U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.59%

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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.59%

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

At the close in NYSE, the Dow Jones Industrial Average rose 0.59% to hit a new 1-month high, while the S&P 500 index added 0.22%, and the NASDAQ Composite index climbed 0.15%.

The biggest gainers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE: GS ), which rose 9.54% or 17.17 points to trade at 197.08 at the close. UnitedHealth Group Incorporated (NYSE: UNH ) added 1.79% or 4.59 points to end at 261.46 and American Express Company (NYSE: AXP ) was up 1.45% or 1.42 points to 99.41 in late trade.

Biggest losers included Verizon Communications Inc (NYSE: VZ ), which lost 1.76% or 1.02 points to trade at 57.08 in late trade. Pfizer Inc (NYSE: PFE ) declined 1.45% or 0.62 points to end at 42.11 and Coca-Cola Company (NYSE: KO ) shed 1.37% or 0.65 points to 46.92.

The top performers on the S&P 500 were Goldman Sachs Group Inc (NYSE: GS ) which rose 9.54% to 197.08, Bank of America Corp (NYSE: BAC ) which was up 7.16% to settle at 28.45 and United Continental Holdings Inc (NASDAQ: UAL ) which gained 6.35% to close at 86.36.

The worst performers were Ford Motor Company (NYSE: F ) which was down 6.22% to 8.29 in late trade, Nordstrom Inc (NYSE: JWN ) which lost 4.76% to settle at 45.01 and Edwards Lifesciences Corporation (NYSE: EW ) which was down 3.36% to 156.64 at the close.

The top performers on the NASDAQ Composite were Toughbuilt Industries Inc (NASDAQ: TBLT ) which rose 156.80% to 3.21, Biocept Inc (NASDAQ: BIOC ) which was up 40.12% to settle at 2.340 and Cool Holdings Inc (NASDAQ: AWSM ) which gained 38.37% to close at 2.380.

The worst performers were Aptinyx Inc (NASDAQ: APTX ) which was down 66.46% to 5.98 in late trade, Kitov Pharmaceuticals Holdings Ltd (NASDAQ: KTOV ) which lost 42.86% to settle at 1.600 and Luokung Technology Corp (NASDAQ: LKCO ) which was down 41.72% to 7.110 at the close.

Advancing stocks outnumbered falling ones by 1892 to 1110 and 129 ended unchanged; on the Nasdaq Stock Exchange, 1593 rose and 1039 declined, while 86 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 2.37% to 19.04.

In commodities trading, Gold Futures for February delivery was up 0.38% or 4.95 to $1293.35 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.44% or 0.23 to hit $52.34 a barrel, while the March Brent oil contract rose 1.15% or 0.70 to trade at $61.34 a barrel.

EUR/USD was down 0.17% to 1.1395, while USD/JPY rose 0.38% to 109.07.

The US Dollar Index Futures was up 0.05% at 95.727.

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