U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.05%

This post was originally published on this site

At the close in NYSE, the Dow Jones Industrial Average rose 1.05%, while the S&P 500 index gained 1.06%, and the NASDAQ Composite index added 0.90%.

The best performers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which rose 2.46% or 6.08 points to trade at 252.96 at the close. Meanwhile, Coca-Cola Co (NYSE:KO) added 2.34% or 1.47 points to end at 64.38 and Boeing Co (NYSE:BA) was up 2.28% or 3.12 points to 139.84 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 2.86% or 1.07 points to trade at 36.34 at the close. Nike Inc (NYSE:NKE) declined 1.00% or 1.02 points to end at 101.18 and 3M Company (NYSE:MMM) was down 0.71% or 0.92 points to 128.49.

The top performers on the S&P 500 were Etsy Inc (NASDAQ:ETSY) which rose 9.02% to 79.81, PulteGroup Inc (NYSE:PHM) which was up 6.54% to settle at 42.22 and Warner Bros Discovery Inc (NASDAQ:WBD) which gained 6.18% to close at 14.25.

The worst performers were Lam Research Corp (NASDAQ:LRCX) which was down 7.35% to 394.83 in late trade, KLA-Tencor Corporation (NASDAQ:KLAC) which lost 7.15% to settle at 296.26 and Applied Materials Inc (NASDAQ:AMAT) which was down 5.18% to 86.27 at the close.

The top performers on the NASDAQ Composite were Omeros Corporation (NASDAQ:OMER) which rose 68.73% to 4.64, Clovis Oncology Inc (NASDAQ:CLVS) which was up 58.33% to settle at 2.85 and Fast Radius Inc (NASDAQ:FSRD) which gained 41.15% to close at 0.89.

The worst performers were Talaris Therapeutics Inc (NASDAQ:TALS) which was down 49.00% to 2.30 in late trade, Agile Thrpe (NASDAQ:AGRX) which lost 45.03% to settle at 0.64 and Ensysce Biosciences Inc (NASDAQ:ENSC) which was down 34.48% to 0.57 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2315 to 770 and 100 ended unchanged; on the Nasdaq Stock Exchange, 2277 rose and 1438 declined, while 200 ended unchanged.

Shares in Lam Research Corp (NASDAQ:LRCX) fell to 52-week lows; losing 7.35% or 31.32 to 394.83. Shares in Applied Materials Inc (NASDAQ:AMAT) fell to 52-week lows; falling 5.18% or 4.71 to 86.27. Shares in Intel Corporation (NASDAQ:INTC) fell to 3-years lows; losing 2.86% or 1.07 to 36.34. Shares in Nike Inc (NYSE:NKE) fell to 52-week lows; down 1.00% or 1.02 to 101.18. Shares in 3M Company (NYSE:MMM) fell to 52-week lows; losing 0.71% or 0.92 to 128.49. Shares in Talaris Therapeutics Inc (NASDAQ:TALS) fell to all time lows; losing 49.00% or 2.21 to 2.30. Shares in Agile Thrpe (NASDAQ:AGRX) fell to all time lows; down 45.03% or 0.52 to 0.64.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.00% to 26.70.

Gold Futures for August delivery was up 0.05% or 0.95 to $1,808.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.49% or 2.63 to hit $108.39 a barrel, while the September Brent oil contract rose 2.20% or 2.40 to trade at $111.43 a barrel.

EUR/USD was down 0.48% to 1.04, while USD/JPY fell 0.34% to 135.27.

The US Dollar Index Futures was up 0.39% at 104.87.