U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.58%

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

At the close in NYSE, the Dow Jones Industrial Average gained 0.58%, while the S&P 500 index added 0.75%, and the NASDAQ Composite index gained 1.02%.

The best performers of the session on the Dow Jones Industrial Average were Salesforce Inc (NYSE:CRM ), which rose 1.52% or 3.80 points to trade at 253.37 at the close. Meanwhile, 3M Company (NYSE:MMM ) added 1.38% or 1.80 points to end at 132.03 and Caterpillar Inc (NYSE:CAT ) was up 1.37% or 4.58 points to 339.58 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC ), which fell 1.43% or 0.28 points to trade at 19.36 at the close. Dow Inc (NYSE:DOW ) declined 0.93% or 0.47 points to end at 50.26 and JPMorgan Chase & Co (NYSE:JPM ) was down 0.30% or 0.63 points to 206.60.

The top performers on the S&P 500 were Warner Bros Discovery Inc (NASDAQ:WBD ) which rose 10.37% to 7.66, Kroger Company (NYSE:KR ) which was up 7.18% to settle at 55.20 and Axon Enterprise Inc (NASDAQ:AXON ) which gained 6.30% to close at 384.51.

The worst performers were Moderna Inc (NASDAQ:MRNA ) which was down 12.36% to 69.68 in late trade, Enphase Energy Inc (NASDAQ:ENPH ) which lost 4.30% to settle at 105.83 and Wells Fargo & Company (NYSE:WFC ) which was down 4.02% to 51.57 at the close.

The top performers on the NASDAQ Composite were Edgio Inc (NASDAQ:EGIO ) which rose 118.70% to 2.14, Visionary Education Technology Holdings Group Inc (NASDAQ:GV ) which was up 117.73% to settle at 4.42 and Oblong Inc (NASDAQ:OBLG ) which gained 92.92% to close at 6.54.

The worst performers were Fulcrum Therapeutics Inc (NASDAQ:FULC ) which was down 61.13% to 3.44 in late trade, ModivCare Inc (NASDAQ:MODV ) which lost 59.12% to settle at 12.75 and Oncternal Therapeutics Inc (NASDAQ:ONCT ) which was down 59.09% to 1.70 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2136 to 672 and 89 ended unchanged; on the Nasdaq Stock Exchange, 1987 rose and 1292 declined, while 160 ended unchanged.

Shares in Axon Enterprise Inc (NASDAQ:AXON ) rose to all time highs; gaining 6.30% or 22.80 to 384.51. Shares in ModivCare Inc (NASDAQ:MODV ) fell to 5-year lows; losing 59.12% or 18.44 to 12.75. Shares in Oncternal Therapeutics Inc (NASDAQ:ONCT ) fell to all time lows; down 59.09% or 2.45 to 1.70.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was down 3.50% to 17.07.

Gold Futures for December delivery was up 1.79% or 45.40 to $2,587.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 2.79% or 1.88 to hit $69.19 a barrel, while the November Brent oil contract rose 2.22% or 1.57 to trade at $72.18 a barrel.

EUR/USD was up 0.56% to 1.11, while USD/JPY fell 0.38% to 141.81.

The US Dollar Index Futures was down 0.40% at 101.25.

Source: Investing.com