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 2.39%

Published 04/14/2020, 05:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 2.39%
US500
-
DJI
-
BA
-
JPM
-
AAPL
-
RF
-
AXP
-
DVN
-
RTX
-
CMA
-
WBA
-
IXIC
-
CLUBQ
-
DJUSNC
-
DJUSCY
-
DJUSTC
-
CCL
-
SONN
-
CPRI
-
RCL
-
VIX
-
LFWD
-
MTVA
-
OBLN_old
-
WORX
-

Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Technology, Consumer Goods and Consumer Services sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 2.39% to hit a new 1-month high, while the S&P 500 index gained 3.06%, and the NASDAQ Composite index climbed 3.95%.

The best performers of the session on the Dow Jones Industrial Average were Raytheon Technologies Corp (NYSE:RTX), which rose 5.24% or 3.24 points to trade at 65.07 at the close. Meanwhile, Walgreens Boots Alliance Inc (NASDAQ:WBA) added 5.15% or 2.27 points to end at 46.38 and Apple Inc (NASDAQ:AAPL) was up 5.05% or 13.80 points to 287.05 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 4.30% or 6.33 points to trade at 141.00 at the close. JPMorgan Chase & Co (NYSE:JPM) declined 2.74% or 2.69 points to end at 95.50 and American Express Company (NYSE:AXP) was down 2.15% or 1.94 points to 88.39.

The top performers on the S&P 500 were Royal Caribbean Cruises Ltd (NYSE:RCL) which rose 13.40% to 37.84, Capri Holdings Ltd (NYSE:CPRI) which was up 10.59% to settle at 14.41 and Carnival Corporation (NYSE:CCL) which gained 8.78% to close at 12.51.

The worst performers were Devon Energy Corporation (NYSE:DVN) which was down 6.18% to 9.11 in late trade, Comerica Inc (NYSE:CMA) which lost 5.77% to settle at 30.89 and Regions Financial Corporation (NYSE:RF) which was down 5.15% to 10.12 at the close.

The top performers on the NASDAQ Composite were Obalon Therapeutics Inc (NASDAQ:OBLN) which rose 139.71% to 1.630, Chanticleer Holdings Inc (NASDAQ:SONN) which was up 61.74% to settle at 7.9900 and Rewalk Robotics Ltd (NASDAQ:RWLK) which gained 60.97% to close at 1.020.

The worst performers were Gemphire Therapeutics Inc (NASDAQ:NRBO) which was down 43.27% to 16.70 in late trade, Alliance MMA Inc (NASDAQ:WORX) which lost 29.70% to settle at 8.450 and Town Sports International Holdings (NASDAQ:CLUB) which was down 27.10% to 0.350 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2146 to 768 and 43 ended unchanged; on the Nasdaq Stock Exchange, 1878 rose and 798 declined, while 65 ended unchanged.

Shares in Town Sports International Holdings (NASDAQ:CLUB) fell to all time lows; losing 27.10% or 0.130 to 0.350.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 8.28% to 37.76 a new 1-month low.

Gold Futures for June delivery was down 0.32% or 5.60 to $1755.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 7.63% or 1.71 to hit $20.70 a barrel, while the June Brent oil contract rose 0.13% or 0.04 to trade at $30.05 a barrel.

EUR/USD was up 0.06% to 1.0986, while USD/JPY rose 0.00% to 107.20.

The US Dollar Index Futures was down 0.48% at 98.862.

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.