc (NYSE:HD) added 2.03% or 5.80 points to end at 291.93 and Walt Disney Company (NYSE:DIS) was up 1.84% or 2.39 points to 132.18 in late trade.

The worst performers of the session were Exxon Mobil Corp (NYSE:XOM), which fell 2.13% or 0.87 points to trade at 40.01 at the close. Walgreens Boots Alliance Inc (NASDAQ:WBA) declined 2.10% or 0.83 points to end at 38.67 and The Travelers Companies Inc (NYSE:TRV) was down 1.80% or 2.08 points to 113.54.

The top performers on the S&P 500 were Salesforce.com Inc (NYSE:CRM) which rose 26.04% to 272.32, Netflix Inc (NASDAQ:NFLX) which was up 11.61% to settle at 547.53 and Adobe Systems Incorporated (NASDAQ:ADBE) which gained 9.10% to close at 528.49.

The worst performers were Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which was down 6.15% to 15.72 in late trade, Nordstrom Inc (NYSE:JWN) which lost 5.47% to settle at 14.69 and SL Green Realty Corp (NYSE:SLG) which was down 4.83% to 47.12 at the close.

The top performers on the NASDAQ Composite were Bigcommerce Holdings Inc (NASDAQ:BIGC) which rose 33.54% to 139.00, Fluent Inc (NASDAQ:FLNT) which was up 31.88% to settle at 3.020 and Fluidigm Corporation (NASDAQ:FLDM) which gained 30.03% to close at 11.43.

The worst performers were OUTLOOK THERAPEUTICS INC (NASDAQ:OTLK) which was down 36.33% to 0.815 in late trade, CohBar Inc (NASDAQ:CWBR) which lost 32.64% to settle at 0.970 and Sphere 3D Corp (NASDAQ:ANY) which was down 28.89% to 1.9200 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1850 to 1192 and 98 ended unchanged; on the Nasdaq Stock Exchange, 1701 fell and 1112 advanced, while 64 ended unchanged.

Shares in Salesforce.com Inc (NYSE:CRM) rose to all time highs; gaining 26.04% or 56.27 to 272.32. Shares in Adobe Systems Incorporated (NASDAQ:ADBE) rose to all time highs; gaining 9.10% or 44.06 to 528.49. Shares in Microsoft Corporation (NASDAQ:MSFT) rose to all time highs; gaining 2.16% or 4.68 to 221.15. Shares in Home Depot Inc (NYSE:HD) rose to all time highs; gaining 2.03% or 5.80 to 291.93. Shares in Bigcommerce Holdings Inc (NASDAQ:BIGC) rose to all time highs; up 33.54% or 34.91 to 139.00. Shares in CohBar Inc (NASDAQ:CWBR) fell to 3-years lows; losing 32.64% or 0.470 to 0.970. Shares in Fluidigm Corporation (NASDAQ:FLDM) rose to 52-week highs; up 30.03% or 2.64 to 11.43.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 5.63% to 23.27.

Gold Futures for December delivery was up 2.04% or 39.30 to $1962.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.16% or 0.07 to hit $43.42 a barrel, while the November Brent oil contract rose 0.19% or 0.09 to trade at $46.29 a barrel.

EUR/USD was up 0.02% to 1.1831, while USD/JPY rose 0.01% to 105.99.

The US Dollar Index Futures was down 0.13% at 92.900.

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