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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.52%

Published 08/24/2018, 04:25 PM
Updated 08/24/2018, 04:26 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.52%
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Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Basic Materials, Technology and Oil & Gas sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.52%, while the S&P 500 index added 0.62%, and the NASDAQ Composite index climbed 0.86%.

The best performers of the session on the Dow Jones Industrial Average were DowDuPont Inc (NYSE:DWDP), which rose 1.61% or 1.10 points to trade at 69.21 at the close. Meanwhile, Visa Inc (NYSE:V) added 1.48% or 2.10 points to end at 144.20 and Intel Corporation (NASDAQ:INTC) was up 1.45% or 0.68 points to 47.66 in late trade.

The worst performers of the session were Nike Inc (NYSE:NKE), which fell 0.55% or 0.46 points to trade at 82.45 at the close. Goldman Sachs Group Inc (NYSE:GS) declined 0.52% or 1.23 points to end at 235.11 and Walmart Inc (NYSE:WMT) was down 0.24% or 0.23 points to 94.95.

The top performers on the S&P 500 were Autodesk Inc (NASDAQ:ADSK) which rose 15.33% to 157.20, Advanced Micro Devices Inc (NASDAQ:AMD) which was up 7.58% to settle at 23.980 and Netflix Inc (NASDAQ:NFLX) which gained 5.79% to close at 358.82.

The worst performers were Foot Locker Inc (NYSE:FL) which was down 9.17% to 48.32 in late trade, Gap Inc (NYSE:GPS) which lost 8.60% to settle at 29.65 and Macy’s Inc (NYSE:M) which was down 4.25% to 36.51 at the close.

The top performers on the NASDAQ Composite were Alliance MMA Inc (NASDAQ:AMMA) which rose 110.32% to 0.42, Seven Stars Cloud Group Inc (NASDAQ:SSC) which was up 38.97% to settle at 5.420 and Geron Corporation (NASDAQ:GERN) which gained 28.78% to close at 5.190.

The worst performers were Hibbett Sports Inc (NASDAQ:HIBB) which was down 30.19% to 20.52 in late trade, China Biologic Products Inc (NASDAQ:CBPO) which lost 15.85% to settle at 84.91 and TMSR Holding Company Ltd (NASDAQ:TMSR) which was down 15.59% to 4.06 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2072 to 919 and 161 ended unchanged; on the Nasdaq Stock Exchange, 1555 rose and 996 declined, while 162 ended unchanged.

Shares in Autodesk Inc (NASDAQ:ADSK) rose to all time highs; up 15.33% or 20.89 to 157.20. Shares in Advanced Micro Devices Inc (NASDAQ:AMD) rose to 5-year highs; up 7.58% or 1.690 to 23.980. Shares in Visa Inc (NYSE:V) rose to all time highs; gaining 1.48% or 2.10 to 144.20.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.98% to 12.04.

Gold Futures for December delivery was up 1.52% or 18.10 to $1212.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.12% or 0.76 to hit $68.59 a barrel, while the October Brent oil contract rose 1.26% or 0.94 to trade at $75.67 a barrel.

EUR/USD was up 0.71% to 1.1622, while USD/JPY fell 0.09% to 111.20.

The US Dollar Index Futures was down 0.50% at 95.07.

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