U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.56%

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

At the close in NYSE, the Dow Jones Industrial Average rose 0.56%, while the S&P 500 index climbed 0.67%, and the NASDAQ Composite index added 0.87%.

The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 2.67% or 14.65 points to trade at 563.10 at the close. Meanwhile, Amazon.com Inc (NASDAQ:AMZN) added 2.00% or 3.84 points to end at 196.01 and American Express Company (NYSE:AXP) was up 1.73% or 4.67 points to 275.15 in late trade.

The worst performers of the session were Verizon Communications Inc (NYSE:VZ), which fell 1.41% or 0.64 points to trade at 44.74 at the close. Chevron Corp (NYSE:CVX) declined 1.21% or 2.04 points to end at 166.47 and Coca-Cola Co (NYSE:KO) was down 0.77% or 0.55 points to 71.32.

The top performers on the S&P 500 were Amentum Holdings LLC (NYSE:AMTM) which rose 10.30% to 19.71, Leidos Holdings Inc (NYSE:LDOS) which was up 5.98% to settle at 143.03 and Caesars Entertainment Corporation (NASDAQ:CZR) which gained 5.80% to close at 26.27.

The worst performers were Hershey Co (NYSE:HSY) which was down 3.34% to 163.95 in late trade, Altria Group (NYSE:MO) which lost 2.84% to settle at 57.12 and MarketAxess Holdings Inc (NASDAQ:MKTX) which was down 2.37% to 210.81 at the close.

The top performers on the NASDAQ Composite were American Rebel Holdings Inc (NASDAQ:AREB) which rose 341.90% to 6.28, Innovation Beverage Group Ltd (NASDAQ:IBG) which was up 152.46% to settle at 1.25 and Sportsmans (NASDAQ:SPWH) which gained 97.93% to close at 1.91.

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The worst performers were Jayud Global Logistics Ltd (NASDAQ:JYD) which was down 95.67% to 0.35 in late trade, ReShape Lifesciences Inc (NASDAQ:RSLS) which lost 71.69% to settle at 0.45 and BingEx Inc (NASDAQ:FLX) which was down 56.90% to 2.25 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1925 to 829 and 99 ended unchanged; on the Nasdaq Stock Exchange, 2262 rose and 1015 declined, while 138 ended unchanged.

Shares in Jayud Global Logistics Ltd (NASDAQ:JYD) fell to all time lows; losing 95.67% or 7.62 to 0.35. Shares in BingEx Inc (NASDAQ:FLX) fell to all time lows; losing 56.90% or 2.97 to 2.25.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.19% to 21.51.

Gold Futures for June delivery was up 1.45% or 45.75 to $3,191.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.27% or 0.19 to hit $71.39 a barrel, while the June Brent oil contract rose 0.03% or 0.02 to trade at $74.51 a barrel.

EUR/USD was unchanged 0.23% to 1.08, while USD/JPY fell 0.21% to 149.69.

The US Dollar Index Futures was down 0.43% at 103.51.

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