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

Published 01/08/2024, 04:30 PM
Updated 01/08/2024, 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, Consumer Services and Consumer Goods sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.58%, while the S&P 500 index added 1.41%, and the NASDAQ Composite index climbed 2.20%.

The best performers of the session on the Dow Jones Industrial Average were Salesforce Inc (NYSE:CRM), which rose 3.96% or 9.95 points to trade at 261.07 at the close. Meanwhile, Intel Corporation (NASDAQ:INTC) added 3.33% or 1.56 points to end at 48.45 and Amgen Inc (NASDAQ:AMGN) was up 2.60% or 7.88 points to 310.88 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 8.03% or 19.99 points to trade at 229.01 at the close. Chevron Corp (NYSE:CVX) declined 0.61% or 0.92 points to end at 149.48 and Honeywell International Inc (NASDAQ:HON) was down 0.43% or 0.87 points to 202.66.

The top performers on the S&P 500 were American Airlines Group (NASDAQ:AAL) which rose 7.21% to 14.58, Arista Networks (NYSE:ANET) which was up 6.47% to settle at 245.86 and NVIDIA Corporation (NASDAQ:NVDA) which gained 6.43% to close at 522.53.

The worst performers were Boeing Co (NYSE:BA) which was down 8.03% to 229.01 in late trade, Schlumberger NV (NYSE:SLB) which lost 2.99% to settle at 50.31 and Baker Hughes Co (NASDAQ:BKR) which was down 2.93% to 32.44 at the close.

The top performers on the NASDAQ Composite were Harpoon Therapeutics Inc (NASDAQ:HARP) which rose 111.94% to 22.36, Elevation Oncology Inc (NASDAQ:ELEV) which was up 106.95% to settle at 1.81 and Ambrx Biopharma Inc ADR (NASDAQ:AMAM) which gained 101.54% to close at 27.47.

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The worst performers were Alset Capital Acquisition Corp (NASDAQ:ACAX) which was down 63.27% to 3.82 in late trade, LumiraDx Ltd (NASDAQ:LMDX) which lost 53.49% to settle at 0.02 and Dada Nexus Ltd (NASDAQ:DADA) which was down 45.87% to 1.71 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2087 to 812 and 53 ended unchanged; on the Nasdaq Stock Exchange, 2365 rose and 1072 declined, while 102 ended unchanged.

Shares in Arista Networks (NYSE:ANET) rose to all time highs; gaining 6.47% or 14.94 to 245.86. Shares in NVIDIA Corporation (NASDAQ:NVDA) rose to all time highs; gaining 6.43% or 31.56 to 522.53. Shares in Amgen Inc (NASDAQ:AMGN) rose to all time highs; up 2.60% or 7.88 to 310.88. Shares in Harpoon Therapeutics Inc (NASDAQ:HARP) rose to 52-week highs; up 111.94% or 11.81 to 22.36. Shares in Alset Capital Acquisition Corp (NASDAQ:ACAX) fell to all time lows; down 63.27% or 6.58 to 3.82. Shares in LumiraDx Ltd (NASDAQ:LMDX) fell to all time lows; falling 53.49% or 0.02 to 0.02. Shares in Ambrx Biopharma Inc ADR (NASDAQ:AMAM) rose to all time highs; up 101.54% or 13.84 to 27.47. Shares in Dada Nexus Ltd (NASDAQ:DADA) fell to all time lows; falling 45.87% or 1.45 to 1.71.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.02% to 13.08.

Gold Futures for February delivery was down 0.73% or 14.95 to $2,034.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 3.83% or 2.83 to hit $70.98 a barrel, while the March Brent oil contract fell 3.00% or 2.36 to trade at $76.40 a barrel.

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EUR/USD was unchanged 0.10% to 1.10, while USD/JPY fell 0.31% to 144.20.

The US Dollar Index Futures was down 0.13% at 102.00.

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