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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.06%

Published 11/01/2018, 04:25 PM
Updated 11/01/2018, 04:26 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.06%
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Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Basic Materials, Consumer Services and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.06%, while the S&P 500 index added 1.06%, and the NASDAQ Composite index added 1.75%.

The best performers of the session on the Dow Jones Industrial Average were DowDuPont Inc (NYSE:DWDP), which rose 8.07% or 4.35 points to trade at 58.27 at the close. Meanwhile, Intel Corporation (NASDAQ:INTC) added 2.86% or 1.34 points to end at 48.22 and Caterpillar Inc (NYSE:CAT) was up 2.79% or 3.38 points to 124.70 in late trade.

The worst performers of the session were Verizon Communications Inc (NYSE:VZ), which fell 1.82% or 1.04 points to trade at 56.05 at the close. McDonald’s Corporation (NYSE:MCD) declined 1.14% or 2.02 points to end at 174.88 and Microsoft Corporation (NASDAQ:MSFT) was down 0.83% or 0.89 points to 105.92.

The top performers on the S&P 500 were Wyndham Destinations Inc (NYSE:WYND) which rose 18.98% to 42.69, Newfield Exploration Company (NYSE:NFX) which was up 16.14% to settle at 23.46 and Wynn Resorts Limited (NASDAQ:WYNN) which gained 11.96% to close at 112.63.

The worst performers were Allstate Corporation (NYSE:ALL) which was down 6.01% to 89.97 in late trade, Fiserv Inc (NASDAQ:FISV) which lost 5.54% to settle at 74.91 and Hanesbrands Inc (NYSE:HBI) which was down 5.48% to 16.22 at the close.

The top performers on the NASDAQ Composite were Auris Medical Holding AG (NASDAQ:EARS) which rose 49.14% to 0.950, Sellas Life Sciences Group Inc (NASDAQ:SLS) which was up 36.07% to settle at 1.6600 and Wins Finance Holdings Inc (NASDAQ:WINS) which gained 35.62% to close at 49.50.

The worst performers were YRC Worldwide Inc (NASDAQ:YRCW) which was down 25.79% to 6.13 in late trade, Internap Corp (NASDAQ:INAP) which lost 25.55% to settle at 6.380 and Freightcar America Inc (NASDAQ:RAIL) which was down 24.48% to 10.80 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2337 to 744 and 74 ended unchanged; on the Nasdaq Stock Exchange, 2040 rose and 610 declined, while 66 ended unchanged.

Shares in Allstate Corporation (NYSE:ALL) fell to 52-week lows; down 6.01% or 5.75 to 89.97. Shares in YRC Worldwide Inc (NASDAQ:YRCW) fell to 5-year lows; down 25.79% or 2.13 to 6.13. Shares in Internap Corp (NASDAQ:INAP) fell to 52-week lows; falling 25.55% or 2.190 to 6.380. Shares in Freightcar America Inc (NASDAQ:RAIL) fell to all time lows; down 24.48% or 3.50 to 10.80.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 8.90% to 19.34.

Gold Futures for December delivery was up 1.86% or 22.60 to $1234.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.74% or 1.79 to hit $63.52 a barrel, while the January Brent oil contract fell 3.64% or 2.75 to trade at $72.72 a barrel.

EUR/USD was up 0.85% to 1.1408, while USD/JPY fell 0.20% to 112.71.

The US Dollar Index Futures was down 0.84% at 96.09.

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