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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 2.13%

Published 07/14/2020, 05:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 2.13%
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Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Oil & Gas, Basic Materials and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 2.13% to hit a new 1-month high, while the S&P 500 index gained 1.34%, and the NASDAQ Composite index added 0.94%.

The best performers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 4.83% or 6.31 points to trade at 136.88 at the close. Meanwhile, The Travelers Companies Inc (NYSE:TRV) added 3.77% or 4.31 points to end at 118.55 and Chevron Corp (NYSE:CVX) was up 3.45% or 2.95 points to 88.35 in late trade.

The worst performers of the session were Pfizer Inc (NYSE:PFE), which rose 0.06% or 0.02 points to trade at 35.23 at the close. Nike Inc (NYSE:NKE) added 0.31% or 0.30 points to end at 96.76 and JPMorgan Chase & Co (NYSE:JPM) was up 0.57% or 0.56 points to 98.21.

The top performers on the S&P 500 were Align Technology Inc (NASDAQ:ALGN) which rose 10.87% to 299.62, Noble Energy Inc (NASDAQ:NBL) which was up 10.73% to settle at 9.60 and Hanesbrands Inc (NYSE:HBI) which gained 9.51% to close at 12.55.

The worst performers were Ross Stores Inc (NASDAQ:ROST) which was down 5.48% to 80.17 in late trade, Wells Fargo & Company (NYSE:WFC) which lost 4.57% to settle at 24.25 and Intuit Inc (NASDAQ:INTU) which was down 4.12% to 285.37 at the close.

The top performers on the NASDAQ Composite were Perceptron Inc (NASDAQ:PRCP) which rose 111.73% to 6.50, Rigel Pharmaceuticals Inc (NASDAQ:RIGL) which was up 90.97% to settle at 4.125 and INmune Bio Inc (NASDAQ:INMB) which gained 77.97% to close at 15.75.

The worst performers were Equillium Inc (NASDAQ:EQ) which was down 47.25% to 13.98 in late trade, WiMi Hologram Cloud Inc (NASDAQ:WIMI) which lost 28.90% to settle at 17.59 and Dolphin Entertainment Inc (NASDAQ:DLPN) which was down 24.31% to 1.0900 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1923 to 960 and 51 ended unchanged; on the Nasdaq Stock Exchange, 1651 rose and 1056 declined, while 52 ended unchanged.

Shares in Align Technology Inc (NASDAQ:ALGN) rose to 52-week highs; rising 10.87% or 29.38 to 299.62. Shares in Perceptron Inc (NASDAQ:PRCP) rose to 52-week highs; up 111.73% or 3.43 to 6.50. Shares in Rigel Pharmaceuticals Inc (NASDAQ:RIGL) rose to 52-week highs; gaining 90.97% or 1.965 to 4.125. Shares in INmune Bio Inc (NASDAQ:INMB) rose to all time highs; gaining 77.97% or 6.90 to 15.75.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 8.29% to 29.52.

Gold Futures for August delivery was down 0.06% or 1.15 to $1812.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.87% or 0.35 to hit $40.45 a barrel, while the September Brent oil contract rose 0.16% or 0.07 to trade at $43.09 a barrel.

EUR/USD was down 0.01% to 1.1395, while USD/JPY rose 0.03% to 107.26.

The US Dollar Index Futures was down 0.24% at 96.175.

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