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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.18%

Published 02/22/2024, 04:30 PM
Updated 02/22/2024, 04:30 PM
© Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.18%

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

At the close in NYSE, the Dow Jones Industrial Average added 1.18% to hit a new all time high, while the S&P 500 index added 2.11%, and the NASDAQ Composite index added 2.96%.

The best performers of the session on the Dow Jones Industrial Average were Salesforce Inc (NYSE:CRM), which rose 3.52% or 9.99 points to trade at 293.54 at the close. Meanwhile, International Business Machines (NYSE:IBM) added 2.53% or 4.54 points to end at 184.24 and Visa Inc Class A (NYSE:V) was up 2.48% or 6.85 points to 283.61 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 1.13% or 0.49 points to trade at 42.98 at the close. Verizon Communications Inc (NYSE:VZ) declined 0.94% or 0.38 points to end at 40.72 and Walgreens Boots Alliance Inc (NASDAQ:WBA) was down 0.83% or 0.18 points to 21.57.

The top performers on the S&P 500 were NVIDIA Corporation (NASDAQ:NVDA) which rose 16.40% to 785.38, Moderna Inc (NASDAQ:MRNA) which was up 13.53% to settle at 99.44 and Advanced Micro Devices Inc (NASDAQ:AMD) which gained 10.69% to close at 181.86.

The worst performers were Etsy Inc (NASDAQ:ETSY) which was down 8.44% to 70.62 in late trade, Newmont Goldcorp Corp (NYSE:NEM) which lost 7.57% to settle at 30.90 and Teleflex Incorporated (NYSE:TFX) which was down 5.28% to 237.70 at the close.

The top performers on the NASDAQ Composite were Monopar Therapeutics Inc (NASDAQ:MNPR) which rose 96.49% to 1.12, LA Rosa Holdings Corp (NASDAQ:LRHC) which was up 95.71% to settle at 2.74 and Dogness International Corp Class A (NASDAQ:DOGZ) which gained 64.08% to close at 6.76.

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The worst performers were Draganfly Inc (NASDAQ:DPRO) which was down 52.78% to 0.17 in late trade, Greenbrook TMS Inc (NASDAQ:GBNH) which lost 46.69% to settle at 0.20 and Synaptogenix Inc (NASDAQ:SNPX) which was down 29.45% to 0.19 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1710 to 1162 and 73 ended unchanged; on the Nasdaq Stock Exchange, 1740 fell and 1676 advanced, while 116 ended unchanged.

Shares in NVIDIA Corporation (NASDAQ:NVDA) rose to all time highs; up 16.40% or 110.66 to 785.38. Shares in Newmont Goldcorp Corp (NYSE:NEM) fell to 3-years lows; down 7.57% or 2.53 to 30.90. Shares in Advanced Micro Devices Inc (NASDAQ:AMD) rose to all time highs; up 10.69% or 17.57 to 181.86. Shares in Salesforce Inc (NYSE:CRM) rose to 52-week highs; gaining 3.52% or 9.99 to 293.54. Shares in Visa Inc Class A (NYSE:V) rose to all time highs; up 2.48% or 6.85 to 283.61. Shares in Draganfly Inc (NASDAQ:DPRO) fell to all time lows; losing 52.78% or 0.19 to 0.17.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.22% to 14.54.

Gold Futures for April delivery was up 0.01% or 0.25 to $2,034.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.69% or 0.54 to hit $78.45 a barrel, while the April Brent oil contract rose 0.64% or 0.53 to trade at $83.56 a barrel.

EUR/USD was unchanged 0.05% to 1.08, while USD/JPY rose 0.15% to 150.51.

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The US Dollar Index Futures was down 0.03% at 103.88.

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