Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.05%

Stock Markets Jul 01, 2022 04:25PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.05%

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

At the close in NYSE, the Dow Jones Industrial Average rose 1.05%, while the S&P 500 index gained 1.06%, and the NASDAQ Composite index added 0.90%.

The best performers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which rose 2.46% or 6.08 points to trade at 252.96 at the close. Meanwhile, Coca-Cola Co (NYSE:KO) added 2.34% or 1.47 points to end at 64.38 and Boeing Co (NYSE:BA) was up 2.28% or 3.12 points to 139.84 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 2.86% or 1.07 points to trade at 36.34 at the close. Nike Inc (NYSE:NKE) declined 1.00% or 1.02 points to end at 101.18 and 3M Company (NYSE:MMM) was down 0.71% or 0.92 points to 128.49.

The top performers on the S&P 500 were Etsy Inc (NASDAQ:ETSY) which rose 9.02% to 79.81, PulteGroup Inc (NYSE:PHM) which was up 6.54% to settle at 42.22 and Warner Bros Discovery Inc (NASDAQ:WBD) which gained 6.18% to close at 14.25.

The worst performers were Lam Research Corp (NASDAQ:LRCX) which was down 7.35% to 394.83 in late trade, KLA-Tencor Corporation (NASDAQ:KLAC) which lost 7.15% to settle at 296.26 and Applied Materials Inc (NASDAQ:AMAT) which was down 5.18% to 86.27 at the close.

The top performers on the NASDAQ Composite were Omeros Corporation (NASDAQ:OMER) which rose 68.73% to 4.64, Clovis Oncology Inc (NASDAQ:CLVS) which was up 58.33% to settle at 2.85 and Fast Radius Inc (NASDAQ:FSRD) which gained 41.15% to close at 0.89.

The worst performers were Talaris Therapeutics Inc (NASDAQ:TALS) which was down 49.00% to 2.30 in late trade, Agile Thrpe (NASDAQ:AGRX) which lost 45.03% to settle at 0.64 and Ensysce Biosciences Inc (NASDAQ:ENSC) which was down 34.48% to 0.57 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2315 to 770 and 100 ended unchanged; on the Nasdaq Stock Exchange, 2277 rose and 1438 declined, while 200 ended unchanged.

Shares in Lam Research Corp (NASDAQ:LRCX) fell to 52-week lows; losing 7.35% or 31.32 to 394.83. Shares in Applied Materials Inc (NASDAQ:AMAT) fell to 52-week lows; falling 5.18% or 4.71 to 86.27. Shares in Intel Corporation (NASDAQ:INTC) fell to 3-years lows; losing 2.86% or 1.07 to 36.34. Shares in Nike Inc (NYSE:NKE) fell to 52-week lows; down 1.00% or 1.02 to 101.18. Shares in 3M Company (NYSE:MMM) fell to 52-week lows; losing 0.71% or 0.92 to 128.49. Shares in Talaris Therapeutics Inc (NASDAQ:TALS) fell to all time lows; losing 49.00% or 2.21 to 2.30. Shares in Agile Thrpe (NASDAQ:AGRX) fell to all time lows; down 45.03% or 0.52 to 0.64.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.00% to 26.70.

Gold Futures for August delivery was up 0.05% or 0.95 to $1,808.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.49% or 2.63 to hit $108.39 a barrel, while the September Brent oil contract rose 2.20% or 2.40 to trade at $111.43 a barrel.

EUR/USD was down 0.48% to 1.04, while USD/JPY fell 0.34% to 135.27.

The US Dollar Index Futures was up 0.39% at 104.87.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.05%
 

Related Articles

Dow Futures Ease After Positive Week
Dow Futures Ease After Positive Week By Investing.com - Aug 14, 2022 3

By Oliver Gray Investing.com - U.S. stock futures were trading slightly lower during Sunday’s evening deals, after major benchmark averages rallied for the 4th consecutive...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email