Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.48%

Published 01/20/2017, 04:25 PM
Updated 01/20/2017, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.48%

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Basic Materials, Consumer Goods and Telecoms sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.48%, while the S&P 500 index added 0.34%, and the NASDAQ Composite index gained 0.28%.

The best performers of the session on the Dow Jones Industrial Average were Merck & Company Inc (NYSE:MRK), which rose 3.65% or 2.20 points to trade at 62.53 at the close. Meanwhile, Procter & Gamble Company (NYSE:PG) added 3.25% or 2.75 points to end at 87.45 and International Business Machines (NYSE:IBM) was up 2.24% or 3.74 points to 170.55 in late trade.

The worst performers of the session were General Electric Company (NYSE:GE), which fell 2.18% or 0.68 points to trade at 30.53 at the close. Wal-Mart Stores Inc (NYSE:WMT) declined 0.65% or 0.44 points to end at 67.18 and American Express Company (NYSE:AXP) was down 0.64% or 0.49 points to 76.20.

The top performers on the S&P 500 were Skyworks Solutions Inc (NASDAQ:SWKS) which rose 13.01% to 88.67, CF Industries Holdings Inc (NYSE:CF) which was up 6.05% to settle at 34.20 and Qorvo Inc (NASDAQ:QRVO) which gained 4.65% to close at 61.02.

The worst performers were Bristol-Myers Squibb Company (NYSE:BMY) which was down 11.28% to 49.23 in late trade, Transdigm Group Incorporated (NYSE:TDG) which lost 9.87% to settle at 226.90 and Endo International PLC (NASDAQ:ENDP) which was down 4.34% to 12.34 at the close.

The top performers on the NASDAQ Composite were Globus Maritime Ltd (NASDAQ:GLBS) which rose 31.79% to 9.7000, Transgenomi (NASDAQ:TBIO) which was up 30.30% to settle at 0.8600 and Cartesian I (NASDAQ:CRTN) which gained 33.64% to close at 1.430.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Naked Brand Group Inc (NASDAQ:NAKD) which was down 20.80% to 1.679 in late trade, Pluristem Therapeutics Inc (NASDAQ:PSTI) which lost 17.86% to settle at 1.1500 and Affimed NV (NASDAQ:AFMD) which was down 16.28% to 1.800 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2067 to 1128 and 45 ended unchanged; on the Nasdaq Stock Exchange, 1507 rose and 991 declined, while 127 ended unchanged.

Shares in Skyworks Solutions Inc (NASDAQ:SWKS) rose to 52-week highs; rising 13.01% or 10.21 to 88.67. Shares in Bristol-Myers Squibb Company (NYSE:BMY) fell to 52-week lows; losing 11.28% or 6.26 to 49.23. Shares in Endo International PLC (NASDAQ:ENDP) fell to 5-year lows; down 4.34% or 0.56 to 12.34. Shares in International Business Machines (NYSE:IBM) rose to 52-week highs; gaining 2.24% or 3.74 to 170.55. Shares in Affimed NV (NASDAQ:AFMD) fell to all time lows; losing 16.28% or 0.350 to 1.800.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.47% to 11.57.

Gold for February delivery was up 0.50% or 6.05 to $1207.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.05% or 1.07 to hit $53.19 a barrel, while the March Brent oil contract rose 2.36% or 1.28 to trade at $55.44 a barrel.

EUR/USD was up 0.29% to 1.0696, while USD/JPY fell 0.26% to 114.56.

The US Dollar Index was down 0.29% at 100.81.

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.