Asia stocks climb tracking Wall St rally; Nikkei hits record high, China GDP beats
Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Basic Materials, Industrials and Consumer Goods sectors led shares higher.
At the close in NYSE, the Dow Jones Industrial Average gained 0.47%, while the S&P 500 index added 0.40%, and the NASDAQ Composite index climbed 0.24%.
The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 1.36% or 9.80 points to trade at 728.98 at the close. Meanwhile, McDonald’s Corporation (NYSE:MCD) added 1.35% or 3.99 points to end at 298.47 and 3M Company (NYSE:MMM) was up 1.34% or 2.01 points to 151.31 in late trade.
The worst performers of the session were Johnson & Johnson (NYSE:JNJ), which fell 0.71% or 1.21 points to trade at 168.35 at the close. Chevron Corp (NYSE:CVX) declined 0.62% or 0.96 points to end at 154.87 and Amgen Inc (NASDAQ:AMGN) was down 0.61% or 1.89 points to 306.66.
The top performers on the S&P 500 were Deckers Outdoor Corporation (NYSE:DECK) which rose 11.41% to 116.92, Newmont Goldcorp Corp (NYSE:NEM) which was up 6.89% to settle at 65.75 and VeriSign Inc (NASDAQ:VRSN) which gained 6.67% to close at 305.79.
The worst performers were Charter Communications Inc (NASDAQ:CHTR) which was down 18.49% to 309.75 in late trade, Intel Corporation (NASDAQ:INTC) which lost 8.53% to settle at 20.70 and Healthpeak Properties Inc (NYSE:DOC) which was down 6.73% to 17.60 at the close.
The top performers on the NASDAQ Composite were Mill City Ventures III Ltd (NASDAQ:MCVT) which rose 220.65% to 5.90, SMX Security Matters Ord Shs Class A (NASDAQ:SMX) which was up 89.29% to settle at 2.12 and Eightco Holdings Inc (NASDAQ:OCTO) which gained 70.98% to close at 2.44.
The worst performers were Erayak Power Solution Group Inc (NASDAQ:RAYA) which was down 38.74% to 0.13 in late trade, Oceanpal Inc (NASDAQ:OP) which lost 38.25% to settle at 0.19 and Ten League International Hold Ltd (NASDAQ:TLIH) which was down 37.89% to 1.00 at the close.
Rising stocks outnumbered declining ones on the New York Stock Exchange by 1598 to 1149 and 91 ended unchanged; on the Nasdaq Stock Exchange, 1769 fell and 1528 advanced, while 156 ended unchanged.
Shares in Charter Communications Inc (NASDAQ:CHTR) fell to 52-week lows; falling 18.49% or 70.25 to 309.75. Shares in Newmont Goldcorp Corp (NYSE:NEM) rose to 3-years highs; up 6.89% or 4.24 to 65.75. Shares in VeriSign Inc (NASDAQ:VRSN) rose to all time highs; rising 6.67% or 19.12 to 305.79. Shares in Goldman Sachs Group Inc (NYSE:GS) rose to all time highs; gaining 1.36% or 9.80 to 728.98. Shares in Mill City Ventures III Ltd (NASDAQ:MCVT) rose to all time highs; up 220.65% or 4.06 to 5.90. Shares in Erayak Power Solution Group Inc (NASDAQ:RAYA) fell to all time lows; down 38.74% or 0.08 to 0.13. Shares in Oceanpal Inc (NASDAQ:OP) fell to all time lows; down 38.25% or 0.12 to 0.19. Shares in Ten League International Hold Ltd (NASDAQ:TLIH) fell to all time lows; losing 37.89% or 0.61 to 1.00.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.99% to 14.93 a new 3-months low.
Gold Futures for August delivery was down 1.01% or 34.13 to $3,339.37 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.53% or 1.01 to hit $65.02 a barrel, while the September Brent oil contract fell 1.23% or 0.85 to trade at $68.33 a barrel.
EUR/USD was unchanged 0.06% to 1.17, while USD/JPY rose 0.44% to 147.66.
The US Dollar Index Futures was up 0.31% at 97.43.
