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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.26%

Published 2022-11-04, 04:25 p/m
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.26%

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

At the close in NYSE, the Dow Jones Industrial Average gained 1.26%, while the S&P 500 index gained 1.36%, and the NASDAQ Composite index climbed 1.28%.

The biggest gainers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 6.01% or 5.43 points to trade at 95.83 at the close. Dow Inc (NYSE:DOW) added 5.41% or 2.52 points to end at 49.01 and Caterpillar Inc (NYSE:CAT) was up 4.37% or 9.58 points to 228.84 in late trade.

Biggest losers included Salesforce Inc (NYSE:CRM), which lost 4.47% or 6.54 points to trade at 139.79 in late trade. UnitedHealth Group Incorporated (NYSE:UNH) declined 1.00% or 5.46 points to end at 538.15 and Apple Inc (NASDAQ:AAPL) shed 0.19% or 0.27 points to 138.38.

The top performers on the S&P 500 were Freeport-McMoran Copper & Gold Inc (NYSE:FCX) which rose 11.53% to 35.20, Estee Lauder Companies Inc (NYSE:EL) which was up 8.69% to settle at 210.62 and Newmont Goldcorp Corp (NYSE:NEM) which gained 8.55% to close at 41.02.

The worst performers were Warner Bros Discovery Inc (NASDAQ:WBD) which was down 12.87% to 10.43 in late trade, Live Nation Entertainment Inc (NYSE:LYV) which lost 7.25% to settle at 70.88 and ServiceNow Inc (NYSE:NOW) which was down 6.12% to 361.95 at the close.

The top performers on the NASDAQ Composite were Huadi International Group Co Ltd (NASDAQ:HUDI) which rose 70.26% to 180.00, Sentage Holdings Inc (NASDAQ:SNTG) which was up 34.54% to settle at 4.09 and Digimarc Corporation (NASDAQ:DMRC) which gained 29.35% to close at 18.95.

The worst performers were Pulmonx Corp (NASDAQ:LUNG) which was down 60.94% to 4.82 in late trade, Funko Inc (NASDAQ:FNKO) which lost 59.38% to settle at 7.92 and Sensus Healthcare Inc (NASDAQ:SRTS) which was down 51.23% to 6.34 at the close.

Advancing stocks outnumbered falling ones by 2275 to 839 and 85 ended unchanged; on the Nasdaq Stock Exchange, 2070 rose and 1658 declined, while 202 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.96% to 24.55 a new 1-month low.

In commodities trading, Gold Futures for December delivery was up 3.30% or 53.80 to $1,684.70 a troy ounce. Meanwhile, Crude oil for delivery in December rose 5.09% or 4.49 to hit $92.66 a barrel, while the January Brent oil contract rose 4.24% or 4.01 to trade at $98.68 a barrel.

EUR/USD was up 2.16% to 1.00, while USD/JPY fell 1.12% to 146.62.

The US Dollar Index Futures was down 1.91% at 110.65.

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