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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.25%

Published 01/17/2018, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.25%
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Investing.com – U.S. stocks were higher after the close on Wednesday, as gains in the Technology, Consumer Goods and Healthcare sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.25% to hit a new all time high, while the S&P 500 index added 0.94%, and the NASDAQ Composite index gained 1.03%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 4.73% or 15.85 points to trade at 351.01 at the close. Meanwhile, International Business Machines (NYSE:IBM) added 2.93% or 4.80 points to end at 168.65 and Intel Corporation (NASDAQ:INTC) was up 2.90% or 1.25 points to 44.39 in late trade.

The worst performers of the session were General Electric Company (NYSE:GE), which fell 4.72% or 0.86 points to trade at 17.35 at the close. Goldman Sachs Group Inc (NYSE:GS) declined 1.86% or 4.81 points to end at 253.65 and Caterpillar Inc (NYSE:CAT) was down 0.48% or 0.81 points to 168.50.

The top performers on the S&P 500 were Lam Research Corp (NASDAQ:LRCX) which rose 7.72% to 205.08, Texas Instruments Incorporated (NASDAQ:TXN) which was up 5.54% to settle at 119.18 and KLA-Tencor Corporation (NASDAQ:KLAC) which gained 5.42% to close at 113.49.

The worst performers were Ford Motor Company (NYSE:F) which was down 7.06% to 12.18 in late trade, Fastenal Company (NASDAQ:FAST) which lost 5.84% to settle at 52.20 and DISH Network Corporation (NASDAQ:DISH) which was down 5.29% to 45.45 at the close.

The top performers on the NASDAQ Composite were Juno Therapeutic (NASDAQ:JUNO) which rose 51.86% to 69.25, Akers Biosciences Inc (NASDAQ:AKER) which was up 44.93% to settle at 0.300 and Cenveo Inc (NASDAQ:CVO) which gained 33.64% to close at 1.470.

The worst performers were CounterPath Corp (NASDAQ:CPAH) which was down 26.81% to 4.940 in late trade, Genocea Biosciences Inc (NASDAQ:GNCA) which lost 25.00% to settle at 0.810 and Newater Technology Inc (NASDAQ:NEWA) which was down 24.11% to 11.99 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1967 to 1118 and 128 ended unchanged; on the Nasdaq Stock Exchange, 1611 rose and 921 declined, while 118 ended unchanged.

Shares in Texas Instruments Incorporated (NASDAQ:TXN) rose to all time highs; gaining 5.54% or 6.26 to 119.18. Shares in KLA-Tencor Corporation (NASDAQ:KLAC) rose to all time highs; rising 5.42% or 5.83 to 113.49. Shares in DISH Network Corporation (NASDAQ:DISH) fell to 52-week lows; down 5.29% or 2.54 to 45.45. Shares in Boeing Co (NYSE:BA) rose to all time highs; up 4.73% or 15.85 to 351.01. Shares in General Electric Company (NYSE:GE) fell to 5-year lows; falling 4.72% or 0.86 to 17.35. Shares in Juno Therapeutic (NASDAQ:JUNO) rose to all time highs; gaining 51.86% or 23.65 to 69.25. Shares in Genocea Biosciences Inc (NASDAQ:GNCA) fell to all time lows; falling 25.00% or 0.270 to 0.810.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.97% to 11.89 a new 1-month high.

Gold Futures for February delivery was down 0.65% or 8.70 to $1328.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.28% or 0.18 to hit $63.91 a barrel, while the March Brent oil contract rose 0.19% or 0.13 to trade at $69.28 a barrel.

EUR/USD was down 0.44% to 1.2207, while USD/JPY rose 0.72% to 111.25.

The US Dollar Index Futures was up 0.31% at 90.51.

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