EconomyEditor's PickNewsU.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.20%

2 years ago3412 min
imageStock Markets1 hour ago (Sep 24, 2020 05:25PM ET)

(C) Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.20% – U.S. stocks were higher after the close on Thursday, as gains in the Utilities, Basic Materials and Telecoms sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.20%, while the S&P 500 index added 0.30%, and the NASDAQ Composite index gained 0.37%.

The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 4.83% or 8.99 points to trade at 195.11 at the close. Meanwhile, Microsoft Corporation (NASDAQ:MSFT) added 1.30% or 2.60 points to end at 203.19 and Apple Inc (NASDAQ:AAPL) was up 1.03% or 1.10 points to 108.22 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 3.39% or 5.13 points to trade at 146.05 at the close. Nike Inc (NYSE:NKE) declined 1.86% or 2.36 points to end at 124.75 and Cisco Systems Inc (NASDAQ:CSCO) was down 1.12% or 0.43 points to 37.85.

The top performers on the S&P 500 were Darden Restaurants Inc (NYSE:DRI) which rose 8.12% to 97.31, Jefferies Financial Group Inc (NYSE:JEF) which was up 6.80% to settle at 18.23 and Illumina Inc (NASDAQ:ILMN) which gained 4.88% to close at 286.31.

The worst performers were CarMax Inc (NYSE:KMX) which was down 11.00% to 94.28 in late trade, Accenture plc (NYSE:ACN) which lost 7.04% to settle at 214.42 and Coty Inc (NYSE:COTY) which was down 5.14% to 2.77 at the close.

The top performers on the NASDAQ Composite were Sunworks Inc (NASDAQ:SUNW) which rose 238.79% to 3.930, Peck Company Holdings Inc (NASDAQ:PECK) which was up 131.67% to settle at 7.90 and Polar Power Inc (NASDAQ:POLA) which gained 92.19% to close at 3.690.

The worst performers were Golar LNG Limited (NASDAQ:GLNG) which was down 32.35% to 6.86 in late trade, Kubient Inc (NASDAQ:KBNT) which lost 25.32% to settle at 2.92 and MediciNova Inc (NASDAQ:MNOV) which was down 22.04% to 4.67 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1545 to 1518 and 94 ended unchanged; on the Nasdaq Stock Exchange, 1633 fell and 1214 advanced, while 78 ended unchanged.

Shares in Coty Inc (NYSE:COTY) fell to all time lows; losing 5.14% or 0.15 to 2.77. Shares in Sunworks Inc (NASDAQ:SUNW) rose to 52-week highs; rising 238.79% or 2.770 to 3.930. Shares in Peck Company Holdings Inc (NASDAQ:PECK) rose to 52-week highs; up 131.67% or 4.49 to 7.90. Shares in Kubient Inc (NASDAQ:KBNT) fell to all time lows; losing 25.32% or 0.99 to 2.92.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.24% to 28.51.

Gold Futures for December delivery was up 0.20% or 3.65 to $1872.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.65% or 0.26 to hit $40.19 a barrel, while the November Brent oil contract fell 0.02% or 0.01 to trade at $41.74 a barrel.

EUR/USD was up 0.01% to 1.1674, while USD/JPY rose 0.01% to 105.42.

The US Dollar Index Futures was down 0.06% at 94.390.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.20%

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