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

Published 07/27/2020, 05:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.43%
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Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Technology, Basic Materials and Consumer Goods sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.43%, while the S&P 500 index added 0.74%, and the NASDAQ Composite index gained 1.67%.

The best performers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW), which rose 3.26% or 1.39 points to trade at 44.00 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 2.37% or 1.83 points to end at 78.93 and Apple Inc (NASDAQ:AAPL) was up 2.37% or 8.78 points to 379.24 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 2.04% or 3.55 points to trade at 170.21 at the close. Intel Corporation (NASDAQ:INTC) declined 2.02% or 1.02 points to end at 49.57 and Walgreens Boots Alliance Inc (NASDAQ:WBA) was down 1.65% or 0.67 points to 39.84.

The top performers on the S&P 500 were Alexion Pharmaceuticals Inc (NASDAQ:ALXN) which rose 5.28% to 106.85, Weyerhaeuser Company (NYSE:WY) which was up 5.25% to settle at 27.48 and Biogen Inc (NASDAQ:BIIB) which gained 5.09% to close at 286.19.

The worst performers were Hasbro Inc (NASDAQ:HAS) which was down 7.41% to 71.84 in late trade, Carnival Corporation (NYSE:CCL) which lost 7.09% to settle at 13.75 and Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which was down 6.95% to 13.38 at the close.

The top performers on the NASDAQ Composite were Wilhelmina (NASDAQ:WHLM) which rose 108.84% to 7.80, MediciNova Inc (NASDAQ:MNOV) which was up 95.04% to settle at 11.00 and Histogenics Corp (NASDAQ:OCGN) which gained 66.62% to close at 0.6280.

The worst performers were WiMi Hologram Cloud Inc (NASDAQ:WIMI) which was down 34.97% to 7.29 in late trade, Ascena Retail Group Inc (NASDAQ:ASNA) which lost 33.33% to settle at 0.86 and Professional Diversity Network Inc (NASDAQ:IPDN) which was down 31.09% to 1.3300 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1838 to 1234 and 67 ended unchanged; on the Nasdaq Stock Exchange, 1637 rose and 1169 declined, while 52 ended unchanged.

Shares in Wilhelmina (NASDAQ:WHLM) rose to 3-years highs; gaining 108.84% or 4.07 to 7.80. Shares in MediciNova Inc (NASDAQ:MNOV) rose to 52-week highs; up 95.04% or 5.36 to 11.00.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.26% to 24.74.

Gold Futures for August delivery was up 2.11% or 40.10 to $1937.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.87% or 0.36 to hit $41.65 a barrel, while the October Brent oil contract fell 0.07% or 0.03 to trade at $43.98 a barrel.

EUR/USD was up 0.02% to 1.1753, while USD/JPY rose 0.02% to 105.39.

The US Dollar Index Futures was down 0.82% at 93.610.

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