⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.88%

Published 09/28/2022, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.88%

Investing.com – U.S. stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Consumer Services and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 1.88%, while the S&P 500 index added 1.97%, and the NASDAQ Composite index added 2.05%.

The best performers of the session on the Dow Jones Industrial Average were Home Depot Inc (NYSE:HD), which rose 5.02% or 13.50 points to trade at 282.19 at the close. Meanwhile, Boeing Co (NYSE:BA) added 4.65% or 5.93 points to end at 133.44 and Walt Disney Company (NYSE:DIS) was up 3.70% or 3.55 points to 99.40 in late trade.

The worst performers of the session were Apple Inc (NASDAQ:AAPL), which fell 1.27% or 1.92 points to trade at 149.84 at the close. Procter & Gamble Company (NYSE:PG) unchanged 0.00% or 0.00 points to end at 131.98 and McDonald’s Corporation (NYSE:MCD) was up 0.10% or 0.24 points to 236.94.

The top performers on the S&P 500 were Biogen Inc (NASDAQ:BIIB) which rose 39.85% to 276.61, Netflix Inc (NASDAQ:NFLX) which was up 9.29% to settle at 245.20 and Marathon Petroleum Corp (NYSE:MPC) which gained 7.80% to close at 100.09.

The worst performers were VF Corporation (NYSE:VFC) which was down 6.87% to 32.66 in late trade, Apple Inc (NASDAQ:AAPL) which lost 1.27% to settle at 149.84 and Qualcomm Incorporated (NASDAQ:QCOM) which was down 1.17% to 118.93 at the close.

The top performers on the NASDAQ Composite were PepGen Ltd (NASDAQ:PEPG) which rose 110.19% to 10.93, Acumen Pharmaceuticals Inc (NASDAQ:ABOS) which was up 103.83% to settle at 9.58 and Prothena Corporation plc (NASDAQ:PRTA) which gained 87.52% to close at 58.00.

The worst performers were PhaseBio Pharmaceuticals Inc (NASDAQ:PHAS) which was down 66.18% to 0.26 in late trade, Mind Medicine (MindMed) Inc (NASDAQ:MNMD) which lost 47.06% to settle at 3.24 and Nano Labs Ltd ADR (NASDAQ:NA) which was down 33.96% to 2.10 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2804 to 383 and 102 ended unchanged; on the Nasdaq Stock Exchange, 3072 rose and 779 declined, while 199 ended unchanged.

Shares in VF Corporation (NYSE:VFC) fell to 5-year lows; falling 6.87% or 2.41 to 32.66. Shares in Qualcomm Incorporated (NASDAQ:QCOM) fell to 52-week lows; losing 1.17% or 1.41 to 118.93. Shares in Procter & Gamble Company (NYSE:PG) unchanged to 52-week lows; unchanged 0.00% or 0.00 to 131.98. Shares in PhaseBio Pharmaceuticals Inc (NASDAQ:PHAS) fell to all time lows; losing 66.18% or 0.50 to 0.26. Shares in Mind Medicine (MindMed) Inc (NASDAQ:MNMD) fell to 52-week lows; down 47.06% or 2.88 to 3.24. Shares in Nano Labs Ltd ADR (NASDAQ:NA) fell to all time lows; losing 33.96% or 1.08 to 2.10.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.39% to 30.19.

Gold Futures for December delivery was up 1.94% or 31.70 to $1,667.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 4.42% or 3.47 to hit $81.97 a barrel, while the December Brent oil contract rose 3.53% or 3.00 to trade at $87.87 a barrel.

EUR/USD was up 1.44% to 0.97, while USD/JPY fell 0.44% to 144.13.

The US Dollar Index Futures was down 1.19% at 112.69.

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.