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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.98%

Published 2022-08-25, 04:25 p/m
© Reuters. U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.98%

Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Basic Materials, Technology and Financials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.98%, while the S&P 500 index gained 1.41%, and the NASDAQ Composite index climbed 1.67%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 3.53% or 5.78 points to trade at 169.38 at the close. Intel Corporation (NASDAQ:INTC) added 3.04% or 1.03 points to end at 34.89 and Dow Inc (NYSE:DOW) was up 2.80% or 1.52 points to 55.76 in late trade.

Biggest losers included Salesforce.com Inc (NYSE:CRM), which lost 3.39% or 6.10 points to trade at 173.91 in late trade. Procter & Gamble Company (NYSE:PG) declined 0.08% or 0.12 points to end at 145.70 and Walgreens Boots Alliance Inc (NASDAQ:WBA) gained 0.08% or 0.03 points to 36.80.

The top performers on the S&P 500 were NetApp Inc (NASDAQ:NTAP) which rose 7.88% to 78.56, DISH Network Corporation (NASDAQ:DISH) which was up 6.11% to settle at 18.57 and Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which gained 6.10% to close at 33.23.

The worst performers were Dollar Tree Inc (NASDAQ:DLTR) which was down 10.23% to 149.00 in late trade, Salesforce.com Inc (NYSE:CRM) which lost 3.39% to settle at 173.91 and Molson Coors Brewing Co Class B (NYSE:TAP) which was down 1.68% to 55.67 at the close.

The top performers on the NASDAQ Composite were Kiora Pharmaceuticals Inc (NASDAQ:KPRX) which rose 94.63% to 0.26, Bright Minds Biosciences Inc (NASDAQ:DRUG) which was up 45.96% to settle at 2.89 and Vivakor Inc (NASDAQ:VIVK) which gained 42.29% to close at 2.50.

The worst performers were Magic Empire Global Ltd (NASDAQ:MEGL) which was down 29.06% to 7.52 in late trade, Starbox Group Holdings Ltd (NASDAQ:STBX) which lost 27.87% to settle at 7.09 and GeoVax Labs Inc (NASDAQ:GOVX) which was down 22.49% to 1.31 at the close.

Advancing stocks outnumbered falling ones by 2462 to 666 and 169 ended unchanged; on the Nasdaq Stock Exchange, 2527 rose and 1250 declined, while 251 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.56% to 21.78.

In commodities trading, Gold Futures for December delivery was up 0.52% or 9.20 to $1,770.70 a troy ounce. Meanwhile, Crude oil for delivery in October fell 2.29% or 2.17 to hit $92.72 a barrel, while the October Brent oil contract fell 1.68% or 1.70 to trade at $99.52 a barrel.

EUR/USD was unchanged 0.13% to 1.00, while USD/JPY fell 0.44% to 136.51.

The US Dollar Index Futures was down 0.23% at 108.37.

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