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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.40%

Investing | Sat, Apr 27 2024 06:31 AM AEST

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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.40%

Investing.com – U.S. equities were higher at the close on Friday, as gains in the Technology, Consumer Services and Telecoms sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.40%, while the S&P 500 index added 1.02%, and the NASDAQ Composite index climbed 2.03%.

The biggest gainers of the session on the Dow Jones Industrial Average were Amazon.com Inc (NASDAQ:AMZN), which rose 3.43% or 5.95 points to trade at 179.62 at the close. Microsoft Corporation (NASDAQ:MSFT) added 1.82% or 7.28 points to end at 406.32 and Goldman Sachs Group Inc (NYSE:GS) was up 1.74% or 7.32 points to 427.37 in late trade.

Biggest losers included Intel Corporation (NASDAQ:INTC), which lost 9.20% or 3.23 points to trade at 31.88 in late trade. International Business Machines (NYSE:IBM) declined 1.01% or 1.71 points to end at 167.20 and McDonald’s Corporation (NYSE:MCD) shed 0.90% or 2.48 points to 273.12.

The top performers on the S&P 500 were ResMed Inc (NYSE:RMD) which rose 18.89% to 218.06, Alphabet Inc Class A (NASDAQ:GOOGL) which was up 10.22% to settle at 171.95 and Alphabet Inc Class C (NASDAQ:GOOG) which gained 9.97% to close at 173.69.

The worst performers were DexCom Inc (NASDAQ:DXCM) which was down 9.91% to 124.34 in late trade, Intel Corporation (NASDAQ:INTC) which lost 9.20% to settle at 31.88 and Old Dominion Freight Line Inc (NASDAQ:ODFL) which was down 7.24% to 182.42 at the close.

The top performers on the NASDAQ Composite were Zyversa Therapeutics Inc (NASDAQ:ZVSA) which rose 721.40% to 4.99, Biodexa Pharmaceuticals PLC DRC (NASDAQ:BDRX) which was up 80.56% to settle at 1.30 and Immunitybio Inc (NASDAQ:IBRX) which gained 43.84% to close at 7.35.

The worst performers were mF International Limite (NASDAQ:MFI) which was down 77.68% to 2.33 in late trade, Nature Wood Group Ltd ADR (NASDAQ:NWGL) which lost 70.06% to settle at 5.05 and iClick Interactive Asia Group (NASDAQ:ICLK) which was down 51.56% to 1.24 at the close.

Advancing stocks outnumbered falling ones by 1879 to 952 and 81 ended unchanged; on the Nasdaq Stock Exchange, 2072 rose and 1276 declined, while 121 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.21% to 15.03.

In commodities trading, Gold Futures for June delivery was up 0.30% or 7.10 to $2,349.60 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.08% or 0.07 to hit $83.64 a barrel, while the June Brent oil contract rose 0.35% or 0.31 to trade at $89.32 a barrel.

EUR/USD was unchanged 0.33% to 1.07, while USD/JPY rose 1.47% to 157.94.

The US Dollar Index Futures was up 0.43% at 105.90.

This article first appeared in Investing.com

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