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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.31%

Published 11/07/2022, 04:25 PM
Updated 11/07/2022, 04:25 PM
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.31%

Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Oil & Gas, Technology and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 1.31%, while the S&P 500 index added 0.96%, and the NASDAQ Composite index added 0.85%.

The best performers of the session on the Dow Jones Industrial Average were Walgreens Boots Alliance Inc (NASDAQ:WBA), which rose 4.10% or 1.52 points to trade at 38.59 at the close. Meanwhile, Salesforce Inc (NYSE:CRM) added 3.46% or 4.83 points to end at 144.60 and Boeing Co (NYSE:BA) was up 3.14% or 5.02 points to 165.03 in late trade.

The worst performers of the session were Nike Inc (NYSE:NKE), which fell 2.46% or 2.36 points to trade at 93.43 at the close. 3M Company (NYSE:MMM) declined 0.10% or 0.13 points to end at 124.71 and Verizon Communications Inc (NYSE:VZ) was down 0.08% or 0.03 points to 37.21.

The top performers on the S&P 500 were Viatris Inc (NASDAQ:VTRS) which rose 13.09% to 10.97, DISH Network Corporation (NASDAQ:DISH) which was up 9.89% to settle at 14.67 and Meta Platforms Inc (NASDAQ:META) which gained 6.53% to close at 96.72.

The worst performers were Dominion Energy Inc (NYSE:D) which was down 6.29% to 62.91 in late trade, NiSource Inc (NYSE:NI) which lost 5.91% to settle at 24.36 and Ceridian HCM Holding Inc (NYSE:CDAY) which was down 5.22% to 57.40 at the close.

The top performers on the NASDAQ Composite were Digital World Acquisition Corp (NASDAQ:DWAC) which rose 66.48% to 29.10, Arqit Quantum Inc (NASDAQ:ARQQ) which was up 46.87% to settle at 8.21 and Veru Inc (NASDAQ:VERU) which gained 39.52% to close at 14.44.

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The worst performers were Huadi International Group Co Ltd (NASDAQ:HUDI) which was down 91.22% to 15.81 in late trade, Bio Path Holdings Inc (NASDAQ:BPTH) which lost 45.96% to settle at 1.54 and Inhibikase Therapeutics Inc (NASDAQ:IKT) which was down 40.91% to 0.46 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1962 to 1131 and 131 ended unchanged; on the Nasdaq Stock Exchange, 2049 rose and 1715 declined, while 209 ended unchanged.

Shares in Bio Path Holdings Inc (NASDAQ:BPTH) fell to 5-year lows; falling 45.96% or 1.31 to 1.54. Shares in Inhibikase Therapeutics Inc (NASDAQ:IKT) fell to all time lows; down 40.91% or 0.32 to 0.46.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.81% to 24.35 a new 1-month low.

Gold Futures for December delivery was up 0.08% or 1.35 to $1,677.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.70% or 0.65 to hit $91.96 a barrel, while the January Brent oil contract fell 0.53% or 0.52 to trade at $98.05 a barrel.

EUR/USD was up 0.63% to 1.00, while USD/JPY rose 0.01% to 146.61.

The US Dollar Index Futures was down 0.67% at 110.04.

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