Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.65%

Published 01/11/2018, 03:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.65%
US500
-
DJI
-
BA
-
CVX
-
INTC
-
MCD
-
XRX
-
PARA
-
AXP
-
DAL
-
PG
-
HRL
-
IXIC
-
CNET
-
INCY
-
LEDS
-
NCTY
-
DJUSBM
-
DJUSCY
-
DJUSEN
-
RMGN
-
SBAC
-
VIX
-
NHLD
-
LPCN
-

Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Oil & Gas, Consumer Services and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.65% to hit a new all time high, while the S&P 500 index gained 0.61%, and the NASDAQ Composite index climbed 0.71%.

The best performers of the session on the Dow Jones Industrial Average were Chevron Corporation (NYSE:CVX), which rose 2.76% or 3.55 points to trade at 132.21 at the close. Meanwhile, Intel Corporation (NASDAQ:INTC) added 2.02% or 0.86 points to end at 43.36 and Boeing Co (NYSE:BA) was up 1.97% or 6.30 points to 326.56 in late trade.

The worst performers of the session were American Express Company (NYSE:AXP), which fell 0.58% or 0.59 points to trade at 100.63 at the close. Procter & Gamble Company (NYSE:PG) declined 0.46% or 0.41 points to end at 90.06 and McDonald’s Corporation (NYSE:MCD) was down 0.29% or 0.51 points to 173.00.

The top performers on the S&P 500 were Viacom B Inc (NASDAQ:VIAB) which rose 5.62% to 30.80, Delta Air Lines Inc (NYSE:DAL) which was up 5.51% to settle at 58.94 and Xerox Corp (NYSE:XRX) which gained 5.22% to close at 31.93.

The worst performers were Incyte Corporation (NASDAQ:INCY) which was down 3.19% to 93.54 in late trade, Hormel Foods Corporation (NYSE:HRL) which lost 2.54% to settle at 34.31 and SBA Communications Corp (NASDAQ:SBAC) which was down 2.10% to 157.51 at the close.

The top performers on the NASDAQ Composite were RMG Networks Holding Corp (NASDAQ:RMGN) which rose 68.00% to 1.6800, Chinanet Online Holdings Inc (NASDAQ:CNET) which was up 40.65% to settle at 7.0745 and The9 Limited (NASDAQ:NCTY) which gained 30.07% to close at 1.090.

The worst performers were Lipocine In (NASDAQ:LPCN) which was down 46.53% to 1.85 in late trade, SemiLEDS Corporation (NASDAQ:LEDS) which lost 27.94% to settle at 4.7200 and National Holdings (NASDAQ:NHLD) which was down 26.42% to 3.9000 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2396 to 758 and 22 ended unchanged; on the Nasdaq Stock Exchange, 1908 rose and 618 declined, while 97 ended unchanged.

Shares in Incyte Corporation (NASDAQ:INCY) fell to 52-week lows; losing 3.19% or 3.08 to 93.54. Shares in Delta Air Lines Inc (NYSE:DAL) rose to all time highs; gaining 5.51% or 3.08 to 58.94. Shares in Chevron Corporation (NYSE:CVX) rose to 3-years highs; rising 2.76% or 3.55 to 132.21. Shares in Boeing Co (NYSE:BA) rose to all time highs; up 1.97% or 6.30 to 326.56. Shares in Lipocine In (NASDAQ:LPCN) fell to all time lows; falling 46.53% or 1.61 to 1.85.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.61% to 9.88.

Gold Futures for February delivery was up 0.27% or 3.60 to $1322.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.19% or 0.12 to hit $63.69 a barrel, while the March Brent oil contract rose 0.03% or 0.02 to trade at $69.22 a barrel.

EUR/USD was up 0.75% to 1.2037, while USD/JPY fell 0.26% to 111.15.

The US Dollar Index Futures was down 0.52% at 91.63.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.