U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.66%

28/01/2020 22:25:00 Stock Market

U.S. stocks were higher after the close on Tuesday, as gains in the Technology, Telecoms and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.66%, while the S&P 500 index gained 1.01%, and the NASDAQ Composite index climbed 1.43%.

The best performers of the session on the Dow Jones Industrial Average were Apple Inc (NASDAQ:AAPL), which rose 2.83% or 8.74 points to trade at 317.69 at the close. Meanwhile, Intel Corporation (NASDAQ:INTC) added 2.47% or 1.62 points to end at 67.31 and Microsoft Corporation (NASDAQ:MSFT) was up 1.96% or 3.18 points to 165.46 in late trade.

The worst performers of the session were 3M Company (NYSE:MMM), which fell 5.72% or 10.05 points to trade at 165.58 at the close. Pfizer Inc (NYSE:PFE) declined 5.03% or 2.02 points to end at 38.14 and Coca-Cola Company (NYSE:KO) was down 0.82% or 0.47 points to 57.01.

The top performers on the S&P 500 were PulteGroup Inc (NYSE:PHM) which rose 5.73% to 46.84, Whirlpool Corporation (NYSE:WHR) which was up 5.69% to settle at 156.67 and Xerox Corp (NYSE:XRX) which gained 4.94% to close at 36.78.

The worst performers were BorgWarner Inc (NYSE:BWA) which was down 7.64% to 35.43 in late trade, 3M Company (NYSE:MMM) which lost 5.72% to settle at 165.58 and F5 Networks Inc (NASDAQ:FFIV) which was down 5.05% to 126.00 at the close.

The top performers on the NASDAQ Composite were Nanthealth LLC (NASDAQ:NH) which rose 56.49% to 2.050, Acceleron P (NASDAQ:XLRN) which was up 50.16% to settle at 79.39 and Vaxart Inc (NASDAQ:VXRT) which gained 37.03% to close at 0.8800.

The worst performers were Lianluo Smart Ltd (NASDAQ:LLIT) which was down 32.73% to 1.8500 in late trade, Allied Healthcare Products Inc (NASDAQ:AHPI) which lost 31.95% to settle at 2.960 and Cleveland BioLabs Inc (NASDAQ:CBLI) which was down 31.95% to 2.7900 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1971 to 827 and 80 ended unchanged; on the Nasdaq Stock Exchange, 1776 rose and 837 declined, while 84 ended unchanged.

Shares in PulteGroup Inc (NYSE:PHM) rose to 5-year highs; gaining 5.73% or 2.54 to 46.84. Shares in Nanthealth LLC (NASDAQ:NH) rose to 52-week highs; gaining 56.49% or 0.740 to 2.050. Shares in Acceleron P (NASDAQ:XLRN) rose to all time highs; gaining 50.16% or 26.52 to 79.39.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 10.70% to 16.28.

Gold Futures for February delivery was down 0.71% or 11.25 to $1566.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.58% or 0.84 to hit $53.98 a barrel, while the April Brent oil contract fell 0.20% or 0.12 to trade at $59.21 a barrel.

EUR/USD was up 0.03% to 1.1023, while USD/JPY rose 0.02% to 109.15.

The US Dollar Index Futures was up 0.01% at 97.775.