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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.88%

Published 2020-10-12, 05:25 p/m
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.88%
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Investing.com – U.S. equities were higher at the close on Monday, as gains in the Technology, Consumer Services and Consumer Goods sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.88% to hit a new 1-month high, while the S&P 500 index climbed 1.64%, and the NASDAQ Composite index added 2.56%.

The biggest gainers of the session on the Dow Jones Industrial Average were Apple Inc (NASDAQ:AAPL), which rose 6.35% or 7.43 points to trade at 124.40 at the close. Goldman Sachs Group Inc (NYSE:GS) added 3.17% or 6.58 points to end at 214.12 and Microsoft Corporation (NASDAQ:MSFT) was up 2.59% or 5.59 points to 221.40 in late trade.

Biggest losers included Dow Inc (NYSE:DOW), which lost 1.58% or 0.78 points to trade at 48.58 in late trade. Nike Inc (NYSE:NKE) declined 1.16% or 1.52 points to end at 129.46 and International Business Machines (NYSE:IBM) shed 0.45% or 0.58 points to 127.21.

The top performers on the S&P 500 were Apple Inc (NASDAQ:AAPL) which rose 6.35% to 124.40, Ford Motor Company (NYSE:F) which was up 5.79% to settle at 7.67 and Twitter Inc (NYSE:TWTR) which gained 5.12% to close at 48.25.

The worst performers were CF Industries Holdings Inc (NYSE:CF) which was down 5.78% to 29.52 in late trade, Coty Inc (NYSE:COTY) which lost 4.51% to settle at 3.39 and Apache Corporation (NASDAQ:APA) which was down 3.72% to 9.31 at the close.

The top performers on the NASDAQ Composite were Wah Fu Education Group Ltd (NASDAQ:WAFU) which rose 114.69% to 6.870, Hexindai Inc (NASDAQ:HX) which was up 58.52% to settle at 2.6000 and Iconix Brand Group Inc (NASDAQ:ICON) which gained 41.80% to close at 1.030.

The worst performers were Avenue Therapeutics Inc (NASDAQ:ATXI) which was down 58.97% to 4.53 in late trade, Lonestar Resources US Inc (OTC:LONEQ) which lost 39.80% to settle at 0.150 and Oasis Petroleum Inc (OTC:OASPQ) which was down 37.94% to 0.096 at the close.

Advancing stocks outnumbered falling ones by 1848 to 1215 and 105 ended unchanged; on the Nasdaq Stock Exchange, 1689 rose and 1197 declined, while 81 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.28% to 25.07.

In commodities trading, Gold Futures for December delivery was up 0.06% or 1.20 to $1927.40 a troy ounce. Meanwhile, Crude oil for delivery in November fell 2.71% or 1.10 to hit $39.50 a barrel, while the December Brent oil contract unchanged 0.00% or 0.00 to trade at $41.75 a barrel.

EUR/USD was down 0.04% to 1.1808, while USD/JPY rose 0.00% to 105.31.

The US Dollar Index Futures was up 0.01% at 93.073.

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