The Classy Investors

  /  Stock   /  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.89%

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.89%

imageStock Markets6 hours ago (Aug 03, 2020 05:25PM ET)

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.89% – U.S. stocks were higher after the close on Monday, as gains in the Technology, Healthcare and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.89%, while the S&P 500 index gained 0.72%, and the NASDAQ Composite index climbed 1.47%.

The best performers of the session on the Dow Jones Industrial Average were Microsoft Corporation (NASDAQ:MSFT), which rose 5.62% or 11.53 points to trade at 216.54 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 2.87% or 2.30 points to end at 82.54 and Boeing Co (NYSE:BA) was up 2.70% or 4.27 points to 162.27 in late trade.

The worst performers of the session were Dow Inc (NYSE:DOW), which fell 2.36% or 0.97 points to trade at 40.09 at the close. Coca-Cola Company (NYSE:KO) declined 1.99% or 0.94 points to end at 46.30 and Caterpillar Inc (NYSE:CAT) was down 0.83% or 1.10 points to 131.78.

The top performers on the S&P 500 were Varian Medical Systems Inc (NYSE:VAR) which rose 22.04% to 174.17, McKesson Corporation (NYSE:MCK) which was up 6.49% to settle at 159.90 and Cardinal Health Inc (NYSE:CAH) which gained 6.26% to close at 58.04.

The worst performers were Under Armour Inc A (NYSE:UAA) which was down 8.08% to 9.67 in late trade, Under Armour Inc C (NYSE:UA) which lost 7.38% to settle at 8.79 and Foot Locker Inc (NYSE:FL) which was down 7.32% to 27.24 at the close.

The top performers on the NASDAQ Composite were Marathon Patent Group Inc (NASDAQ:MARA) which rose 88.67% to 3.830, Grindrod Shipping Holdings Ltd (NASDAQ:GRIN) which was up 68.75% to settle at 5.40 and Moxian Inc (NASDAQ:MOXC) which gained 65.17% to close at 1.470.

The worst performers were Tiziana Life Sciences PLC ADR (NASDAQ:TLSA) which was down 21.60% to 5.480 in late trade, 360 Finance Inc (NASDAQ:QFIN) which lost 19.19% to settle at 11.20 and Vislink Technologies Inc (NASDAQ:VISL) which was down 17.61% to 2.5700 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1989 to 1093 and 59 ended unchanged; on the Nasdaq Stock Exchange, 2002 rose and 805 declined, while 46 ended unchanged.

Shares in Varian Medical Systems Inc (NYSE:VAR) rose to all time highs; up 22.04% or 31.45 to 174.17. Shares in Microsoft Corporation (NASDAQ:MSFT) rose to all time highs; up 5.62% or 11.53 to 216.54. Shares in Marathon Patent Group Inc (NASDAQ:MARA) rose to 52-week highs; gaining 88.67% or 1.800 to 3.830. Shares in Vislink Technologies Inc (NASDAQ:VISL) fell to 52-week highs; losing 17.61% or 0.5494 to 2.5700.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.74% to 24.28.

Gold Futures for October delivery was up 0.39% or 7.75 to $1981.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.19% or 0.48 to hit $40.75 a barrel, while the October Brent oil contract fell 0.02% or 0.01 to trade at $43.88 a barrel.

EUR/USD was down 0.03% to 1.1757, while USD/JPY rose 0.07% to 106.02.

The US Dollar Index Futures was up 0.18% at 93.493.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.89%

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.