U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.14%

Investing.com – U.S. stocks were higher after the close on Wednesday, as gains in the Basic Materials , Consumer Services and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.14%, while the S&P 500 index gained 0.42%, and the NASDAQ Composite index gained 0.57%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC ), which rose 2.00% or 0.42 points to trade at 21.41 at the close. Meanwhile, McDonald’s Corporation (NYSE:MCD ) added 1.43% or 4.08 points to end at 289.71 and 3M Company (NYSE:MMM ) was up 1.20% or 1.53 points to 129.23 in late trade.

The worst performers of the session were American Express Company (NYSE:AXP ), which fell 2.68% or 6.78 points to trade at 246.30 at the close. Unitedhealth Group (NYSE:UNH ) declined 0.44% or 2.58 points to end at 578.07 and Salesforce Inc (NYSE:CRM ) was down 0.29% or 0.75 points to 261.09.

The top performers on the S&P 500 were Keysight Technologies Inc (NYSE:KEYS ) which rose 13.88% to 157.81, Target Corporation (NYSE:TGT ) which was up 11.20% to settle at 159.25 and TJX Companies Inc (NYSE:TJX ) which gained 6.11% to close at 120.23.

The worst performers were Franklin Resources Inc (NYSE:BEN ) which was down 12.56% to 19.78 in late trade, American Express Company (NYSE:AXP ) which lost 2.68% to settle at 246.30 and Cooper Companies Inc (NASDAQ:COO ) which was down 2.33% to 93.66 at the close.

The top performers on the NASDAQ Composite were GD Culture Group Ltd (NASDAQ:GDC ) which rose 128.49% to 3.93, Revelation Biosciences Inc (NASDAQ:REVB ) which was up 100.96% to settle at 2.09 and Stronghold Digital Mining Inc (NASDAQ:SDIG ) which gained 82.25% to close at 5.34.

The worst performers were Bimi International Medical Inc (NASDAQ:BIMI ) which was down 35.42% to 0.31 in late trade, ENDRA Life Sciences Inc (NASDAQ:NDRA ) which lost 32.27% to settle at 0.45 and Eyenovia Inc (NASDAQ:EYEN ) which was down 31.62% to 0.47 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2111 to 720 and 92 ended unchanged; on the Nasdaq Stock Exchange, 2289 rose and 1004 declined, while 153 ended unchanged.

Shares in Franklin Resources Inc (NYSE:BEN ) fell to 3-years lows; falling 12.56% or 2.84 to 19.78. Shares in TJX Companies Inc (NYSE:TJX ) rose to all time highs; rising 6.11% or 6.92 to 120.23. Shares in 3M Company (NYSE:MMM ) rose to 52-week highs; gaining 1.20% or 1.53 to 129.23. Shares in ENDRA Life Sciences Inc (NASDAQ:NDRA ) fell to all time lows; falling 32.27% or 0.21 to 0.45. Shares in Eyenovia Inc (NASDAQ:EYEN ) fell to all time lows; losing 31.62% or 0.22 to 0.47.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was up 2.46% to 16.27.

Gold Futures for December delivery was down 0.02% or 0.50 to $2,550.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.67% or 1.22 to hit $71.95 a barrel, while the October Brent oil contract fell 1.42% or 1.10 to trade at $76.10 a barrel.

EUR/USD was unchanged 0.19% to 1.12, while USD/JPY fell 0.04% to 145.19.

The US Dollar Index Futures was down 0.26% at 101.04.

Source: Investing.com