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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.20%

Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Telecoms, Consumer Services and Financials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 1.20%, while the S&P 500 index added 1.16%, and the NASDAQ Composite index added 1.17%.

The best performers of the session on the Dow Jones Industrial Average were Verizon Communications Inc (NYSE:VZ), which rose 3.84% or 1.58 points to trade at 42.73 at the close. Meanwhile, Boeing Co (NYSE:BA) added 3.36% or 5.29 points to end at 162.91 and Travelers Companies (NYSE:TRV) was up 2.83% or 6.64 points to 241.10 in late trade.

The worst performers of the session were Merck & Company Inc (NYSE:MRK), which fell 2.08% or 2.45 points to trade at 115.39 at the close. Nike Inc (NYSE:NKE) declined 1.41% or 1.14 points to end at 79.49 and Unitedhealth Group (NYSE:UNH) was down 0.47% or 2.78 points to 594.10.

The top performers on the S&P 500 were Super Micro Computer Inc (NASDAQ:SMCI) which rose 6.06% to 409.87, United Airlines Holdings Inc (NASDAQ:UAL) which was up 5.96% to settle at 48.75 and Paycom Soft (NYSE:PAYC) which gained 5.75% to close at 163.82.

The worst performers were Enphase Energy Inc (NASDAQ:ENPH) which was down 5.16% to 103.04 in late trade, Humana Inc (NYSE:HUM) which lost 3.94% to settle at 343.76 and Bath & Body Works Inc. (NYSE:BBWI) which was down 3.67% to 27.54 at the close.

The top performers on the NASDAQ Composite were Summit Therapeutics PLC (NASDAQ:SMMT) which rose 55.99% to 19.14, Aligos Therapeutics Inc (NASDAQ:ALGS) which was up 55.32% to settle at 19.43 and Instil Bio Inc (NASDAQ:TIL) which gained 53.78% to close at 21.99.

The worst performers were Edgio Inc (NASDAQ:EGIO) which was down 80.23% to 1.22 in late trade, Pineapple Holdings Inc (NASDAQ:PEGY) which lost 63.81% to settle at 0.29 and Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) which was down 35.12% to 6.65 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1756 to 1056 and 93 ended unchanged; on the Nasdaq Stock Exchange, 1878 rose and 1423 declined, while 133 ended unchanged.

Shares in Bath & Body Works Inc. (NYSE:BBWI) fell to 52-week lows; down 3.67% or 1.05 to 27.54. Shares in Travelers Companies (NYSE:TRV) rose to all time highs; gaining 2.83% or 6.64 to 241.10. Shares in Summit Therapeutics PLC (NASDAQ:SMMT) rose to all time highs; gaining 55.99% or 6.87 to 19.14. Shares in Edgio Inc (NASDAQ:EGIO) fell to all time lows; down 80.23% or 4.95 to 1.22. Shares in Pineapple Holdings Inc (NASDAQ:PEGY) fell to all time lows; falling 63.81% or 0.52 to 0.29. Shares in Instil Bio Inc (NASDAQ:TIL) rose to 52-week highs; up 53.78% or 7.69 to 21.99.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 13.09% to 19.45.

Gold Futures for December delivery was up 0.43% or 10.90 to $2,535.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.48% or 1.00 to hit $68.67 a barrel, while the November Brent oil contract rose 1.06% or 0.75 to trade at $71.81 a barrel.

EUR/USD was unchanged 0.40% to 1.10, while USD/JPY rose 0.59% to 143.12.

The US Dollar Index Futures was up 0.43% at 101.58.

This post appeared first on investing.com

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