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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.58%

Published 11/20/2023, 04:30 PM
Updated 11/20/2023, 04:30 PM
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.58%

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

At the close in NYSE, the Dow Jones Industrial Average added 0.58% to hit a new 3-months high, while the S&P 500 index gained 0.74%, and the NASDAQ Composite index climbed 1.13%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 4.65% or 9.67 points to trade at 217.71 at the close. Meanwhile, Intel Corporation (NASDAQ:INTC) added 2.12% or 0.93 points to end at 44.74 and Microsoft Corporation (NASDAQ:MSFT) was up 2.05% or 7.59 points to 377.44 in late trade.

The worst performers of the session were Caterpillar Inc (NYSE:CAT), which fell 1.04% or 2.62 points to trade at 250.45 at the close. Walgreens Boots Alliance Inc (NASDAQ:WBA) declined 0.90% or 0.19 points to end at 21.03 and Procter & Gamble Company (NYSE:PG) was down 0.53% or 0.80 points to 150.27.

The top performers on the S&P 500 were Enphase Energy Inc (NASDAQ:ENPH) which rose 6.07% to 98.50, Paramount Global Class B (NASDAQ:PARA) which was up 5.61% to settle at 13.93 and Palo Alto Networks Inc (NASDAQ:PANW) which gained 5.24% to close at 260.57.

The worst performers were Bristol-Myers Squibb Company (NYSE:BMY) which was down 3.82% to 48.90 in late trade, WestRock Co (NYSE:WRK) which lost 3.22% to settle at 36.69 and International Paper (NYSE:IP) which was down 2.40% to 32.58 at the close.

The top performers on the NASDAQ Composite were Cardio Diagnostics Holdings Inc (NASDAQ:CDIO) which rose 123.23% to 2.21, Bruush Oral Care Inc Unit (NASDAQ:BRSH) which was up 74.56% to settle at 0.29 and Nogin Inc (NASDAQ:NOGN) which gained 73.33% to close at 0.31.

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The worst performers were NanoString Technologies Inc (NASDAQ:NSTG) which was down 50.00% to 0.64 in late trade, Paxmedica Inc (NASDAQ:PXMD) which lost 44.00% to settle at 0.98 and Intelligent Bio Solutions Inc (NASDAQ:INBS) which was down 33.80% to 0.30 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1795 to 1096 and 87 ended unchanged; on the Nasdaq Stock Exchange, 2033 rose and 1446 declined, while 113 ended unchanged.

Shares in Bristol-Myers Squibb Company (NYSE:BMY) fell to 3-years lows; losing 3.82% or 1.94 to 48.90. Shares in Intel Corporation (NASDAQ:INTC) rose to 52-week highs; rising 2.12% or 0.93 to 44.74. Shares in Microsoft Corporation (NASDAQ:MSFT) rose to all time highs; up 2.05% or 7.59 to 377.44. Shares in NanoString Technologies Inc (NASDAQ:NSTG) fell to all time lows; losing 50.00% or 0.64 to 0.64. Shares in Paxmedica Inc (NASDAQ:PXMD) fell to all time lows; down 44.00% or 0.77 to 0.98.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.83% to 13.41 a new 1-month low.

Gold Futures for December delivery was down 0.25% or 5.05 to $1,979.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 2.04% or 1.55 to hit $77.59 a barrel, while the January Brent oil contract rose 1.76% or 1.42 to trade at $82.03 a barrel.

EUR/USD was unchanged 0.32% to 1.09, while USD/JPY fell 0.82% to 148.39.

The US Dollar Index Futures was down 0.42% at 103.36.

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