U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.06%

Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Utilities , Industrials and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 1.06%, while the S&P 500 index gained 0.53%, and the NASDAQ Composite index climbed 0.04%.

The best performers of the session on the Dow Jones Industrial Average were International Business Machines (NYSE:IBM ), which rose 3.63% or 7.80 points to trade at 222.40 at the close. Meanwhile, Sherwin-Williams Co (NYSE:SHW ) added 3.14% or 11.66 points to end at 383.32 and Salesforce Inc (NYSE:CRM ) was up 3.09% or 10.08 points to 335.78 in late trade.

The worst performers of the session were Amazon.com Inc (NASDAQ:AMZN ), which fell 2.22% or 4.50 points to trade at 198.38 at the close. Boeing Co (NYSE:BA ) declined 1.83% or 2.67 points to end at 143.41 and McDonald’s Corporation (NYSE:MCD ) was down 0.85% or 2.47 points to 288.45.

The top performers on the S&P 500 were Super Micro Computer Inc (NASDAQ:SMCI ) which rose 15.12% to 29.70, Amentum Holdings LLC (NYSE:AMTM ) which was up 10.49% to settle at 24.76 and Deere & Company (NYSE:DE ) which gained 8.05% to close at 437.54.

The worst performers were Alphabet Inc Class A (NASDAQ:GOOGL ) which was down 4.74% to 167.63 in late trade, Alphabet Inc Class C (NASDAQ:GOOG ) which lost 4.56% to settle at 169.24 and Transdigm Group Incorporated (NYSE:TDG ) which was down 4.10% to 1,240.13 at the close.

The top performers on the NASDAQ Composite were Scworx Corp (NASDAQ:WORX ) which rose 116.33% to 2.12, Cerence Inc (NASDAQ:CRNC ) which was up 106.74% to settle at 5.83 and Procaps Group SA (NASDAQ:PROC ) which gained 94.23% to close at 1.11.

The worst performers were SKK Holdings Ltd (NASDAQ:SKK ) which was down 75.88% to 1.10 in late trade, TMT Acquisition Corp (NASDAQ:TMTC ) which lost 65.35% to settle at 2.20 and Wellchange Holdings Co Ltd (NASDAQ:WCT ) which was down 62.35% to 1.25 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2135 to 662 and 91 ended unchanged; on the Nasdaq Stock Exchange, 2206 rose and 1098 declined, while 126 ended unchanged.

Shares in Deere & Company (NYSE:DE ) rose to 52-week highs; rising 8.05% or 32.58 to 437.54. Shares in SKK Holdings Ltd (NASDAQ:SKK ) fell to all time lows; losing 75.88% or 3.46 to 1.10. Shares in TMT Acquisition Corp (NASDAQ:TMTC ) fell to all time lows; down 65.35% or 4.15 to 2.20. Shares in Wellchange Holdings Co Ltd (NASDAQ:WCT ) fell to all time lows; losing 62.35% or 2.07 to 1.25.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was down 1.69% to 16.87.

Gold Futures for December delivery was up 0.79% or 21.05 to $2,672.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.95% or 1.34 to hit $70.09 a barrel, while the January Brent oil contract rose 1.98% or 1.44 to trade at $74.25 a barrel.

EUR/USD was down 0.66% to 1.05, while USD/JPY fell 0.58% to 154.53.

The US Dollar Index Futures was up 0.38% at 107.03.

Source: Investing.com