U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.63%

Source Investing

Investing.com – U.S. equities were higher at the close on Friday, as gains in the Consumer Goods, Utilities and Financials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.63% to hit a new all time high, while the S&P 500 index gained 0.38%, and the NASDAQ Composite index climbed 0.01%.

The biggest gainers of the session on the Dow Jones Industrial Average were Salesforce Inc (NYSE:CRM), which rose 3.27% or 10.15 points to trade at 320.93 at the close. Procter&Gamble Company (NYSE:PG) added 2.40% or 3.92 points to end at 167.33 and Merck&Company Inc (NYSE:MRK) was up 1.80% or 1.82 points to 102.99 in late trade.

Biggest losers included Dow Inc (NYSE:DOW), which lost 4.58% or 2.24 points to trade at 46.66 in late trade. Caterpillar Inc (NYSE:CAT) declined 3.39% or 13.85 points to end at 394.36 and Amazon.com Inc (NASDAQ:AMZN) shed 0.91% or 1.92 points to 208.13.

The top performers on the S&P 500 were Axon Enterprise Inc (NASDAQ:AXON) which rose 26.56% to 593.23, Insulet Corporation (NASDAQ:PODD) which was up 10.91% to settle at 271.71 and Fortinet Inc (NASDAQ:FTNT) which gained 9.36% to close at 91.51.

The worst performers were Akamai Technologies Inc (NASDAQ:AKAM) which was down 13.45% to 90.36 in late trade, Airbnb Inc (NASDAQ:ABNB) which lost 8.92% to settle at 134.23 and Arista Networks (NYSE:ANET) which was down 7.55% to 398.48 at the close.

The top performers on the NASDAQ Composite were Innodata Inc (NASDAQ:INOD) which rose 76.87% to 43.05, Sezzle Inc (NASDAQ:SEZL) which was up 67.68% to settle at 420.00 and Sonder Holdings Inc (NASDAQ:SOND) which gained 70.85% to close at 4.63.

The worst performers were ProPhase Labs Inc (NASDAQ:PRPH) which was down 48.24% to 0.74 in late trade, Earlyworks Co Ltd ADR (NASDAQ:ELWS) which lost 44.00% to settle at 3.78 and Maravai Lifesciences Holdings Inc (NASDAQ:MRVI) which was down 37.24% to 4.92 at the close.

Advancing stocks outnumbered falling ones by 1612 to 1195 and 35 ended unchanged; on the Nasdaq Stock Exchange, 1658 rose and 1615 declined, while 74 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was unchanged 0.00% to 15.20 a new 1-month low.

In commodities trading, Gold Futures for December delivery was down 0.40% or 10.90 to $2,694.90 a troy ounce. Meanwhile, Crude oil for delivery in December fell 2.54% or 1.84 to hit $70.52 a barrel, while the January Brent oil contract fell 2.12% or 1.60 to trade at $74.03 a barrel.

EUR/USD was down 0.83% to 1.07, while USD/JPY fell 0.19% to 152.64.

The US Dollar Index Futures was up 0.50% at 104.89.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold holds steady below $4,150 amid elevated US yields Gold price (XAU/USD) trades on a flat note near $4,140 during the early Asian session on Tuesday. Pressure from a stronger US Dollar (USD) and elevated US Treasury yields was offset by reduced expectations of a Federal Reserve (Fed) rate hike this month.
Author  FXStreet
Oct 06, Tue
Gold price (XAU/USD) trades on a flat note near $4,140 during the early Asian session on Tuesday. Pressure from a stronger US Dollar (USD) and elevated US Treasury yields was offset by reduced expectations of a Federal Reserve (Fed) rate hike this month.
placeholder
WTI rises to near $89.50 as Middle East supply threats offset Persian Gulf recoveryWest Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $89.50 per barrel during the Asian hours on Wednesday. Crude oil climbed as persistent risks to Middle East energy flows overshadowed signs of rising supply from the region.
Author  FXStreet
Oct 07, Wed
West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $89.50 per barrel during the Asian hours on Wednesday. Crude oil climbed as persistent risks to Middle East energy flows overshadowed signs of rising supply from the region.
placeholder
WTI slips below $90.50 as Trump signals no pre-election strike on IranWest Texas Intermediate (WTI) oil price declines after posting nearly 2.5% gains in the previous day, trading around $90.30 per barrel during Asian hours on Friday.
Author  FXStreet
Yesterday 01: 23
West Texas Intermediate (WTI) oil price declines after posting nearly 2.5% gains in the previous day, trading around $90.30 per barrel during Asian hours on Friday.
placeholder
【Daily Brief】Gold rebounds 1% off a two-month low, Nasdaq drops 1.25% and yields ease — the storm premium keeps WTI near $91Gold trades at $4,174 after rebounding from Wednesday's $4,090 two-month low, the Nasdaq fell 1.25% while the Dow edged higher, and the 10-year Treasury eased to 5.23% from the week's highs. Hurricane Isaias keeps about 25% of Gulf output shut in with WTI near $91, and bitcoin holds below $82,000. The next scheduled tests are the EIA report on 15 October and the FOMC on 27-28 October.
Author  Irene Q.
19 hours ago
Gold trades at $4,174 after rebounding from Wednesday's $4,090 two-month low, the Nasdaq fell 1.25% while the Dow edged higher, and the 10-year Treasury eased to 5.23% from the week's highs. Hurricane Isaias keeps about 25% of Gulf output shut in with WTI near $91, and bitcoin holds below $82,000. The next scheduled tests are the EIA report on 15 October and the FOMC on 27-28 October.
placeholder
Hurricane Isaias has shut in a quarter of Gulf oil output — can WTI clear $92 before Thursday's EIA report?WTI trades at $90.80 after rebounding roughly 3% from Wednesday's $87.96 low as Hurricane Isaias — the Atlantic season's first — forces producers to shut in about 25% of US Gulf of Mexico output. Brent holds at $103.41. The first official read on the disruption arrives with the EIA weekly petroleum report on Thursday 15 October — here are the key levels and both scenarios.
Author  Irene Q.
19 hours ago
WTI trades at $90.80 after rebounding roughly 3% from Wednesday's $87.96 low as Hurricane Isaias — the Atlantic season's first — forces producers to shut in about 25% of US Gulf of Mexico output. Brent holds at $103.41. The first official read on the disruption arrives with the EIA weekly petroleum report on Thursday 15 October — here are the key levels and both scenarios.
goTop
quote