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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%

Investing.com – 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
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