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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.55%

Published 08/30/2024, 04:30 PM
Updated 08/30/2024, 04:31 PM
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.55%
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Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Consumer Services, Consumer Goods and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.55% to hit a new all time high, while the S&P 500 index added 1.01%, and the NASDAQ Composite index gained 1.10%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 9.49% or 1.91 points to trade at 22.04 at the close. Meanwhile, Amazon.com Inc (NASDAQ:AMZN) added 3.70% or 6.36 points to end at 178.48 and International Business Machines (NYSE:IBM) was up 1.62% or 3.23 points to 202.13 in late trade.

The worst performers of the session were Salesforce Inc (NYSE:CRM), which fell 1.60% or 4.11 points to trade at 252.90 at the close. American Express Company (NYSE:AXP) declined 0.46% or 1.20 points to end at 258.65 and Apple Inc (NASDAQ:AAPL) was down 0.34% or 0.79 points to 229.00.

The top performers on the S&P 500 were Intel Corporation (NASDAQ:INTC) which rose 9.49% to 22.04, Western Digital Corporation (NASDAQ:WDC) which was up 4.06% to settle at 65.59 and Tesla Inc (NASDAQ:TSLA) which gained 3.80% to close at 214.11.

The worst performers were Ulta Beauty Inc (NASDAQ:ULTA) which was down 4.01% to 352.85 in late trade, APA Corporation (NASDAQ:APA) which lost 2.90% to settle at 28.49 and Super Micro Computer Inc (NASDAQ:SMCI) which was down 2.52% to 437.51 at the close.

The top performers on the NASDAQ Composite were Agape ATP Corp (NASDAQ:ATPC) which rose 3,103.52% to 2.55, Brenmiller Energy Ltd (NASDAQ:BNRG) which was up 130.31% to settle at 1.55 and Focus Universal Inc (NASDAQ:FCUV) which gained 41.38% to close at 0.27.

The worst performers were NuCana PLC (NASDAQ:NCNA) which was down 52.65% to 3.66 in late trade, Paltalk Inc (NASDAQ:PALT) which lost 41.21% to settle at 3.21 and HWH International Inc (NASDAQ:HWH) which was down 29.87% to 0.54 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1838 to 970 and 103 ended unchanged; on the Nasdaq Stock Exchange, 2004 rose and 1285 declined, while 141 ended unchanged.

Shares in International Business Machines (NYSE:IBM) rose to 5-year highs; up 1.62% or 3.23 to 202.13.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.15% to 15.00.

Gold Futures for December delivery was down 0.97% or 24.90 to $2,535.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 3.07% or 2.33 to hit $73.58 a barrel, while the November Brent oil contract fell 2.40% or 1.89 to trade at $76.93 a barrel.

EUR/USD was unchanged 0.25% to 1.10, while USD/JPY rose 0.80% to 146.14.

The US Dollar Index Futures was up 0.36% at 101.64.

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