U.S. stocks higher at close of trade; Dow Jones Industrial Average up 3.70%

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At the close in NYSE, the Dow Jones Industrial Average gained 3.70% to hit a new 1-month high, while the S&P 500 index climbed 5.54%, and the NASDAQ Composite index gained 7.35%.

The best performers of the session on the Dow Jones Industrial Average were Salesforce Inc (NYSE:CRM), which rose 9.99% or 14.19 points to trade at 156.25 at the close. Meanwhile, Apple Inc (NASDAQ:AAPL) added 8.90% or 12.00 points to end at 146.87 and Home Depot Inc (NYSE:HD) was up 8.70% or 24.95 points to 311.70 in late trade.

The worst performers of the session were McDonald’s Corporation (NYSE:MCD), which fell 0.69% or 1.91 points to trade at 275.88 at the close. Merck & Company Inc (NYSE:MRK) added 0.30% or 0.30 points to end at 101.89 and Amgen Inc (NASDAQ:AMGN) was up 0.47% or 1.36 points to 291.01.

The top performers on the S&P 500 were Invesco Plc (NYSE:IVZ) which rose 17.88% to 18.75, Caesars Entertainment Corporation (NASDAQ:CZR) which was up 17.83% to settle at 50.62 and T. Rowe Price Group Inc (NASDAQ:TROW) which gained 16.36% to close at 124.65.

The worst performers were McKesson Corporation (NYSE:MCK) which was down 4.12% to 370.32 in late trade, Cardinal Health Inc (NYSE:CAH) which lost 2.79% to settle at 77.93 and Altria Group (NYSE:MO) which was down 2.19% to 44.22 at the close.

The top performers on the NASDAQ Composite were Fast Radius Inc (NASDAQ:FSRD) which rose 156.19% to 0.26, SHF Holdings Inc (NASDAQ:SHFS) which was up 86.70% to settle at 3.79 and EpicQuest Education Group International Ltd (NASDAQ:EEIQ) which gained 73.79% to close at 1.79.

The worst performers were Apyx Medical Inc (NASDAQ:APYX) which was down 60.45% to 1.74 in late trade, Veru Inc (NASDAQ:VERU) which lost 53.56% to settle at 6.97 and AGBA Acquisition Ltd (NASDAQ:AGBA) which was down 50.89% to 5.50 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2825 to 349 and 82 ended unchanged; on the Nasdaq Stock Exchange, 3070 rose and 748 declined, while 165 ended unchanged.

Shares in Merck & Company Inc (NYSE:MRK) rose to all time highs; up 0.30% or 0.30 to 101.89. Shares in Apyx Medical Inc (NASDAQ:APYX) fell to 5-year lows; losing 60.45% or 2.66 to 1.74. Shares in AGBA Acquisition Ltd (NASDAQ:AGBA) fell to all time lows; losing 50.89% or 5.70 to 5.50.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.81% to 23.53 a new 1-month low.

Gold Futures for December delivery was up 2.67% or 45.70 to $1,759.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.55% or 0.47 to hit $86.30 a barrel, while the January Brent oil contract rose 0.90% or 0.83 to trade at $93.48 a barrel.

EUR/USD was up 2.01% to 1.02, while USD/JPY fell 3.93% to 140.68.

The US Dollar Index Futures was down 2.52% at 107.68.