U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.22%

Investing.com

Published Oct 19, 2016 04:25PM ET

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.22%

Investing.com – U.S. stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Basic Materials and Financials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.22%, while the S&P 500 index added 0.22%, and the NASDAQ Composite index added 0.05%.

The best performers of the session on the Dow Jones Industrial Average were American Express Company (NYSE:AXP), which rose 1.96% or 1.18 points to trade at 61.26 at the close. Meanwhile, Visa Inc (NYSE:V) added 1.48% or 1.21 points to end at 82.79 and Nike Inc (NYSE:NKE) was up 1.13% or 0.58 points to 51.80 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 5.93% or 2.24 points to trade at 35.51 at the close. Procter & Gamble Company (NYSE:PG) declined 1.42% or 1.23 points to end at 85.55 and Johnson & Johnson (NYSE:JNJ) was down 0.69% or 0.80 points to 114.61.

The top performers on the S&P 500 were First Solar Inc (NASDAQ:FSLR) which rose 5.94% to 41.92, Transocean Ltd (NYSE:RIG) which was up 5.61% to settle at 10.46 and Michael Kors Holdings Limited (NYSE:KORS) which gained 5.45% to close at 50.11.

The worst performers were Assurant Inc (NYSE:AIZ) which was down 8.35% to 83.68 in late trade, Intel Corporation (NASDAQ:INTC) which lost 5.93% to settle at 35.51 and Intuitive Surgical Inc (NASDAQ:ISRG) which was down 5.56% to 681.58 at the close.

The top performers on the NASDAQ Composite were Vanguard Natural Resources LLC (NASDAQ:VNR) which rose 53.70% to 0.810, Cerulean Ph (NASDAQ:CERU) which was up 37.68% to settle at 0.950 and Technical Communications (NASDAQ:TCCO) which gained 21.28% to close at 2.850.

The worst performers were Escalon Medical Corp (NASDAQ:ESMC) which was down 26.21% to 0.4110 in late trade, Sysorex Global (NASDAQ:SYRX) which lost 22.00% to settle at 0.1950 and VASCO Data Security International (NASDAQ:VDSI) which was down 16.33% to 15.01 at the close.

Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2207 to 937 and 95 ended unchanged; on the Nasdaq Stock Exchange, 1428 rose and 988 declined, while 175 ended unchanged.

Shares in Escalon Medical Corp (NASDAQ:ESMC) fell to 3-years lows; falling 26.21% or 0.1460 to 0.4110. Shares in Sysorex Global (NASDAQ:SYRX) fell to 5-year lows; losing 22.00% or 0.0550 to 0.1950.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.82% to 14.39.

Gold for December delivery was up 0.57% or 7.15 to $1270.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.25% or 1.13 to hit $51.42 a barrel, while the December Brent oil contract rose 1.68% or 0.87 to trade at $52.55 a barrel.

EUR/USD was down 0.07% to 1.0971, while USD/JPY fell 0.39% to 103.43.

The US Dollar Index was up 0.03% at 97.91.

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes