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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.50%

Published 07/28/2023, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.50%

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Technology, Consumer Goods and Consumer Services sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.50%, while the S&P 500 index gained 0.99%, and the NASDAQ Composite index added 1.90%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 6.60% or 2.28 points to trade at 36.83 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 2.81% or 4.28 points to end at 156.39 and Microsoft Corporation (NASDAQ:MSFT) was up 2.31% or 7.65 points to 338.37 in late trade.

The worst performers of the session were Walgreens Boots Alliance Inc (NASDAQ:WBA), which fell 2.71% or 0.83 points to trade at 29.80 at the close. Cisco Systems Inc (NASDAQ:CSCO) declined 1.72% or 0.91 points to end at 52.09 and The Travelers Companies Inc (NYSE:TRV) was down 0.92% or 1.60 points to 173.27.

The top performers on the S&P 500 were DISH Network Corporation (NASDAQ:DISH) which rose 11.60% to 7.79, T. Rowe Price Group Inc (NASDAQ:TROW) which was up 8.27% to settle at 126.79 and Newell Brands Inc (NASDAQ:NWL) which gained 7.71% to close at 11.04.

The worst performers were Live Nation Entertainment Inc (NYSE:LYV) which was down 7.82% to 89.35 in late trade, Enphase Energy Inc (NASDAQ:ENPH) which lost 7.48% to settle at 154.33 and Mohawk Industries Inc (NYSE:MHK) which was down 6.91% to 107.06 at the close.

The top performers on the NASDAQ Composite were Aurora Acquisition Corp (NASDAQ:AURC) which rose 113.21% to 44.05, Reata Pharmaceuticals Inc (NASDAQ:RETA) which was up 54.02% to settle at 167.19 and Bluejay Diagnostics Inc (NASDAQ:BJDX) which gained 46.36% to close at 7.83.

The worst performers were Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) which was down 39.89% to 1.07 in late trade, G Medical Innovations Holdings Ltd (NASDAQ:GMVD) which lost 35.77% to settle at 0.22 and Sleep Number Corp (NASDAQ:SNBR) which was down 29.36% to 27.17 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2124 to 831 and 67 ended unchanged; on the Nasdaq Stock Exchange, 2546 rose and 963 declined, while 122 ended unchanged.

Shares in Aurora Acquisition Corp (NASDAQ:AURC) rose to all time highs; gaining 113.21% or 23.39 to 44.05. Shares in Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) fell to all time lows; down 39.89% or 0.71 to 1.07. Shares in Reata Pharmaceuticals Inc (NASDAQ:RETA) rose to 52-week highs; gaining 54.02% or 58.64 to 167.19. Shares in G Medical Innovations Holdings Ltd (NASDAQ:GMVD) fell to all time lows; falling 35.77% or 0.12 to 0.22.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.49% to 13.33.

Gold Futures for August delivery was up 0.66% or 12.85 to $1,958.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.66% or 0.53 to hit $80.62 a barrel, while the October Brent oil contract rose 0.79% or 0.66 to trade at $84.45 a barrel.

EUR/USD was unchanged 0.45% to 1.10, while USD/JPY rose 1.19% to 141.10.

The US Dollar Index Futures was down 0.12% at 101.42.

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