U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.21%

Published 05/01/2025, 04:30 PM
Updated 05/01/2025, 04:35 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.21%

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

At the close in NYSE, the Dow Jones Industrial Average gained 0.21%, while the S&P 500 index climbed 0.63%, and the NASDAQ Composite index gained 1.52%.

The best performers of the session on the Dow Jones Industrial Average were Microsoft Corporation (NASDAQ:MSFT), which rose 7.63% or 30.14 points to trade at 425.40 at the close. Meanwhile, Amazon.com Inc (NASDAQ:AMZN) added 3.13% or 5.78 points to end at 190.20 and NVIDIA Corporation (NASDAQ:NVDA) was up 2.41% or 2.63 points to 111.55 in late trade.

The worst performers of the session were Unitedhealth Group (NYSE:UNH), which fell 2.70% or 11.09 points to trade at 400.35 at the close. Amgen Inc (NASDAQ:AMGN) declined 2.49% or 7.23 points to end at 283.69 and Merck & Company Inc (NYSE:MRK) was down 2.28% or 1.94 points to 83.26.

The top performers on the S&P 500 were Carrier Global Corp (NYSE:CARR) which rose 11.61% to 69.80, Quanta Services Inc (NYSE:PWR) which was up 9.99% to settle at 321.93 and IDEXX Laboratories Inc (NASDAQ:IDXX) which gained 8.93% to close at 471.28.

The worst performers were Becton Dickinson and Company (NYSE:BDX) which was down 18.12% to 169.57 in late trade, Eli Lilly and Company (NYSE:LLY) which lost 11.66% to settle at 794.10 and Qualcomm Incorporated (NASDAQ:QCOM) which was down 8.93% to 135.21 at the close.

The top performers on the NASDAQ Composite were Classover Holdings Inc (NASDAQ:KIDZ) which rose 366.09% to 5.36, Zoomcar Holdings Inc (NASDAQ:ZCAR) which was up 153.07% to settle at 10.30 and Healthcare Triangle Inc (NASDAQ:HCTI) which gained 71.97% to close at 0.27.

The worst performers were CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG) which was down 71.67% to 0.68 in late trade, Highest Performances Holdings Inc (NASDAQ:HPH) which lost 48.91% to settle at 5.85 and Urgent.ly Inc (NASDAQ:ULY) which was down 39.87% to 8.96 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1516 to 1241 and 87 ended unchanged; on the Nasdaq Stock Exchange, 1809 rose and 1490 declined, while 131 ended unchanged.

Shares in Becton Dickinson and Company (NYSE:BDX) fell to 5-year lows; down 18.12% or 37.53 to 169.57. Shares in Unitedhealth Group (NYSE:UNH) fell to 3-years lows; down 2.70% or 11.09 to 400.35. Shares in CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG) fell to all time lows; losing 71.67% or 1.72 to 0.68.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.40% to 24.60.

Gold Futures for June delivery was down 2.33% or 77.43 to $3,241.67 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.49% or 0.87 to hit $59.08 a barrel, while the July Brent oil contract rose 1.42% or 0.87 to trade at $61.93 a barrel.

EUR/USD was unchanged 0.37% to 1.13, while USD/JPY rose 1.77% to 145.47.

The US Dollar Index Futures was up 0.74% at 100.00.

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