Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.85%

Published 01/07/2021, 03:25 PM
Updated 01/07/2021, 03:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.85% – U.S. stocks were higher after the close on Thursday, as gains in the Technology, Oil & Gas and Consumer Goods sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.85% to hit a new all time high, while the S&P 500 index climbed 1.62%, and the NASDAQ Composite index added 2.60%.

The best performers of the session on the Dow Jones Industrial Average were Walgreens Boots Alliance Inc (NASDAQ:WBA), which rose 5.00% or 2.15 points to trade at 45.18 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) added 3.59% or 4.54 points to end at 131.14 and JPMorgan Chase & Co (NYSE:JPM) was up 3.38% or 4.45 points to 136.00 in late trade.

The worst performers of the session were 3M Company (NYSE:MMM), which fell 2.46% or 4.29 points to trade at 169.90 at the close. Coca-Cola Co (NYSE:KO) declined 1.03% or 0.52 points to end at 50.00 and Procter & Gamble Company (NYSE:PG) was down 0.90% or 1.26 points to 138.90.

The top performers on the S&P 500 were DXC Technology Co (NYSE:DXC) which rose 9.11% to 28.86, Tesla Inc (NASDAQ:TSLA) which was up 7.23% to settle at 810.61 and EOG Resources Inc (NYSE:EOG) which gained 7.23% to close at 59.04.

The worst performers were ConAgra Foods Inc (NYSE:CAG) which was down 5.23% to 33.86 in late trade, CenterPoint Energy Inc (NYSE:CNP) which lost 4.10% to settle at 21.05 and Atmos Energy Corporation (NYSE:ATO) which was down 3.98% to 89.98 at the close.

The top performers on the NASDAQ Composite were Future Fintech Group Inc (NASDAQ:FTFT) which rose 164.88% to 4.4500, ENGlobal Corporation (NASDAQ:ENG) which was up 61.49% to settle at 4.7800 and Xunlei Ltd Adr (NASDAQ:XNET) which gained 44.21% to close at 4.86.

The worst performers were Digital Ally Inc (NASDAQ:DGLY) which was down 23.42% to 2.780 in late trade, Urban One Inc Class D (NASDAQ:UONEK) which lost 20.90% to settle at 1.400 and Addex Therapeutics Ltd (NASDAQ:ADXN) which was down 21.23% to 10.55 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1968 to 1123 and 55 ended unchanged; on the Nasdaq Stock Exchange, 2300 rose and 743 declined, while 49 ended unchanged.

Shares in Tesla Inc (NASDAQ:TSLA) rose to all time highs; up 7.23% or 54.63 to 810.61. Shares in Future Fintech Group Inc (NASDAQ:FTFT) rose to 52-week highs; rising 164.88% or 2.7700 to 4.4500. Shares in ENGlobal Corporation (NASDAQ:ENG) rose to 5-year highs; up 61.49% or 1.8200 to 4.7800.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 10.33% to 22.48.

Gold Futures for February delivery was up 0.41% or 7.80 to $1916.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.67% or 0.34 to hit $50.97 a barrel, while the March Brent oil contract rose 0.41% or 0.22 to trade at $54.52 a barrel.

EUR/USD was down 0.46% to 1.2268, while USD/JPY rose 0.78% to 103.84.

The US Dollar Index Futures was up 0.33% at 89.793.

Latest comments

there is still half an hour until close.. what is this article?? a lot can happen in half an hour.. not professional at all
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.