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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.85%

Published 2022-04-28, 04:25 p/m
© Reuters U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.85%
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Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Technology, Oil & Gas and Consumer Services sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.85%, while the S&P 500 index climbed 2.47%, and the NASDAQ Composite index gained 3.06%.

The biggest gainers of the session on the Dow Jones Industrial Average were Salesforce.com Inc (NYSE:CRM), which rose 6.33% or 11.06 points to trade at 185.74 at the close. Merck & Company Inc (NYSE:MRK) added 4.94% or 4.17 points to end at 88.58 and Nike Inc (NYSE:NKE) was up 4.79% or 5.81 points to 127.05 in late trade.

Biggest losers included Amgen Inc (NASDAQ:AMGN), which lost 4.28% or 10.66 points to trade at 238.13 in late trade. Caterpillar Inc (NYSE:CAT) declined 0.71% or 1.52 points to end at 212.44 and Boeing Co (NYSE:BA) shed 0.16% or 0.24 points to 154.22.

The top performers on the S&P 500 were Meta Platforms Inc (NASDAQ:FB) which rose 17.59% to 205.73, PTC Inc (NASDAQ:PTC) which was up 17.18% to settle at 114.39 and PayPal Holdings Inc (NASDAQ:PYPL) which gained 11.48% to close at 92.09.

The worst performers were Align Technology Inc (NASDAQ:ALGN) which was down 15.47% to 304.66 in late trade, O’Reilly Automotive Inc (NASDAQ:ORLY) which lost 12.62% to settle at 623.28 and Stanley Black & Decker Inc (NYSE:SWK) which was down 8.63% to 127.13 at the close.

The top performers on the NASDAQ Composite were T Stamp Inc (NASDAQ:IDAI) which rose 123.81% to 4.70, Statera Biopharma Inc (NASDAQ:STAB) which was up 81.87% to settle at 0.38 and Swvl Holdings Corp (NASDAQ:SWVL) which gained 50.15% to close at 10.09.

The worst performers were Sio Gene Therapies Inc (NASDAQ:SIOX) which was down 48.57% to 0.31 in late trade, BIOLASE Inc (NASDAQ:BIOL) which lost 34.20% to settle at 0.20 and Limelight Networks Inc (NASDAQ:LLNW) which was down 25.06% to 3.38 at the close.

Advancing stocks outnumbered falling ones by 2531 to 681 and 125 ended unchanged; on the Nasdaq Stock Exchange, 2504 rose and 1328 declined, while 265 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.09% to 29.99.

In commodities trading, Gold Futures for June delivery was up 0.37% or 7.04 to $1,895.74 a troy ounce. Meanwhile, Crude oil for delivery in June rose 3.22% or 3.28 to hit $105.30 a barrel, while the July Brent oil contract rose 2.28% or 2.39 to trade at $107.34 a barrel.

EUR/USD was unchanged 0.47% to 1.05, while USD/JPY rose 1.87% to 130.82.

The US Dollar Index Futures was up 0.67% at 103.66.

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