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 1.20%

Published 11/23/2020, 03:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.20%
US500
-
DJI
-
BA
-
CVX
-
DIS
-
MRK
-
SPY
-
AAPL
-
OXY
-
NEM
-
JNJ
-
M
-
VTRS
-
HP
-
IXIC
-
RGTPQ
-
ENGC
-
FTEK
-
MKTX
-
DJUSFN
-
DJUSIN
-
DJUSEN
-
VIX
-
BLPH
-
FSTX
-
PSNL
-

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

At the close in NYSE, the Dow Jones Industrial Average rose 1.20%, while the S&P 500 index added 0.68%, and the NASDAQ Composite index gained 0.35%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 6.20% or 12.37 points to trade at 211.99 at the close. Meanwhile, Chevron Corp (NYSE:CVX) added 5.13% or 4.40 points to end at 90.19 and Walt Disney Company (NYSE:DIS) was up 4.20% or 5.93 points to 147.00 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 2.76% or 3.24 points to trade at 114.10 at the close. Johnson & Johnson (NYSE:JNJ) declined 0.98% or 1.43 points to end at 143.92 and Merck & Company Inc (NYSE:MRK) was down 0.77% or 0.62 points to 79.83.

The top performers on the S&P 500 were Macy’s Inc (NYSE:M) which rose 16.57% to 10.55, Occidental Petroleum Corporation (NYSE:OXY) which was up 15.86% to settle at 15.63 and Helmerich and Payne Inc (NYSE:HP) which gained 14.04% to close at 22.99.

The worst performers were Newmont Goldcorp Corp (NYSE:NEM) which was down 4.38% to 58.95 in late trade, MarketAxess Holdings Inc (NASDAQ:MKTX) which lost 4.24% to settle at 523.00 and Viatris Inc (NASDAQ:VTRS) which was down 2.95% to 16.62 at the close.

The top performers on the NASDAQ Composite were FStar Therapeutics Inc (NASDAQ:FSTX) which rose 236.36% to 4.070, ENGlobal Corporation (NASDAQ:ENG) which was up 88.18% to settle at 2.0700 and Fuel Tech Inc (NASDAQ:FTEK) which gained 75.98% to close at 2.2350.

The worst performers were Polarityte Inc (NASDAQ:PTE) which was down 29.94% to 0.64 in late trade, Bellerophon Therapeutics Inc (NASDAQ:BLPH) which lost 16.51% to settle at 7.3300 and Personalis Inc (NASDAQ:PSNL) which was down 15.03% to 26.34 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2292 to 635 and 84 ended unchanged; on the Nasdaq Stock Exchange, 1916 rose and 898 declined, while 71 ended unchanged.

Shares in Polarityte Inc (NASDAQ:PTE) fell to all time lows; down 29.94% or 0.28 to 0.64. Shares in ENGlobal Corporation (NASDAQ:ENG) rose to 3-years highs; gaining 88.18% or 0.9700 to 2.0700. Shares in Fuel Tech Inc (NASDAQ:FTEK) rose to 52-week highs; gaining 75.98% or 0.9650 to 2.2350.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.64% to 22.60.

Gold Futures for December delivery was down 1.88% or 35.25 to $1837.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.25% or 0.53 to hit $42.95 a barrel, while the February Brent oil contract rose 1.82% or 0.82 to trade at $45.89 a barrel.

EUR/USD was down 0.08% to 1.1844, while USD/JPY rose 0.61% to 104.48.

The US Dollar Index Futures was up 0.10% at 92.483.

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.