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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.73%

Published 2023-08-25, 04:25 p/m
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.73%

Investing.com – U.S. equities were higher at the close on Friday, as gains in the Consumer Goods, Oil & Gas and Industrials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.73%, while the S&P 500 index added 0.67%, and the NASDAQ Composite index gained 0.94%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 2.81% or 6.10 points to trade at 223.41 at the close. Intel Corporation (NASDAQ:INTC) added 2.03% or 0.66 points to end at 33.25 and Salesforce Inc (NYSE:CRM) was up 1.93% or 3.96 points to 209.47 in late trade.

Biggest losers included Walgreens Boots Alliance Inc (NASDAQ:WBA), which lost 0.24% or 0.06 points to trade at 25.26 in late trade. The Travelers Companies Inc (NYSE:TRV) declined 0.12% or 0.20 points to end at 161.64 and JPMorgan Chase & Co (NYSE:JPM) shed 0.12% or 0.18 points to 147.05.

The top performers on the S&P 500 were Hasbro Inc (NASDAQ:HAS) which rose 5.66% to 69.68, Intuitive Surgical Inc (NASDAQ:ISRG) which was up 4.17% to settle at 297.55 and Intuit Inc (NASDAQ:INTU) which gained 4.12% to close at 519.05.

The worst performers were Advance Auto Parts Inc (NYSE:AAP) which was down 5.64% to 64.08 in late trade, DISH Network Corporation (NASDAQ:DISH) which lost 3.69% to settle at 6.00 and Ulta Beauty Inc (NASDAQ:ULTA) which was down 3.69% to 407.15 at the close.

The top performers on the NASDAQ Composite were YS Biopharma Co Ltd (NASDAQ:YS) which rose 65.56% to 1.25, VinFast Auto (NASDAQ:VFS) which was up 40.35% to settle at 68.77 and Alset Capital Acquisition Corp (NASDAQ:ACAX) which gained 39.46% to close at 10.85.

The worst performers were Prime Number Acquisition I Corp (NASDAQ:PNAC) which was down 46.95% to 4.26 in late trade, FG Merger Corp (NASDAQ:FGMC) which lost 41.79% to settle at 4.82 and Domo Inc (NASDAQ:DOMO) which was down 35.80% to 10.94 at the close.

Advancing stocks outnumbered falling ones by 1723 to 1138 and 114 ended unchanged; on the Nasdaq Stock Exchange, 1807 rose and 1652 declined, while 141 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 8.84% to 15.68.

In commodities trading, Gold Futures for December delivery was down 0.29% or 5.65 to $1,941.45 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.16% or 0.92 to hit $79.97 a barrel, while the October Brent oil contract rose 1.51% or 1.26 to trade at $84.62 a barrel.

EUR/USD was unchanged 0.13% to 1.08, while USD/JPY rose 0.38% to 146.43.

The US Dollar Index Futures was up 0.20% at 104.13.

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