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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.12%

Published 07/07/2022, 04:25 PM
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.12%
US500
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DJI
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CAT
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INTC
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KO
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KLAC
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XEL
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NI
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CL
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APA
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VZ
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UNH
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NKE
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IXIC
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TLPH
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DJUSNC
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DJUSEN
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DJUSTC
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VIX
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CTMX
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IMTE
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MRNA
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DMAC
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KRBP
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AREB
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Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Oil & Gas, Technology and Consumer Goods sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 1.12%, while the S&P 500 index added 1.50%, and the NASDAQ Composite index added 2.28%.

The best performers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 4.63% or 7.97 points to trade at 180.28 at the close. Meanwhile, Nike Inc (NYSE:NKE) added 3.74% or 3.90 points to end at 108.13 and Intel Corporation (NASDAQ:INTC) was up 3.11% or 1.15 points to 38.14 in late trade.

The worst performers of the session were Coca-Cola Co (NYSE:KO), which fell 0.79% or 0.50 points to trade at 62.91 at the close. Verizon Communications Inc (NYSE:VZ) declined 0.31% or 0.16 points to end at 50.71 and UnitedHealth Group Incorporated (NYSE:UNH) was down 0.18% or 0.91 points to 514.38.

The top performers on the S&P 500 were Moderna Inc (NASDAQ:MRNA) which rose 8.05% to 172.40, APA Corporation (NASDAQ:APA) which was up 7.81% to settle at 34.51 and KLA-Tencor Corporation (NASDAQ:KLAC) which gained 7.23% to close at 314.17.

The worst performers were Xcel Energy Inc (NASDAQ:XEL) which was down 2.01% to 69.58 in late trade, NiSource Inc (NYSE:NI) which lost 1.96% to settle at 28.50 and Colgate-Palmolive Company (NYSE:CL) which was down 1.93% to 79.46 at the close.

The top performers on the NASDAQ Composite were American Rebel Holdings Inc (NASDAQ:AREB) which rose 55.70% to 1.19, Kiromic Biopharma Inc (NASDAQ:KRBP) which was up 43.46% to settle at 0.55 and AcelRx Pharmaceuticals Inc (NASDAQ:ACRX) which gained 36.20% to close at 0.35.

The worst performers were Integrated Media Technology Ltd (NASDAQ:IMTE) which was down 53.92% to 2.41 in late trade, DiaMedica Therapeutics Inc (NASDAQ:DMAC) which lost 37.62% to settle at 1.26 and CytomX Therapeutics Inc (NASDAQ:CTMX) which was down 37.56% to 1.23 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2470 to 689 and 117 ended unchanged; on the Nasdaq Stock Exchange, 2882 rose and 924 declined, while 217 ended unchanged.

Shares in DiaMedica Therapeutics Inc (NASDAQ:DMAC) fell to 5-year lows; falling 37.62% or 0.76 to 1.26. Shares in CytomX Therapeutics Inc (NASDAQ:CTMX) fell to all time lows; falling 37.56% or 0.74 to 1.23.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.43% to 26.08.

Gold Futures for August delivery was up 0.17% or 2.95 to $1,739.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 3.81% or 3.75 to hit $102.28 a barrel, while the September Brent oil contract rose 3.45% or 3.47 to trade at $104.16 a barrel.

EUR/USD was unchanged 0.22% to 1.02, while USD/JPY rose 0.05% to 135.99.

The US Dollar Index Futures was up 0.02% at 106.92.

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