U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.01%

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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.01%
Credit: © Reuters.

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

At the close in NYSE, the Dow Jones Industrial Average added 1.01%, while the S&P 500 index climbed 1.12%, and the NASDAQ Composite index added 2.03%.

The biggest gainers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE: BA ), which rose 3.74% or 6.59 points to trade at 182.87 at the close. Walmart Inc (NYSE: WMT ) added 2.60% or 3.99 points to end at 157.22 and American Express Company (NYSE: AXP ) was up 2.31% or 4.05 points to 179.59 in late trade.

Biggest losers included JPMorgan Chase & Co (NYSE: JPM ), which lost 3.22% or 4.24 points to trade at 127.30 in late trade. The Travelers Companies Inc (NYSE: TRV ) declined 0.67% or 1.23 points to end at 183.71 and 3M Company (NYSE: MMM ) gained 0.05% or 0.08 points to 148.66.

The top performers on the S&P 500 were American Airlines Group (NASDAQ: AAL ) which rose 10.62% to 18.95, Gap Inc (NYSE: GPS ) which was up 8.23% to settle at 14.46 and Host Hotels & Resorts Inc (NASDAQ: HST ) which gained 8.12% to close at 19.70.

The worst performers were AbbVie Inc (NYSE: ABBV ) which was down 4.19% to 158.95 in late trade, JPMorgan Chase & Co (NYSE: JPM ) which lost 3.22% to settle at 127.30 and PayPal Holdings Inc (NASDAQ: PYPL ) which was down 2.85% to 105.17 at the close.

The top performers on the NASDAQ Composite were Kaleido Biosciences Inc (NASDAQ: KLDO ) which rose 75.06% to 0.30, Antares Pharma Inc (NASDAQ: ATRS ) which was up 49.20% to settle at 5.58 and Veru Inc (NASDAQ: VERU ) which gained 42.86% to close at 14.30.

The worst performers were NanoString Technologies Inc (NASDAQ: NSTG ) which was down 33.63% to 21.87 in late trade, Polarityte Inc (NASDAQ: PTE ) which lost 30.84% to settle at 0.27 and Crown Electrokinetics Corp. (NASDAQ: CRKN ) which was down 19.63% to 1.31 at the close.

Advancing stocks outnumbered falling ones by 2442 to 795 and 124 ended unchanged; on the Nasdaq Stock Exchange, 2913 rose and 955 declined, while 226 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was down 10.06% to 21.82.

In commodities trading, Gold Futures for June delivery was up 0.10% or 1.90 to $1,978.00 a troy ounce. Meanwhile, Crude oil for delivery in May rose 3.72% or 3.74 to hit $104.34 a barrel, while the June Brent oil contract rose 4.09% or 4.28 to trade at $108.92 a barrel.

EUR/USD was up 0.58% to 1.09, while USD/JPY rose 0.24% to 125.64.

The US Dollar Index Futures was down 0.39% at 99.90.

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