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 1.22%

Published 02/15/2022, 05:25 PM
Updated 02/15/2022, 05:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.22%

Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Technology, Basic Materials and Consumer Goods sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.22%, while the S&P 500 index gained 1.58%, and the NASDAQ Composite index added 2.53%.

The best performers of the session on the Dow Jones Industrial Average were Salesforce.com Inc (NYSE:CRM), which rose 3.80% or 7.85 points to trade at 214.25 at the close. Meanwhile, Boeing Co (NYSE:BA) added 3.66% or 7.69 points to end at 217.73 and American Express Company (NYSE:AXP) was up 2.93% or 5.63 points to 197.98 in late trade.

The worst performers of the session were Chevron Corp (NYSE:CVX), which fell 0.73% or 0.99 points to trade at 134.26 at the close. 3M Company (NYSE:MMM) declined 0.42% or 0.67 points to end at 157.34 and International Business Machines (NYSE:IBM) was down 0.16% or 0.21 points to 129.94.

The top performers on the S&P 500 were Monolithic Power Systems Inc (NASDAQ:MPWR) which rose 10.60% to 479.27, NVIDIA Corporation (NASDAQ:NVDA) which was up 9.18% to settle at 264.95 and American Airlines Group (NASDAQ:AAL) which gained 8.09% to close at 18.84.

The worst performers were Fidelity National Information Services Inc (NYSE:FIS) which was down 7.76% to 102.85 in late trade, IPG Photonics Corporation (NASDAQ:IPGP) which lost 6.22% to settle at 137.55 and Constellation Brands Inc Class A (NYSE:STZ) which was down 6.12% to 219.55 at the close.

The top performers on the NASDAQ Composite were Resonant Inc (NASDAQ:RESN) which rose 256.91% to 4.390, Color Star Technology Co Ltd (NASDAQ:CSCW) which was up 93.11% to settle at 0.8881 and Tower Semiconductor Ltd (NASDAQ:TSEM) which gained 42.08% to close at 47.07.

The worst performers were Larimar Therapeutics Inc (NASDAQ:LRMR) which was down 52.09% to 4.010 in late trade, Hudson Capital Inc (NASDAQ:HUSN) which lost 31.82% to settle at 3.420 and Medpace Holdings Inc (NASDAQ:MEDP) which was down 20.30% to 138.87 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2491 to 766 and 116 ended unchanged; on the Nasdaq Stock Exchange, 3222 rose and 657 declined, while 162 ended unchanged.

Shares in IPG Photonics Corporation (NASDAQ:IPGP) fell to 52-week lows; losing 6.22% or 9.13 to 137.55. Shares in 3M Company (NYSE:MMM) fell to 52-week lows; losing 0.42% or 0.67 to 157.34. Shares in American Express Company (NYSE:AXP) rose to all time highs; gaining 2.93% or 5.63 to 197.98. Shares in Larimar Therapeutics Inc (NASDAQ:LRMR) fell to 52-week lows; down 52.09% or 4.360 to 4.010. Shares in Tower Semiconductor Ltd (NASDAQ:TSEM) rose to 5-year highs; rising 42.08% or 13.94 to 47.07. Shares in Medpace Holdings Inc (NASDAQ:MEDP) fell to 52-week lows; losing 20.30% or 35.36 to 138.87.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.28% to 25.70.

Gold Futures for April delivery was down 0.77% or 14.40 to $1855.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 3.53% or 3.37 to hit $92.09 a barrel, while the April Brent oil contract rose 0.20% or 0.19 to trade at $93.46 a barrel.

EUR/USD was up 0.04% to 1.1360, while USD/JPY fell 0.01% to 115.61.

The US Dollar Index Futures was down 0.40% at 95.975.

Latest comments

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.