U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.40%

December 14, 2023 08:30 AM AEDT | By Investing
 U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.40%
U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.40%

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

At the close in NYSE, the Dow Jones Industrial Average gained 1.40% to hit a new all time high, while the S&P 500 index climbed 1.37%, and the NASDAQ Composite index added 1.38%.

The biggest gainers of the session on the Dow Jones Industrial Average were Walgreens Boots Alliance Inc (NASDAQ:WBA), which rose 7.41% or 1.70 points to trade at 24.63 at the close. Home Depot Inc (NYSE:HD) added 3.13% or 10.44 points to end at 343.64 and Dow Inc (NYSE:DOW) was up 3.01% or 1.53 points to 52.35 in late trade.

Biggest losers included Verizon Communications Inc (NYSE:VZ), which lost 0.83% or 0.31 points to trade at 36.99 in late trade. International Business Machines (NYSE:IBM) declined 0.64% or 1.05 points to end at 163.66 and Microsoft Corporation (NASDAQ:MSFT) shed 0.00% or 0.01 points to 374.37.

The top performers on the S&P 500 were Vertex Pharmaceuticals Inc (NASDAQ:VRTX) which rose 13.23% to 405.07, Revvity Inc (NYSE:RVTY) which was up 10.33% to settle at 98.70 and Zions Bancorporation (NASDAQ:ZION) which gained 9.68% to close at 41.82.

The worst performers were Pfizer Inc (NYSE:PFE) which was down 6.72% to 26.66 in late trade, Linde PLC Ord (NYSE:LIN) which lost 4.21% to settle at 408.74 and Southwest Airlines Company (NYSE:LUV) which was down 3.86% to 29.14 at the close.

The top performers on the NASDAQ Composite were C4 Therapeutics Inc (NASDAQ:CCCC) which rose 135.47% to 5.51, Shattuck Labs Inc (NASDAQ:STTK) which was up 130.33% to settle at 4.86 and Avalo Therapeutics Inc (NASDAQ:AVTX) which gained 70.03% to close at 0.06.

The worst performers were Hywin Holdings Ltd ADR (NASDAQ:HYW) which was down 42.61% to 3.30 in late trade, Brilliant Acquisition Corp (NASDAQ:BRLI) which lost 35.25% to settle at 6.65 and G1 Therapeutics Inc (NASDAQ:GTHX) which was down 35.39% to 2.41 at the close.

Advancing stocks outnumbered falling ones by 2565 to 371 and 42 ended unchanged; on the Nasdaq Stock Exchange, 2624 rose and 860 declined, while 91 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 0.99% to 12.19.

In commodities trading, Gold Futures for February delivery was up 2.44% or 48.65 to $2,041.85 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.73% or 1.19 to hit $69.80 a barrel, while the February Brent oil contract rose 1.88% or 1.38 to trade at $74.62 a barrel.

EUR/USD was up 0.80% to 1.09, while USD/JPY fell 1.67% to 143.00.

The US Dollar Index Futures was down 0.91% at 102.52.

This article first appeared in Investing.com


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.