50% Off! Beat the market in 2025 with InvestingProCLAIM SALE

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.80%

Published 04/28/2023, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.80%

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Oil & Gas, Financials and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.80% to hit a new 1-month high, while the S&P 500 index gained 0.83%, and the NASDAQ Composite index gained 0.69%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 4.02% or 1.20 points to trade at 31.06 at the close. Meanwhile, Walt Disney Company (NYSE:DIS) added 2.57% or 2.57 points to end at 102.50 and Home Depot Inc (NYSE:HD) was up 2.25% or 6.61 points to 300.54 in late trade.

The worst performers of the session were International Business Machines (NYSE:IBM), which fell 0.44% or 0.56 points to trade at 126.41 at the close. Walmart Inc (NYSE:WMT) declined 0.27% or 0.41 points to end at 150.97 and Amgen Inc (NASDAQ:AMGN) was down 0.25% or 0.60 points to 239.74.

The top performers on the S&P 500 were Charter Communications Inc (NASDAQ:CHTR) which rose 7.57% to 368.70, Mohawk Industries Inc (NYSE:MHK) which was up 7.20% to settle at 105.89 and Lumen Technologies Inc (NYSE:LUMN) which gained 7.24% to close at 2.37.

The worst performers were First Republic Bank (NYSE:FRC) which was down 43.30% to 3.51 in late trade, Signature Bank (OTC:SBNY) which lost 24.30% to settle at 0.10 and SVB Financial Group (OTC:SIVBQ) which was down 13.10% to 0.49 at the close.

The top performers on the NASDAQ Composite were TOP Financial Group Ltd (NASDAQ:TOP) which rose 441.05% to 108.21, Huadi International Group Co Ltd (NASDAQ:HUDI) which was up 382.78% to settle at 13.18 and Magic Empire Global Ltd (NASDAQ:MEGL) which gained 331.03% to close at 4.00.

The worst performers were Hillstream Biopharma Inc (NASDAQ:HILS) which was down 59.49% to 0.44 in late trade, Centogene B V (NASDAQ:CNTG) which lost 33.06% to settle at 0.81 and Addus HomeCare Corporation (NASDAQ:ADUS) which was down 28.31% to 81.74 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2161 to 809 and 88 ended unchanged; on the Nasdaq Stock Exchange, 2250 rose and 1337 declined, while 133 ended unchanged.

Shares in First Republic Bank (NYSE:FRC) fell to all time lows; losing 43.30% or 2.68 to 3.51. Shares in Signature Bank (OTC:SBNY) fell to all time lows; down 24.30% or 0.03 to 0.10. Shares in TOP Financial Group Ltd (NASDAQ:TOP) rose to all time highs; gaining 441.05% or 88.21 to 108.21.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.34% to 15.78 a new 52-week low.

Gold Futures for June delivery was down 0.06% or 1.20 to $1,997.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.70% or 2.02 to hit $76.78 a barrel, while the July Brent oil contract rose 2.74% or 2.14 to trade at $80.36 a barrel.

EUR/USD was unchanged 0.10% to 1.10, while USD/JPY rose 1.74% to 136.27.

The US Dollar Index Futures was up 0.16% at 101.41.

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.