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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.58%

Published 02/26/2018, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.58%
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Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Telecoms, Technology and Financials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.58%, while the S&P 500 index climbed 1.18%, and the NASDAQ Composite index gained 1.15%.

The best performers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ:CSCO), which rose 3.09% or 1.36 points to trade at 45.36 at the close. Meanwhile, 3M Company (NYSE:MMM) added 3.00% or 7.12 points to end at 244.14 and Intel Corporation (NASDAQ:INTC) was up 2.89% or 1.38 points to 49.11 in late trade.

The worst performers of the session were Coca-Cola Company (NYSE:KO), which fell 0.02% or 0.01 points to trade at 44.03 at the close. Home Depot Inc (NYSE:HD) added 0.06% or 0.11 points to end at 188.46 and Wal-Mart Stores Inc (NYSE:WMT) was up 0.25% or 0.23 points to 93.12.

The top performers on the S&P 500 were HP Inc (NYSE:HPQ) which rose 6.01% to 23.46, Qualcomm Incorporated (NASDAQ:QCOM) which was up 5.78% to settle at 66.98 and Discovery Communications Inc (NASDAQ:DISCA) which gained 4.83% to close at 25.17.

The worst performers were Albemarle Corporation (NYSE:ALB) which was down 7.28% to 110.10 in late trade, Citizens Financial Group Inc (NYSE:CFG) which lost 4.07% to settle at 44.54 and Ulta Beauty Inc (NASDAQ:ULTA) which was down 3.95% to 198.93 at the close.

The top performers on the NASDAQ Composite were Zosano Pharma Corp (NASDAQ:ZSAN) which rose 71.05% to 7.680, Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) which was up 30.45% to settle at 2.870 and NXT-ID Inc (NASDAQ:NXTD) which gained 24.77% to close at 2.7200.

The worst performers were ARCA Biopharma Inc (NASDAQ:ABIO) which was down 71.88% to 0.450 in late trade, Aytu BioScience Inc (NASDAQ:AYTU) which lost 23.59% to settle at 0.6800 and IRIDEX Corporation (NASDAQ:IRIX) which was down 15.85% to 6.16 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2038 to 1054 and 117 ended unchanged; on the Nasdaq Stock Exchange, 1600 rose and 919 declined, while 134 ended unchanged.

Shares in Cisco Systems Inc (NASDAQ:CSCO) rose to 5-year highs; up 3.09% or 1.36 to 45.36. Shares in ARCA Biopharma Inc (NASDAQ:ABIO) fell to all time lows; falling 71.88% or 1.150 to 0.450. Shares in Aytu BioScience Inc (NASDAQ:AYTU) fell to all time lows; falling 23.59% or 0.2099 to 0.6800. Shares in IRIDEX Corporation (NASDAQ:IRIX) fell to 3-years lows; losing 15.85% or 1.16 to 6.16.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.82% to 15.86.

Gold Futures for April delivery was up 0.35% or 4.60 to $1334.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.79% or 0.50 to hit $64.05 a barrel, while the May Brent oil contract rose 0.52% or 0.35 to trade at $67.39 a barrel.

EUR/USD was up 0.11% to 1.2317, while USD/JPY rose 0.14% to 106.94.

The US Dollar Index Futures was down 0.06% at 89.76.

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