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U.S. shares higher at close of trade; Dow Jones Industrial Average up 4.89%

Published 2020-03-10, 06:25 p/m
© Reuters.  U.S. shares higher at close of trade; Dow Jones Industrial Average up 4.89%
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Investing.com – U.S. equities were higher at the close on Tuesday, as gains in the Technology, Financials and Industrials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 4.89%, while the S&P 500 index gained 4.94%, and the NASDAQ Composite index gained 4.95%.

The biggest gainers of the session on the Dow Jones Industrial Average were JPMorgan Chase & Co (NYSE:JPM), which rose 7.77% or 7.26 points to trade at 100.70 at the close. Home Depot Inc (NYSE:HD) added 7.24% or 15.24 points to end at 225.70 and Apple Inc (NASDAQ:AAPL) was up 7.20% or 19.17 points to 285.34 in late trade.

Biggest losers included Verizon Communications Inc (NYSE:VZ), which added 1.24% or 0.69 points to trade at 56.52 in late trade. Walgreens Boots Alliance Inc (NASDAQ:WBA) added 1.49% or 0.72 points to end at 49.16 and Boeing Co (NYSE:BA) gained 1.69% or 3.84 points to 231.01.

The top performers on the S&P 500 were Marathon Oil Corporation (NYSE:MRO) which rose 21.21% to 4.40, Pioneer Natural Resources Co (NYSE:PXD) which was up 20.43% to settle at 79.86 and Hess Corporation (NYSE:HES) which gained 20.32% to close at 39.68.

The worst performers were Linde PLC (DE:LINI) which was down 3.76% to 148.300 in late trade, Quest Diagnostics Incorporated (NYSE:DGX) which lost 3.19% to settle at 106.34 and Laboratory Corporation of America Holdings (NYSE:LH) which was down 3.06% to 170.71 at the close.

The top performers on the NASDAQ Composite were Aytu BioScience Inc (NASDAQ:AYTU) which rose 489.08% to 2.0500, Moxian Inc (NASDAQ:MOXC) which was up 146.00% to settle at 1.230 and Cypress Semiconductor Corporation (NASDAQ:CY) which gained 48.89% to close at 22.75.

The worst performers were Spherix Inc (NASDAQ:SPEX) which was down 43.17% to 1.830 in late trade, Inovio Pharmaceuticals Inc (NASDAQ:INO) which lost 42.01% to settle at 5.70 and Vaxart Inc (NASDAQ:VXRT) which was down 31.16% to 1.9000 at the close.

Advancing stocks outnumbered falling ones by 2151 to 726 and 51 ended unchanged; on the Nasdaq Stock Exchange, 1826 rose and 864 declined, while 45 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 13.15% to 47.30.

In commodities trading, Gold Futures for April delivery was up 0.10% or 1.65 to $1651.10 a troy ounce. Meanwhile, Crude oil for delivery in April fell 1.29% or 0.45 to hit $34.42 a barrel, while the May Brent oil contract fell 0.29% or 0.11 to trade at $37.83 a barrel.

EUR/USD was up 0.14% to 1.1295, while USD/JPY fell 0.47% to 105.14.

The US Dollar Index Futures was up 1.73% at 96.510.

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