U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.79%

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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.79%
Credit: © Reuters.

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

At the close in NYSE, the Dow Jones Industrial Average rose 1.79%, while the S&P 500 index added 1.86%, and the NASDAQ Composite index climbed 1.62%.

The biggest gainers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE: CAT ), which rose 5.35% or 9.78 points to trade at 192.61 at the close. Intel Corporation (NASDAQ: INTC ) added 4.38% or 2.05 points to end at 48.87 and Dow Inc (NYSE: DOW ) was up 3.62% or 2.07 points to 59.20 in late trade.

Biggest losers included Visa Inc Class A (NYSE: V ), which lost 0.23% or 0.49 points to trade at 208.48 in late trade. Walmart Inc (NYSE: WMT ) added 0.13% or 0.17 points to end at 136.16 and Procter & Gamble Company (NYSE: PG ) gained 0.31% or 0.48 points to 153.79.

The top performers on the S&P 500 were EPAM Systems Inc (NYSE: EPAM ) which rose 16.08% to 245.17, Hewlett Packard Enterprise Co (NYSE: HPE ) which was up 10.25% to settle at 16.99 and Las Vegas Sands Corp (NYSE: LVS ) which gained 10.17% to close at 44.40.

The worst performers were Charter Communications Inc (NASDAQ: CHTR ) which was down 3.99% to 570.99 in late trade, Enphase Energy Inc (NASDAQ: ENPH ) which lost 3.93% to settle at 163.89 and Dentsply Sirona Inc (NASDAQ: XRAY ) which was down 3.46% to 52.48 at the close.

The top performers on the NASDAQ Composite were Ecmoho Ltd (NASDAQ: MOHO ) which rose 56.65% to 0.37, Imperial Petroleum Inc (NASDAQ: IMPP ) which was up 39.19% to settle at 2.06 and Regulus Therapeutics Inc (NASDAQ: RGLS ) which gained 35.56% to close at 0.31.

The worst performers were SAB Biotherapeutics Inc (NASDAQ: SABS ) which was down 39.87% to 2.76 in late trade, Karyopharm Therapeutics Inc (NASDAQ: KPTI ) which lost 39.75% to settle at 6.26 and Puhui Wealth Investment Management Co Ltd (NASDAQ: PHCF ) which was down 36.08% to 0.84 at the close.

Advancing stocks outnumbered falling ones by 2431 to 796 and 119 ended unchanged; on the Nasdaq Stock Exchange, 2597 rose and 1210 declined, while 230 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was down 7.74% to 30.74.

In commodities trading, Gold Futures for April delivery was down 0.67% or 13.00 to $1,930.80 a troy ounce. Meanwhile, Crude oil for delivery in April rose 7.71% or 7.97 to hit $111.38 a barrel, while the May Brent oil contract rose 0.45% or 0.52 to trade at $115.08 a barrel.

EUR/USD was unchanged 0.02% to 1.11, while USD/JPY rose 0.03% to 115.54.

The US Dollar Index Futures was down 0.03% at 97.37.

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