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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.11%

Published 11/01/2019, 05:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.11%
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Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Oil & Gas, Industrials and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.11% to hit a new 3-months high, while the S&P 500 index added 0.97%, and the NASDAQ Composite index gained 1.13%.

The best performers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 4.85% or 6.69 points to trade at 144.49 at the close. Meanwhile, Walgreens Boots Alliance Inc (NASDAQ:WBA) added 4.75% or 2.60 points to end at 57.38 and Dow Inc (NYSE:DOW) was up 3.60% or 1.82 points to 52.31 in late trade.

The worst performers of the session were Merck & Company Inc (NYSE:MRK), which fell 1.98% or 1.72 points to trade at 84.94 at the close. McDonald’s Corporation (NYSE:MCD) declined 1.40% or 2.76 points to end at 193.94 and Cisco Systems Inc (NASDAQ:CSCO) was down 1.01% or 0.48 points to 47.03.

The top performers on the S&P 500 were Qorvo Inc (NASDAQ:QRVO) which rose 20.23% to 97.22, Fortinet Inc (NASDAQ:FTNT) which was up 10.51% to settle at 90.13 and Apache Corporation (NYSE:APA) which gained 9.93% to close at 23.81.

The worst performers were Arista Networks (NYSE:ANET) which was down 24.23% to 185.30 in late trade, Take-Two Interactive Software Inc (NASDAQ:TTWO) which lost 2.87% to settle at 116.90 and IDEXX Laboratories Inc (NASDAQ:IDXX) which was down 2.86% to 276.87 at the close.

The top performers on the NASDAQ Composite were Hoth Therapeutics Inc (NASDAQ:HOTH) which rose 39.00% to 4.74, CHF Solutions Inc (NASDAQ:CHFS) which was up 39.13% to settle at 1.280 and BeiGene Ltd (NASDAQ:BGNE) which gained 37.02% to close at 189.56.

The worst performers were Casa Systems Inc (NASDAQ:CASA) which was down 36.01% to 4.30 in late trade, Hexindai Inc (NASDAQ:HX) which lost 32.67% to settle at 0.67 and MobileIron Inc (NASDAQ:MOBL) which was down 24.36% to 4.735 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2094 to 756 and 84 ended unchanged; on the Nasdaq Stock Exchange, 1963 rose and 686 declined, while 60 ended unchanged.

Shares in Qorvo Inc (NASDAQ:QRVO) rose to 5-year highs; up 20.23% or 16.36 to 97.22. Shares in Arista Networks (NYSE:ANET) fell to 52-week lows; falling 24.23% or 59.27 to 185.30. Shares in Caterpillar Inc (NYSE:CAT) rose to 52-week highs; gaining 4.85% or 6.69 to 144.49. Shares in Casa Systems Inc (NASDAQ:CASA) fell to all time lows; down 36.01% or 2.42 to 4.30. Shares in Hexindai Inc (NASDAQ:HX) fell to all time lows; losing 32.67% or 0.32 to 0.67. Shares in BeiGene Ltd (NASDAQ:BGNE) rose to 52-week highs; gaining 37.02% or 51.22 to 189.56.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 6.96% to 12.30 a new 3-months low.

Gold Futures for December delivery was up 0.12% or 1.85 to $1516.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 3.67% or 1.99 to hit $56.17 a barrel, while the January Brent oil contract rose 3.37% or 2.01 to trade at $61.63 a barrel.

EUR/USD was up 0.15% to 1.1167, while USD/JPY rose 0.15% to 108.19.

The US Dollar Index Futures was down 0.14% at 97.018.

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