U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.30% By Investing.com

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.30%

Stock Markets Jul 09, 2021 04:25PM ET

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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.30%

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Financials, Basic Materials and Oil & Gas sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.30% to hit a new all time high, while the S&P 500 index climbed 1.13%, and the NASDAQ Composite index gained 0.98%.

The best performers of the session on the Dow Jones Industrial Average were Goldman Sachs Group Inc (NYSE:GS), which rose 3.61% or 12.94 points to trade at 371.88 at the close. Meanwhile, JPMorgan Chase & Co (NYSE:JPM) added 3.22% or 4.86 points to end at 155.80 and The Travelers Companies Inc (NYSE:TRV) was up 3.19% or 4.74 points to 153.26 in late trade.

The worst performers of the session were Salesforce.com Inc (NYSE:CRM), which fell 0.31% or 0.75 points to trade at 245.05 at the close. Merck & Company Inc (NYSE:MRK) declined 0.17% or 0.13 points to end at 77.99 and Procter & Gamble Company (NYSE:PG) was up 0.04% or 0.05 points to 137.03.

The top performers on the S&P 500 were Macy’s Inc (NYSE:M) which rose 6.81% to 18.66, Nordstrom Inc (NYSE:JWN) which was up 6.66% to settle at 36.01 and Discover Financial Services (NYSE:DFS) which gained 6.19% to close at 122.40.

The worst performers were Biogen Inc (NASDAQ:BIIB) which was down 2.99% to 358.02 in late trade, ResMed Inc (NYSE:RMD) which lost 1.23% to settle at 247.65 and Baxter International Inc (NYSE:BAX) which was down 1.12% to 80.42 at the close.

The top performers on the NASDAQ Composite were SGOCO Group Ltd (NASDAQ:SGOC) which rose 279.07% to 9.780, Stampscom Inc (NASDAQ:STMP) which was up 63.95% to settle at 324.17 and Tempest Therapeutics Inc (NASDAQ:TPST) which gained 49.38% to close at 15.6700.

The worst performers were Nova Lifestyle I (NASDAQ:NVFY) which was down 27.69% to 4.700 in late trade, Sigilon Therapeutics Inc (NASDAQ:SGTX) which lost 25.65% to settle at 6.87 and Alterity Therapeutics Ltd (NASDAQ:ATHE) which was down 18.32% to 1.6500 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2559 to 622 and 109 ended unchanged; on the Nasdaq Stock Exchange, 2690 rose and 764 declined, while 143 ended unchanged.

Shares in SGOCO Group Ltd (NASDAQ:SGOC) rose to 5-year highs; gaining 279.07% or 7.200 to 9.780. Shares in Stampscom Inc (NASDAQ:STMP) rose to all time highs; gaining 63.95% or 126.45 to 324.17. Shares in Sigilon Therapeutics Inc (NASDAQ:SGTX) fell to all time lows; losing 25.65% or 2.37 to 6.87.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 14.84% to 16.18.

Gold Futures for August delivery was up 0.47% or 8.45 to $1808.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.37% or 1.73 to hit $74.67 a barrel, while the September Brent oil contract rose 2.02% or 1.50 to trade at $75.62 a barrel.

EUR/USD was up 0.32% to 1.1880, while USD/JPY rose 0.31% to 110.12.

The US Dollar Index Futures was down 0.33% at 92.102.

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Bright Heflide Jul 12, 2021 1:36AM ET

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