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 1.02%

Published 06/07/2019, 05:25 PM
Updated 06/07/2019, 05:26 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.02%
US500
-
DJI
-
INTC
-
MSFT
-
GS
-
JPM
-
VRTX
-
AAPL
-
CF
-
WDC
-
VZ
-
RRC
-
ILMN
-
IXIC
-
DXYN
-
YVRLF
-
SSFN_old
-
DJUSCY
-
DJUSHC
-
DJUSTC
-
TEUM
-
FL
-
VIX
-
JAGX
-
BYND
-

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Technology, Consumer Services and Healthcare sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.02% to hit a new 1-month high, while the S&P 500 index added 1.05%, and the NASDAQ Composite index gained 1.66%.

The best performers of the session on the Dow Jones Industrial Average were Microsoft Corporation (NASDAQ:MSFT), which rose 2.80% or 3.58 points to trade at 131.40 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) added 2.66% or 4.93 points to end at 190.15 and Intel Corporation (NASDAQ:INTC) was up 2.06% or 0.93 points to 46.03 in late trade.

The worst performers of the session were JPMorgan Chase & Co (NYSE:JPM), which fell 1.10% or 1.21 points to trade at 109.16 at the close. Verizon Communications Inc (NYSE:VZ) declined 0.52% or 0.30 points to end at 57.24 and Goldman Sachs Group Inc (NYSE:GS) was 0.00% or 0.00 points to 189.81.

The top performers on the S&P 500 were Illumina Inc (NASDAQ:ILMN) which rose 5.31% to 335.49, Vertex Pharmaceuticals Inc (NASDAQ:VRTX) which was up 3.43% to settle at 173.51 and Foot Locker Inc (NYSE:FL) which gained 3.33% to close at 42.20.

The worst performers were CF Industries Holdings Inc (NYSE:CF) which was down 3.09% to 42.03 in late trade, Western Digital Corporation (NASDAQ:WDC) which lost 2.76% to settle at 36.94 and Range Resources Corp (NYSE:RRC) which was down 2.67% to 7.29 at the close.

The top performers on the NASDAQ Composite were Stewardship Financial Corp (NASDAQ:SSFN) which rose 72.58% to 15.36, The Dixie Group Inc (NASDAQ:DXYN) which was up 55.39% to settle at 0.650 and Beyond Meat Inc (NASDAQ:BYND) which gained 39.35% to close at 138.65.

The worst performers were Liquid Media Group Ltd (NASDAQ:YVR) which was down 28.51% to 1.630 in late trade, Pareteum Corp (NASDAQ:TEUM) which lost 24.34% to settle at 2.580 and Jaguar Health Inc (NASDAQ:JAGX) which was down 22.95% to 6.990 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2175 to 813 and 96 ended unchanged; on the Nasdaq Stock Exchange, 1665 rose and 979 declined, while 103 ended unchanged.

Shares in Range Resources Corp (NYSE:RRC) fell to 5-year lows; losing 2.67% or 0.20 to 7.29. Shares in Microsoft Corporation (NASDAQ:MSFT) rose to all time highs; gaining 2.80% or 3.58 to 131.40. Shares in Stewardship Financial Corp (NASDAQ:SSFN) rose to all time highs; gaining 72.58% or 6.46 to 15.36. Shares in Liquid Media Group Ltd (NASDAQ:YVR) fell to 52-week lows; falling 28.51% or 0.650 to 1.630. Shares in Beyond Meat Inc (NASDAQ:BYND) rose to all time highs; rising 39.35% or 39.15 to 138.65.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.32% to 16.30.

Gold Futures for August delivery was up 0.16% or 2.20 to $1344.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 2.78% or 1.46 to hit $54.05 a barrel, while the August Brent oil contract rose 2.63% or 1.62 to trade at $63.29 a barrel.

EUR/USD was up 0.52% to 1.1333, while USD/JPY fell 0.19% to 108.19.

The US Dollar Index Futures was down 0.48% at 96.532.

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.