U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.39%

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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.39%
Credit: © Reuters.

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

At the close in NYSE, the Dow Jones Industrial Average rose 1.39% to hit a new 1-month high, while the S&P 500 index gained 0.64%, and the NASDAQ Composite index gained 0.52%.

The biggest gainers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE: DIS ), which rose 8.80% or 10.32 points to trade at 127.61 at the close. Boeing Co (NYSE: BA ) added 5.58% or 9.21 points to end at 174.28 and Raytheon Technologies Corp (NYSE: RTX ) was up 4.38% or 2.52 points to 60.03 in late trade.

Biggest losers included Walmart Inc (NYSE: WMT ), which lost 1.39% or 1.83 points to trade at 129.81 in late trade. Cisco Systems Inc (NASDAQ: CSCO ) declined 0.71% or 0.34 points to end at 47.33 and Verizon Communications Inc (NYSE: VZ ) shed 0.64% or 0.37 points to 57.54.

The top performers on the S&P 500 were Assurant Inc (NYSE: AIZ ) which rose 14.15% to 122.31, Arconic Inc (NYSE: ARNC ) which was up 12.49% to settle at 19.64 and Capri Holdings Ltd (NYSE: CPRI ) which gained 11.40% to close at 15.64.

The worst performers were Arista Networks (NYSE: ANET ) which was down 10.93% to 235.13 in late trade, Microchip Technology Inc (NASDAQ: MCHP ) which lost 8.22% to settle at 98.50 and Fox Corp Class A (NASDAQ: FOXA ) which was down 7.29% to 24.73 at the close.

The top performers on the NASDAQ Composite were Biofrontera AG ADR (NASDAQ: BFRA ) which rose 378.57% to 26.80, Myos Rens Technology Inc (NASDAQ: MYOS ) which was up 48.39% to settle at 1.840 and Willis Lease Finance Corporation (NASDAQ: WLFC ) which gained 37.41% to close at 28.10.

The worst performers were Puhui Wealth Investment Management Co Ltd (NASDAQ: PHCF ) which was down 25.74% to 2.770 in late trade, EverQuote Inc Class A (NASDAQ: EVER ) which lost 22.97% to settle at 41.69 and SINTX Technologies Inc (NASDAQ: SINT ) which was down 22.39% to 2.530 at the close.

Advancing stocks outnumbered falling ones by 2127 to 905 and 90 ended unchanged; on the Nasdaq Stock Exchange, 1866 rose and 904 declined, while 81 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was down 3.24% to 22.99 a new 3-month low.

In commodities trading, Gold Futures for October delivery was up 1.59% or 31.90 to $2040.40 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.20% or 0.50 to hit $42.20 a barrel, while the October Brent oil contract rose 0.20% or 0.09 to trade at $45.28 a barrel.

EUR/USD was up 0.05% to 1.1866, while USD/JPY rose 0.02% to 105.59.

The US Dollar Index Futures was down 0.60% at 92.820.

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