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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.06%

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

At the close in NYSE, the Dow Jones Industrial Average added 1.06%, while the S&P 500 index gained 0.53%, and the NASDAQ Composite index climbed 0.04%.

The best performers of the session on the Dow Jones Industrial Average were International Business Machines (NYSE:IBM), which rose 3.63% or 7.80 points to trade at 222.40 at the close. Meanwhile, Sherwin-Williams Co (NYSE:SHW) added 3.14% or 11.66 points to end at 383.32 and Salesforce Inc (NYSE:CRM) was up 3.09% or 10.08 points to 335.78 in late trade.

The worst performers of the session were Amazon.com Inc (NASDAQ:AMZN), which fell 2.22% or 4.50 points to trade at 198.38 at the close. Boeing Co (NYSE:BA) declined 1.83% or 2.67 points to end at 143.41 and McDonald’s Corporation (NYSE:MCD) was down 0.85% or 2.47 points to 288.45.

The top performers on the S&P 500 were Super Micro Computer Inc (NASDAQ:SMCI) which rose 15.12% to 29.70, Amentum Holdings LLC (NYSE:AMTM) which was up 10.49% to settle at 24.76 and Deere & Company (NYSE:DE) which gained 8.05% to close at 437.54.

The worst performers were Alphabet Inc Class A (NASDAQ:GOOGL) which was down 4.74% to 167.63 in late trade, Alphabet Inc Class C (NASDAQ:GOOG) which lost 4.56% to settle at 169.24 and Transdigm Group Incorporated (NYSE:TDG) which was down 4.10% to 1,240.13 at the close.

The top performers on the NASDAQ Composite were Scworx Corp (NASDAQ:WORX) which rose 116.33% to 2.12, Cerence Inc (NASDAQ:CRNC) which was up 106.74% to settle at 5.83 and Procaps Group SA (NASDAQ:PROC) which gained 94.23% to close at 1.11.

The worst performers were SKK Holdings Ltd (NASDAQ:SKK) which was down 75.88% to 1.10 in late trade, TMT Acquisition Corp (NASDAQ:TMTC) which lost 65.35% to settle at 2.20 and Wellchange Holdings Co Ltd (NASDAQ:WCT) which was down 62.35% to 1.25 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2135 to 662 and 91 ended unchanged; on the Nasdaq Stock Exchange, 2206 rose and 1098 declined, while 126 ended unchanged.

Shares in Deere & Company (NYSE:DE) rose to 52-week highs; rising 8.05% or 32.58 to 437.54. Shares in SKK Holdings Ltd (NASDAQ:SKK) fell to all time lows; losing 75.88% or 3.46 to 1.10. Shares in TMT Acquisition Corp (NASDAQ:TMTC) fell to all time lows; down 65.35% or 4.15 to 2.20. Shares in Wellchange Holdings Co Ltd (NASDAQ:WCT) fell to all time lows; losing 62.35% or 2.07 to 1.25.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.69% to 16.87.

Gold Futures for December delivery was up 0.79% or 21.05 to $2,672.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.95% or 1.34 to hit $70.09 a barrel, while the January Brent oil contract rose 1.98% or 1.44 to trade at $74.25 a barrel.

EUR/USD was down 0.66% to 1.05, while USD/JPY fell 0.58% to 154.53.

The US Dollar Index Futures was up 0.38% at 107.03.

This post appeared first on investing.com

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