U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.59%

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At the close in NYSE, the Dow Jones Industrial Average rose 0.59%, while the S&P 500 index gained 0.48%, and the NASDAQ Composite index climbed 0.01%.

The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 2.85% or 14.69 points to trade at 530.00 at the close. Meanwhile, Cisco Systems Inc (NASDAQ:CSCO) added 2.58% or 1.20 points to end at 47.79 and Merck & Company Inc (NYSE:MRK) was up 1.88% or 1.92 points to 104.23 in late trade.

The worst performers of the session were Salesforce Inc (NYSE:CRM), which fell 1.10% or 1.65 points to trade at 148.04 at the close. Walgreens Boots Alliance Inc (NASDAQ:WBA) declined 0.95% or 0.38 points to end at 39.75 and Chevron Corp (NYSE:CVX) was down 0.60% or 1.10 points to 182.99.

The top performers on the S&P 500 were Ross Stores Inc (NASDAQ:ROST) which rose 9.86% to 107.59, Gap Inc (NYSE:GPS) which was up 7.55% to settle at 13.67 and Lincoln National Corporation (NYSE:LNC) which gained 4.37% to close at 37.73.

The worst performers were Live Nation Entertainment Inc (NYSE:LYV) which was down 7.85% to 66.21 in late trade, Fortinet Inc (NASDAQ:FTNT) which lost 3.66% to settle at 52.16 and Diamondback Energy Inc (NASDAQ:FANG) which was down 3.44% to 156.22 at the close.

The top performers on the NASDAQ Composite were AGBA Acquisition Ltd (NASDAQ:AGBA) which rose 50.67% to 6.78, Paxmedica Inc (NASDAQ:PXMD) which was up 37.42% to settle at 2.13 and Mercurity Fintech Holding Inc ADR (NASDAQ:MFH) which gained 32.91% to close at 1.05.

The worst performers were Kiora Pharmaceuticals Inc (NASDAQ:KPRX) which was down 35.85% to 3.83 in late trade, Bit Origin Ltd (NASDAQ:BTOG) which lost 30.64% to settle at 0.15 and InMed Pharmaceuticals Inc (NASDAQ:INM) which was down 28.13% to 2.76 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1864 to 1219 and 126 ended unchanged; on the Nasdaq Stock Exchange, 2001 rose and 1770 declined, while 215 ended unchanged.

Shares in Live Nation Entertainment Inc (NYSE:LYV) fell to 52-week lows; falling 7.85% or 5.64 to 66.21. Shares in Merck & Company Inc (NYSE:MRK) rose to all time highs; gaining 1.88% or 1.92 to 104.23. Shares in Kiora Pharmaceuticals Inc (NASDAQ:KPRX) fell to 5-year lows; down 35.85% or 2.14 to 3.83. Shares in Bit Origin Ltd (NASDAQ:BTOG) fell to all time lows; losing 30.64% or 0.06 to 0.15.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.38% to 23.12.

Gold Futures for December delivery was down 0.66% or 11.55 to $1,751.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.74% or 1.42 to hit $80.22 a barrel, while the January Brent oil contract fell 2.16% or 1.94 to trade at $87.84 a barrel.

EUR/USD was unchanged 0.36% to 1.03, while USD/JPY rose 0.14% to 140.38.

The US Dollar Index Futures was up 0.25% at 106.86.