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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.65%

Published 2022-01-28, 05:25 p/m
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.65%
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Investing.com – U.S. equities were higher at the close on Friday, as gains in the Technology, Telecoms and Consumer Services sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.65%, while the S&P 500 index added 2.43%, and the NASDAQ Composite index climbed 3.13%.

The biggest gainers of the session on the Dow Jones Industrial Average were Visa Inc Class A (NYSE:V), which rose 10.60% or 21.85 points to trade at 228.00 at the close. Apple Inc (NASDAQ:AAPL) added 6.98% or 11.11 points to end at 170.33 and Salesforce.com Inc (NYSE:CRM) was up 4.41% or 9.39 points to 222.13 in late trade.

Biggest losers included Caterpillar Inc (NYSE:CAT), which lost 5.19% or 11.01 points to trade at 201.16 in late trade. 3M Company (NYSE:MMM) declined 4.15% or 7.06 points to end at 163.10 and Chevron Corp (NYSE:CVX) shed 3.52% or 4.76 points to 130.61.

The top performers on the S&P 500 were Visa Inc Class A (NYSE:V) which rose 10.60% to 228.00, Mastercard Inc (NYSE:MA) which was up 9.12% to settle at 382.51 and DexCom Inc (NASDAQ:DXCM) which gained 7.79% to close at 413.39.

The worst performers were Western Digital Corporation (NASDAQ:WDC) which was down 7.32% to 49.90 in late trade, Synchrony Financial (NYSE:SYF) which lost 6.75% to settle at 41.42 and VF Corporation (NYSE:VFC) which was down 6.52% to 62.96 at the close.

The top performers on the NASDAQ Composite were Imperial Petroleum Inc (NASDAQ:IMPP) which rose 87.93% to 2.18, Yoshitsu Co Ltd ADR (NASDAQ:TKLF) which was up 33.33% to settle at 3.40 and Mawson Infrastructure Group Inc (NASDAQ:MIGI) which gained 24.13% to close at 4.63.

The worst performers were Volcon Inc (NASDAQ:VLCN) which was down 21.16% to 2.98 in late trade, InVivo Therapeutics Holdings Corp (NASDAQ:NVIV) which lost 20.45% to settle at 0.3700 and DouYu International Holdings (NASDAQ:DOYU) which was down 19.05% to 2.040 at the close.

Advancing stocks outnumbered falling ones by 2231 to 1024 and 134 ended unchanged; on the Nasdaq Stock Exchange, 2653 rose and 1192 declined, while 211 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.28% to 27.66.

In commodities trading, Gold Futures for February delivery was down 0.17% or 3.00 to $1790.10 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.81% or 0.70 to hit $87.31 a barrel, while the April Brent oil contract rose 0.94% or 0.83 to trade at $89.00 a barrel.

EUR/USD was up 0.06% to 1.1150, while USD/JPY fell 0.10% to 115.22.

The US Dollar Index Futures was down 0.02% at 97.218.

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