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.

Source: Investing.com