U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.54%

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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.54%
Credit: © Reuters.

Investing.com – U.S. equities were higher at the close on Wednesday, as gains in the Oil & Gas , Basic Materials and Utilities sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.54%, while the S&P 500 index added 0.84%, and the NASDAQ Composite index added 0.74%.

The biggest gainers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE: CAT ), which rose 1.63% or 1.50 points to trade at 93.36 at the close. UnitedHealth Group Incorporated (NYSE: UNH ) added 1.61% or 2.72 points to end at 171.78 and Verizon Communications Inc (NYSE: VZ ) was up 1.58% or 0.78 points to 50.14 in late trade.

Biggest losers included American Express Company (NYSE: AXP ), which lost 0.58% or 0.46 points to trade at 79.23 in late trade. Walt Disney Company (NYSE: DIS ) declined 0.39% or 0.44 points to end at 111.87 and Goldman Sachs Group Inc (NYSE: GS ) shed 0.38% or 0.94 points to 246.78.

The top performers on the S&P 500 were Southwestern Energy Company (NYSE: SWN ) which rose 5.83% to 7.81, Newmont Mining Corporation (NYSE: NEM ) which was up 5.25% to settle at 34.10 and Freeport-McMoran Copper & Gold Inc (NYSE: FCX ) which gained 5.09% to close at 12.89.

The worst performers were Macy’s Inc (NYSE: M ) which was down 2.04% to 30.32 in late trade, Capital One Financial Corporation (NYSE: COF ) which lost 1.99% to settle at 89.92 and AutoZone Inc (NYSE: AZO ) which was down 1.74% to 716.29 at the close.

The top performers on the NASDAQ Composite were Cerulean Pharma Inc (NASDAQ: CERU ) which rose 33.04% to 2.980, Catalyst Pharmaceuticals Inc (NASDAQ: CPRX ) which was up 32.48% to settle at 1.550 and Hutchison China MediTech Ltd (NASDAQ: HCM ) which gained 28.38% to close at 20.54.

The worst performers were Connecture Inc (NASDAQ: CNXR ) which was down 26.70% to 1.400 in late trade, FTD Companies Inc (NASDAQ: FTD ) which lost 23.69% to settle at 17.85 and DragonWave Inc (NASDAQ: DRWI ) which was down 23.68% to 1.4500 at the close.

Advancing stocks outnumbered falling ones by 2766 to 475 and 26 ended unchanged; on the Nasdaq Stock Exchange, 1697 rose and 822 declined, while 108 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was down 5.61% to 11.61.

In commodities trading, Gold Futures for April delivery was up 1.46% or 17.55 to $1220.15 a troy ounce. Meanwhile, Crude oil for delivery in April rose 2.60% or 1.24 to hit $48.96 a barrel, while the May Brent oil contract rose 2.02% or 1.03 to trade at $51.95 a barrel.

EUR/USD was up 1.19% to 1.0730, while USD/JPY fell 1.22% to 113.35.

The US Dollar Index Futures was down 1.22% at 100.38.

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