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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.80%

Published 2023-04-28, 04:25 p/m
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.80%

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

At the close in NYSE, the Dow Jones Industrial Average gained 0.80% to hit a new 1-month high, while the S&P 500 index added 0.83%, and the NASDAQ Composite index climbed 0.69%.

The biggest gainers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 4.02% or 1.20 points to trade at 31.06 at the close. Walt Disney Company (NYSE:DIS) added 2.57% or 2.57 points to end at 102.50 and Home Depot Inc (NYSE:HD) was up 2.25% or 6.61 points to 300.54 in late trade.

Biggest losers included International Business Machines (NYSE:IBM), which lost 0.44% or 0.56 points to trade at 126.41 in late trade. Walmart Inc (NYSE:WMT) declined 0.27% or 0.41 points to end at 150.97 and Amgen Inc (NASDAQ:AMGN) shed 0.25% or 0.60 points to 239.74.

The top performers on the S&P 500 were Charter Communications Inc (NASDAQ:CHTR) which rose 7.57% to 368.70, Mohawk Industries Inc (NYSE:MHK) which was up 7.21% to settle at 105.90 and Lumen Technologies Inc (NYSE:LUMN) which gained 7.24% to close at 2.37.

The worst performers were First Republic Bank (NYSE:FRC) which was down 43.30% to 3.51 in late trade, Signature Bank (OTC:SBNY) which lost 24.30% to settle at 0.10 and SVB Financial Group (OTC:SIVBQ) which was down 13.10% to 0.49 at the close.

The top performers on the NASDAQ Composite were TOP Financial Group Ltd (NASDAQ:TOP) which rose 441.05% to 108.21, Huadi International Group Co Ltd (NASDAQ:HUDI) which was up 382.78% to settle at 13.18 and Magic Empire Global Ltd (NASDAQ:MEGL) which gained 331.03% to close at 4.00.

The worst performers were Hillstream Biopharma Inc (NASDAQ:HILS) which was down 59.49% to 0.44 in late trade, Centogene B V (NASDAQ:CNTG) which lost 33.06% to settle at 0.81 and Addus HomeCare Corporation (NASDAQ:ADUS) which was down 28.31% to 81.74 at the close.

Advancing stocks outnumbered falling ones by 2184 to 802 and 104 ended unchanged; on the Nasdaq Stock Exchange, 2265 rose and 1305 declined, while 168 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.34% to 15.78 a new 52-week low.

In commodities trading, Gold Futures for June delivery was down 0.06% or 1.20 to $1,997.80 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.66% or 1.99 to hit $76.75 a barrel, while the July Brent oil contract rose 2.70% or 2.11 to trade at $80.33 a barrel.

EUR/USD was unchanged 0.10% to 1.10, while USD/JPY rose 1.74% to 136.26.

The US Dollar Index Futures was up 0.16% at 101.41.

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