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Investor Strategy

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 9.36%

imageStock Markets15 hours ago (Mar 13, 2020 06:25PM ET)

(C) Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 9.36%

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Financials, Technology and Oil & Gas sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 9.36%, while the S&P 500 index gained 9.29%, and the NASDAQ Composite index climbed 9.35%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 19.52% or 8.89 points to trade at 54.43 at the close. Meanwhile, American Express Company (NYSE:AXP) added 19.24% or 16.07 points to end at 99.60 and JPMorgan Chase & Co (NYSE:JPM) was up 18.01% or 15.86 points to 103.91 in late trade.

The worst performers of the session were Nike Inc (NYSE:NKE), which rose 1.86% or 1.38 points to trade at 75.58 at the close. Exxon Mobil Corp (NYSE:XOM) added 2.53% or 0.94 points to end at 38.12 and United Technologies Corporation (NYSE:UTX) was up 2.83% or 2.90 points to 105.40.

The top performers on the S&P 500 were Lincoln National Corporation (NYSE:LNC) which rose 23.49% to 28.86, Coty Inc (NYSE:COTY) which was up 23.33% to settle at 7.77 and Ameriprise Financial Inc (NYSE:AMP) which gained 22.64% to close at 113.34.

The worst performers were Newmont Goldcorp Corp (NYSE:NEM) which was down 11.12% to 39.50 in late trade, Zimmer Biomet Holdings Inc (NYSE:ZBH) which lost 4.15% to settle at 97.80 and Capri Holdings Ltd (NYSE:CPRI) which was down 2.86% to 13.93 at the close.

The top performers on the NASDAQ Composite were Gulfport Energy Corporation (NASDAQ:GPOR) which rose 585.00% to 2.740, Oasis Petroleum Inc (NASDAQ:OAS) which was up 169.69% to settle at 1.000 and PDC Energy Inc (NASDAQ:PDCE) which gained 149.65% to close at 18.00.

The worst performers were Nabriva Therapeutics AG (NASDAQ:NBRV) which was down 43.04% to 0.581 in late trade, Borqs Technologies Inc (NASDAQ:BRQS) which lost 42.12% to settle at 2.350 and Aytu BioScience Inc (NASDAQ:AYTU) which was down 37.50% to 1.1500 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2497 to 431 and 17 ended unchanged; on the Nasdaq Stock Exchange, 2029 rose and 702 declined, while 34 ended unchanged.

Shares in Zimmer Biomet Holdings Inc (NYSE:ZBH) fell to 52-week lows; down 4.15% or 4.23 to 97.80. Shares in Capri Holdings Ltd (NYSE:CPRI) fell to all time lows; falling 2.86% or 0.41 to 13.93. Shares in Nabriva Therapeutics AG (NASDAQ:NBRV) fell to all time lows; falling 43.04% or 0.439 to 0.581.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 23.37% to 57.83.

Gold Futures for April delivery was down 3.85% or 61.20 to $1529.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 4.67% or 1.47 to hit $32.97 a barrel, while the May Brent oil contract rose 4.52% or 1.50 to trade at $34.72 a barrel.

EUR/USD was down 0.69% to 1.1106, while USD/JPY rose 3.15% to 107.92.

The US Dollar Index Futures was up 1.08% at 98.515.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 9.36%

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