U.S. stocks higher at close of trade; Dow Jones Industrial Average up 2.59%

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Technology, Telecoms and Utilities sectors led shares higher.

© Provided by Investing.com

At the close in NYSE, the Dow Jones Industrial Average gained 2.59% to hit a new 1-month high, while the S&P 500 index gained 2.46%, and the NASDAQ Composite index climbed 2.87%.

Load Error

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 10.66% or 2.80 points to trade at 29.07 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) added 7.56% or 10.94 points to end at 155.74 and Honeywell International Inc (NASDAQ:HON) was up 4.30% or 8.44 points to 204.93 in late trade.

The worst performers of the session were Dow Inc (NYSE:DOW), which fell 0.32% or 0.15 points to trade at 47.47 at the close. Merck&Company Inc (NYSE:MRK) added 1.05% or 1.05 points to end at 100.79 and JPMorgan Chase&Co (NYSE:JPM) was up 1.12% or 1.40 points to 126.00.

The top performers on the S&P 500 were DexCom Inc (NASDAQ:DXCM) which rose 19.38% to 120.87, Gilead Sciences Inc (NASDAQ:GILD) which was up 12.92% to settle at 79.27 and Intel Corporation (NASDAQ:INTC) which gained 10.66% to close at 29.07.

The worst performers were DaVita HealthCare Partners Inc (NYSE:DVA) which was down 27.09% to 70.54 in late trade, Edwards Lifesciences Corp (NYSE:EW) which lost 18.03% to settle at 70.74 and Bio-Rad Laboratories Inc (NYSE:BIO) which was down 8.04% to 354.06 at the close.

The top performers on the NASDAQ Composite were Aeglea Bio Therapeutics Inc (NASDAQ:AGLE) which rose 61.40% to 0.92, Nuvalent Inc (NASDAQ:NUVL) which was up 60.64% to settle at 35.34 and Bull Horn Holdings Corp. (NASDAQ:BHSE) which gained 43.98% to close at 11.95.

The worst performers were Greenlane Holdings Inc (NASDAQ:GNLN) which was down 59.53% to 0.49 in late trade, VERB TECHNOLOGY COMPANY INC (NASDAQ:VERB) which lost 24.95% to settle at 0.22 and Fednat Holding Co (NASDAQ:FNHC) which was down 22.05% to 0.28 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2325 to 768 and 102 ended unchanged; on the Nasdaq Stock Exchange, 2615 rose and 1116 declined, while 181 ended unchanged.

Shares in DaVita HealthCare Partners Inc (NYSE:DVA) fell to 52-week lows; down 27.09% or 26.21 to 70.54. Shares in Gilead Sciences Inc (NASDAQ:GILD) rose to 52-week highs; up 12.92% or 9.07 to 79.27. Shares in Edwards Lifesciences Corp (NYSE:EW) fell to 52-week lows; losing 18.03% or 15.56 to 70.74. Shares in Bio-Rad Laboratories Inc (NYSE:BIO) fell to 52-week lows; falling 8.04% or 30.96 to 354.06. Shares in Merck&Company Inc (NYSE:MRK) rose to all time highs; up 1.05% or 1.05 to 100.79. Shares in Greenlane Holdings Inc (NASDAQ:GNLN) fell to all time lows; falling 59.53% or 0.73 to 0.49. Shares in Nuvalent Inc (NASDAQ:NUVL) rose to 52-week highs; gaining 60.64% or 13.34 to 35.34. Shares in VERB TECHNOLOGY COMPANY INC (NASDAQ:VERB) fell to 5-year lows; down 24.95% or 0.07 to 0.22. Shares in Bull Horn Holdings Corp. (NASDAQ:BHSE) rose to all time highs; rising 43.98% or 3.65 to 11.95.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.99% to 25.75 a new 1-month low.

Gold Futures for December delivery was down 1.10% or 18.30 to $1,647.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.90% or 0.80 to hit $88.28 a barrel, while the January Brent oil contract fell 0.95% or 0.90 to trade at $94.14 a barrel.

EUR/USD was unchanged 0.03% to 1.00, while USD/JPY rose 0.81% to 147.46.

The US Dollar Index Futures was up 0.08% at 110.54.

Continue Reading

Leave a Reply

Your email address will not be published. Required fields are marked *