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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.87%

Published 04/17/2018, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.87%
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Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Technology, Consumer Services and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.87%, while the S&P 500 index added 1.07%, and the NASDAQ Composite index added 1.74%.

The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 3.57% or 8.23 points to trade at 238.55 at the close. Meanwhile, General Electric Company (NYSE:GE) added 3.45% or 0.46 points to end at 13.79 and Cisco Systems Inc (NASDAQ:CSCO) was up 2.98% or 1.29 points to 44.59 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 1.65% or 4.25 points to trade at 253.63 at the close. Johnson & Johnson (NYSE:JNJ) declined 0.93% or 1.22 points to end at 130.54 and Pfizer Inc (NYSE:PFE) was down 0.55% or 0.20 points to 36.33.

The top performers on the S&P 500 were Netflix Inc (NASDAQ:NFLX) which rose 9.19% to 336.06, Amazon.com Inc (NASDAQ:AMZN) which was up 4.32% to settle at 1503.83 and Lam Research Corp (NASDAQ:LRCX) which gained 4.31% to close at 212.33.

The worst performers were Comerica Incorporated (NYSE:CMA) which was down 3.51% to 92.74 in late trade, Bristol-Myers Squibb Company (NYSE:BMY) which lost 3.14% to settle at 52.38 and Regions Financial Corporation (NYSE:RF) which was down 2.82% to 17.95 at the close.

The top performers on the NASDAQ Composite were Valeritas Holdings Inc (NASDAQ:VLRX) which rose 69.35% to 2.10, vTv Therapeutics Inc (NASDAQ:VTVT) which was up 43.25% to settle at 1.19 and Discovery Communications B Inc (NASDAQ:DISCB) which gained 27.54% to close at 44.000.

The worst performers were Netlist Inc (NASDAQ:NLST) which was down 25.86% to 0.180 in late trade, Apellis Pharmaceuticals Inc (NASDAQ:APLS) which lost 16.60% to settle at 25.02 and Odyssey Marine Exploration Inc (NASDAQ:OMEX) which was down 15.88% to 9.5900 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2224 to 845 and 116 ended unchanged; on the Nasdaq Stock Exchange, 1700 rose and 847 declined, while 128 ended unchanged.

Shares in Netflix Inc (NASDAQ:NFLX) rose to all time highs; gaining 9.19% or 28.28 to 336.06. Shares in Netlist Inc (NASDAQ:NLST) fell to 5-year lows; losing 25.86% or 0.063 to 0.180. Shares in Discovery Communications B Inc (NASDAQ:DISCB) rose to 3-years highs; gaining 27.54% or 9.500 to 44.000.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.73% to 15.28 a new 1-month low.

Gold Futures for June delivery was down 0.03% or 0.40 to $1350.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.35% or 0.23 to hit $66.45 a barrel, while the June Brent oil contract rose 0.15% or 0.11 to trade at $71.53 a barrel.

EUR/USD was down 0.04% to 1.2375, while USD/JPY fell 0.08% to 107.03.

The US Dollar Index Futures was up 0.06% at 89.19.

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