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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.01%

Stock MarketsAug 27, 2018 04:26PM ET
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© Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.01%

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

At the close in NYSE, the Dow Jones Industrial Average added 1.01% to hit a new 6-months high, while the S&P 500 index gained 0.77%, and the NASDAQ Composite index climbed 0.91%.

The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 3.19% or 7.49 points to trade at 242.60 at the close. Meanwhile, Caterpillar Inc (NYSE:CAT) added 2.77% or 3.83 points to end at 142.04 and DowDuPont Inc (NYSE:DWDP) was up 2.31% or 1.60 points to 70.81 in late trade.

The worst performers of the session were Pfizer Inc (NYSE:PFE), which fell 1.93% or 0.82 points to trade at 41.58 at the close. Walmart Inc (NYSE:WMT) declined 0.43% or 0.41 points to end at 94.54 and Johnson & Johnson (NYSE:JNJ) was down 0.10% or 0.13 points to 134.92.

The top performers on the S&P 500 were Advanced Micro Devices Inc (NASDAQ:AMD) which rose 5.34% to 25.260, General Motors Company (NYSE:GM) which was up 4.83% to settle at 37.69 and Kansas City Southern (NYSE:KSU) which gained 4.69% to close at 119.04.

The worst performers were Signet Jewelers Ltd (NYSE:SIG) which was down 5.30% to 58.43 in late trade, Chipotle Mexican Grill Inc (NYSE:CMG) which lost 4.82% to settle at 495.60 and Under Armour Inc A (NYSE:UAA) which was down 4.07% to 20.62 at the close.

The top performers on the NASDAQ Composite were ATA Inc (NASDAQ:ATAI) which rose 179.17% to 2.010, Egalet Corp (NASDAQ:EGLT) which was up 35.59% to settle at 0.40 and AGM Group Holdings Inc Class A (NASDAQ:AGMH) which gained 27.64% to close at 24.01.

The worst performers were Eidos Therapeutics Inc (NASDAQ:EIDX) which was down 31.09% to 13.94 in late trade, Fuling Global Inc (NASDAQ:FORK) which lost 12.50% to settle at 2.450 and Alliance MMA Inc (NASDAQ:AMMA) which was down 13.33% to 0.36 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1848 to 1180 and 143 ended unchanged; on the Nasdaq Stock Exchange, 1375 rose and 1195 declined, while 156 ended unchanged.

Shares in Advanced Micro Devices Inc (NASDAQ:AMD) rose to 5-year highs; up 5.34% or 1.280 to 25.260. Shares in Kansas City Southern (NYSE:KSU) rose to 3-years highs; gaining 4.69% or 5.33 to 119.04. Shares in Eidos Therapeutics Inc (NASDAQ:EIDX) fell to all time lows; down 31.09% or 6.29 to 13.94. Shares in Fuling Global Inc (NASDAQ:FORK) fell to 52-week lows; down 12.50% or 0.350 to 2.450.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.33% to 12.15.

Gold Futures for December delivery was up 0.31% or 3.80 to $1217.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.32% or 0.22 to hit $68.94 a barrel, while the November Brent oil contract rose 0.63% or 0.48 to trade at $76.61 a barrel.

EUR/USD was up 0.50% to 1.1681, while USD/JPY fell 0.17% to 111.08.

The US Dollar Index Futures was down 0.44% at 94.66.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.01%
 

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