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 5.20%

Published 03/17/2020, 05:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 5.20%
US500
-
DJI
-
BA
-
INTC
-
DIS
-
DOW
-
MCD
-
SO
-
APA
-
TRV
-
NBL
-
IXIC
-
GEENQ
-
RUTH
-
DJUSBM
-
DJUSUT
-
DJUSTC
-
CPRI
-
LYB
-
VIX
-
DBVT
-
PR
-
SNDEQ
-
GTYH
-

Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Utilities, Basic Materials and Technology sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 5.20%, while the S&P 500 index gained 5.99%, and the NASDAQ Composite index added 6.23%.

The best performers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW), which rose 20.91% or 4.60 points to trade at 26.60 at the close. Meanwhile, The Travelers Companies Inc (NYSE:TRV) added 13.29% or 11.31 points to end at 96.41 and Intel Corporation (NASDAQ:INTC) was up 12.26% or 5.47 points to 50.08 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 4.22% or 5.47 points to trade at 124.14 at the close. Walt Disney Company (NYSE:DIS) declined 1.56% or 1.48 points to end at 93.53 and McDonald’s Corporation (NYSE:MCD) was down 0.93% or 1.39 points to 147.62.

The top performers on the S&P 500 were Dow Inc (NYSE:DOW) which rose 20.91% to 26.60, LyondellBasell Industries NV (NYSE:LYB) which was up 19.54% to settle at 41.72 and Southern Company (NYSE:SO) which gained 18.77% to close at 56.56.

The worst performers were Noble Energy Inc (NASDAQ:NBL) which was down 19.89% to 4.19 in late trade, Apache Corporation (NYSE:APA) which lost 18.32% to settle at 4.46 and Capri Holdings Ltd (NYSE:CPRI) which was down 15.63% to 8.15 at the close.

The top performers on the NASDAQ Composite were Sundance Energy Australia Ltd ADR (NASDAQ:SNDE) which rose 265.00% to 3.65, GTY Technology Holdings Inc A (NASDAQ:GTYH) which was up 177.01% to settle at 10.00 and Global Eagle Entertainment Inc (NASDAQ:ENT) which gained 143.48% to close at 0.1792.

The worst performers were DBV Technologies (NASDAQ:DBVT) which was down 55.70% to 2.33 in late trade, Ruth's Hospitality Group Inc (NASDAQ:RUTH) which lost 34.86% to settle at 5.42 and Centennial Resource Development Inc (NASDAQ:CDEV) which was down 33.28% to 0.34 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1823 to 1104 and 28 ended unchanged; on the Nasdaq Stock Exchange, 1840 rose and 875 declined, while 35 ended unchanged.

Shares in Noble Energy Inc (NASDAQ:NBL) fell to 5-year lows; losing 19.89% or 1.04 to 4.19. Shares in Apache Corporation (NYSE:APA) fell to 5-year lows; down 18.32% or 1.00 to 4.46. Shares in Capri Holdings Ltd (NYSE:CPRI) fell to all time lows; falling 15.63% or 1.51 to 8.15. Shares in Boeing Co (NYSE:BA) fell to 3-years lows; falling 4.22% or 5.47 to 124.14. Shares in McDonald’s Corporation (NYSE:MCD) fell to 52-week lows; down 0.93% or 1.39 to 147.62. Shares in DBV Technologies (NASDAQ:DBVT) fell to all time lows; down 55.70% or 2.93 to 2.33. Shares in GTY Technology Holdings Inc A (NASDAQ:GTYH) rose to 52-week highs; up 177.01% or 6.39 to 10.00. Shares in Ruth's Hospitality Group Inc (NASDAQ:RUTH) fell to 5-year lows; losing 34.86% or 2.90 to 5.42. Shares in Centennial Resource Development Inc (NASDAQ:CDEV) fell to all time lows; down 33.28% or 0.17 to 0.34.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 8.20% to 75.91.

Gold Futures for April delivery was up 2.85% or 42.40 to $1528.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 6.10% or 1.77 to hit $27.23 a barrel, while the May Brent oil contract rose 0.28% or 0.08 to trade at $28.77 a barrel.

EUR/USD was up 0.07% to 1.1004, while USD/JPY rose 0.01% to 107.69.

The US Dollar Index Futures was up 1.68% at 99.797.

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.