EconomyEditor's PickNewsU.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.68%

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imageStock Markets15 minutes ago (Oct 05, 2020 05:25PM ET)

(C) Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.68% – U.S. stocks were higher after the close on Monday, as gains in the Oil & Gas, Technology and Healthcare sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.68% to hit a new 1-month high, while the S&P 500 index gained 1.80%, and the NASDAQ Composite index added 2.32%.

The best performers of the session on the Dow Jones Industrial Average were Amgen Inc (NASDAQ:AMGN), which rose 4.32% or 10.60 points to trade at 256.01 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) added 3.08% or 3.48 points to end at 116.50 and The Travelers Companies Inc (NYSE:TRV) was up 3.07% or 3.33 points to 111.91 in late trade.

The worst performers of the session were Coca-Cola Company (NYSE:KO), which rose 0.04% or 0.02 points to trade at 49.38 at the close. Merck & Company Inc (NYSE:MRK) added 0.54% or 0.44 points to end at 81.24 and Walt Disney Company (NYSE:DIS) was up 0.67% or 0.82 points to 123.37.

The top performers on the S&P 500 were Regeneron Pharmaceuticals Inc (NASDAQ:REGN) which rose 7.13% to 605.08, United Rentals Inc (NYSE:URI) which was up 6.85% to settle at 197.70 and Occidental Petroleum Corporation (NYSE:OXY) which gained 6.48% to close at 10.51.

The worst performers were DR Horton Inc (NYSE:DHI) which was down 2.81% to 75.70 in late trade, The Charles Schwab Corporation (NYSE:SCHW) which lost 1.94% to settle at 36.94 and Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which was down 1.62% to 16.99 at the close.

The top performers on the NASDAQ Composite were Westwater Resources Inc (NASDAQ:WWR) which rose 87.33% to 8.280, GreenPro Capital Corp (NASDAQ:GRNQ) which was up 70.64% to settle at 1.8600 and MyoKardia Inc (NASDAQ:MYOK) which gained 57.84% to close at 220.34.

The worst performers were Westell Technologies Inc (NASDAQ:WSTL) which was down 17.89% to 0.920 in late trade, Synalloy Corporation (NASDAQ:SYNL) which lost 17.28% to settle at 4.69 and Lonestar Resources Ltd (NASDAQ:LONE) which was down 12.25% to 0.275 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2332 to 779 and 66 ended unchanged; on the Nasdaq Stock Exchange, 2214 rose and 682 declined, while 75 ended unchanged.

Shares in United Rentals Inc (NYSE:URI) rose to all time highs; gaining 6.85% or 12.68 to 197.70. Shares in Westwater Resources Inc (NASDAQ:WWR) rose to 52-week highs; up 87.33% or 3.860 to 8.280. Shares in Synalloy Corporation (NASDAQ:SYNL) fell to 5-year lows; losing 17.28% or 0.98 to 4.69. Shares in MyoKardia Inc (NASDAQ:MYOK) rose to all time highs; rising 57.84% or 80.74 to 220.34.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.19% to 27.96.

Gold Futures for December delivery was up 0.57% or 10.90 to $1918.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 6.18% or 2.29 to hit $39.34 a barrel, while the December Brent oil contract rose 0.05% or 0.02 to trade at $41.45 a barrel.

EUR/USD was up 0.01% to 1.1783, while USD/JPY rose 0.01% to 105.73.

The US Dollar Index Futures was down 0.44% at 93.493.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.68%

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