U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.03%

Source Investing

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

At the close in NYSE, the Dow Jones Industrial Average gained 1.03% to hit a new all time high, while the S&P 500 index gained 0.71%, and the NASDAQ Composite index added 0.60%.

The biggest gainers of the session on the Dow Jones Industrial Average were Honeywell International Inc (NASDAQ:HON), which rose 3.24% or 6.70 points to trade at 213.70 at the close. International Business Machines (NYSE:IBM) added 2.48% or 5.68 points to end at 234.30 and Caterpillar Inc (NYSE:CAT) was up 2.12% or 8.23 points to 396.19 in late trade.

Biggest losers included Boeing Co (NYSE:BA), which lost 3.41% or 5.28 points to trade at 149.37 in late trade. Salesforce Inc (NYSE:CRM) declined 1.25% or 3.65 points to end at 287.92 and Verizon Communications Inc (NYSE:VZ) gained 0.23% or 0.10 points to 44.11.

The top performers on the S&P 500 were Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which rose 10.91% to 23.07, Carnival Corporation (NYSE:CCL) which was up 7.02% to settle at 20.20 and Royal Caribbean Cruises Ltd (NYSE:RCL) which gained 5.26% to close at 193.03.

The worst performers were Constellation Energy Corp (NASDAQ:CEG) which was down 6.12% to 262.28 in late trade, NRG Energy Inc (NYSE:NRG) which lost 5.34% to settle at 88.56 and Boeing Co (NYSE:BA) which was down 3.41% to 149.37 at the close.

The top performers on the NASDAQ Composite were Dogwood Therapeutics Inc (NASDAQ:DWTX) which rose 1,725.81% to 2.83, Momentus Inc (NASDAQ:MNTS) which was up 155.42% to settle at 1.06 and Banzai International Inc (NASDAQ:BNZI) which gained 81.88% to close at 5.02.

The worst performers were BAIYU Holdings Inc (NASDAQ:BYU) which was down 51.49% to 0.49 in late trade, Sacks Parente Golf Inc (NASDAQ:SPGC) which lost 49.73% to settle at 1.83 and Nisun International Enterprise Development Group Co Ltd (NASDAQ:NISN) which was down 25.81% to 14.23 at the close.

Advancing stocks outnumbered falling ones by 1581 to 1205 and 99 ended unchanged; on the Nasdaq Stock Exchange, 1629 fell and 1628 advanced, while 140 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.61% to 20.86.

In commodities trading, Gold Futures for December delivery was down 0.35% or 9.35 to $2,626.05 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.33% or 0.24 to hit $73.33 a barrel, while the December Brent oil contract fell 0.62% or 0.48 to trade at $76.70 a barrel.

EUR/USD was unchanged 0.40% to 1.09, while USD/JPY rose 0.79% to 149.35.

The US Dollar Index Futures was up 0.39% at 102.70.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Plötzliche Korrektur an den chinesischen Aktienmärkten: Shanghai Composite verliert 4 %, ChiNext fällt um 7 %. Ist die Erholung vorbei?​Insights - Aufgrund höherer Erwartungen an fiskalische Stimulierungsmaßnahmen in China kam es zu einer plötzlichen Korrektur der zuvor stark gestiegenen chinesischen Vermögenswerte, was zu einer abrupten Stimmungswende auf dem Markt führte.
Author  Mitrade
16 hour ago
​Insights - Aufgrund höherer Erwartungen an fiskalische Stimulierungsmaßnahmen in China kam es zu einer plötzlichen Korrektur der zuvor stark gestiegenen chinesischen Vermögenswerte, was zu einer abrupten Stimmungswende auf dem Markt führte.
placeholder
China Stocks Slide on Weaker Economic RecoveryInsights - Chinese assets, which surged recently on hopes for stronger fiscal stimulus, saw a sharp reversal as market sentiment shifted. On Wednesday, mainland Chinese stocks plunged, with major in
Author  Mitrade
16 hour ago
Insights - Chinese assets, which surged recently on hopes for stronger fiscal stimulus, saw a sharp reversal as market sentiment shifted. On Wednesday, mainland Chinese stocks plunged, with major in
placeholder
After downgrading Amazon, Wells Fargo says buy Microsoft stockInvesting.com -- After downgrading Amazon (NASDAQ:AMZN) this week, Wells Fargo (NYSE:WFC) said it is increasing its Microsoft (NASDAQ:MSFT) position, recommending investors focus on the tech giant as part of its "Signature Picks" portfolio.
Author  Investing.com
21 hour ago
Investing.com -- After downgrading Amazon (NASDAQ:AMZN) this week, Wells Fargo (NYSE:WFC) said it is increasing its Microsoft (NASDAQ:MSFT) position, recommending investors focus on the tech giant as part of its "Signature Picks" portfolio.
placeholder
Here’s Why The Dogecoin And Shiba Inu Price Crashed AgainDogecoin and Shiba Inu prices have crashed again following their recent upward trend, which led to significant price gains. These price crashes are primarily due to the current macro environment and market uncertainty, which don’t favor risk assets like these meme coins.
Author  Bitcoinist
21 hour ago
Dogecoin and Shiba Inu prices have crashed again following their recent upward trend, which led to significant price gains. These price crashes are primarily due to the current macro environment and market uncertainty, which don’t favor risk assets like these meme coins.
placeholder
MBX Biosciences earns Buy rating at three investment firmsInvesting.com -- Three major investment firms started research coverage of MBX Biosciences stock on Tuesday, each assigning a Buy rating to the biotechnology company.
Author  Investing.com
21 hour ago
Investing.com -- Three major investment firms started research coverage of MBX Biosciences stock on Tuesday, each assigning a Buy rating to the biotechnology company.
goTop
quote