U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.62%

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

At the close in NYSE, the Dow Jones Industrial Average added 0.62%, while the S&P 500 index added 0.40%, and the NASDAQ Composite index added 0.58%.

The best performers of the session on the Dow Jones Industrial Average were Dow Inc (NYSE:DOW ), which rose 3.54% or 1.87 points to trade at 54.71 at the close. Meanwhile, Caterpillar Inc (NYSE:CAT ) added 3.41% or 12.91 points to end at 391.16 and 3M Company (NYSE:MMM ) was up 2.08% or 2.84 points to 139.44 in late trade.

The worst performers of the session were Walmart Inc (NYSE:WMT ), which fell 1.82% or 1.48 points to trade at 79.92 at the close. Merck & Company Inc (NYSE:MRK ) declined 1.43% or 1.64 points to end at 113.09 and Chevron Corp (NYSE:CVX ) was down 1.38% or 1.98 points to 141.99.

The top performers on the S&P 500 were Micron Technology Inc (NASDAQ:MU ) which rose 14.73% to 109.88, Jabil Circuit Inc (NYSE:JBL ) which was up 11.65% to settle at 126.65 and Estee Lauder Companies Inc (NYSE:EL ) which gained 10.01% to close at 100.78.

The worst performers were Super Micro Computer Inc (NASDAQ:SMCI ) which was down 12.19% to 402.28 in late trade, Diamondback Energy Inc (NASDAQ:FANG ) which lost 6.46% to settle at 168.86 and Targa Resources Inc (NYSE:TRGP ) which was down 5.94% to 146.31 at the close.

The top performers on the NASDAQ Composite were Fangdd Network Group Ltd (NASDAQ:DUO ) which rose 109.97% to 1.07, Telesis Bio Inc (NASDAQ:TBIO ) which was up 71.33% to settle at 3.99 and Alpha Technology Group Ltd (NASDAQ:ATGL ) which gained 71.16% to close at 3.68.

The worst performers were Expion360 Inc (NASDAQ:XPON ) which was down 23.33% to 0.06 in late trade, Pagaya (NASDAQ:PGY ) which lost 22.53% to settle at 9.65 and MDxHealth SA ADR (NASDAQ:MDXH ) which was down 21.26% to 2.00 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1754 to 1050 and 94 ended unchanged; on the Nasdaq Stock Exchange, 2083 rose and 1176 declined, while 150 ended unchanged.

Shares in Caterpillar Inc (NYSE:CAT ) rose to all time highs; up 3.41% or 12.91 to 391.16. Shares in 3M Company (NYSE:MMM ) rose to 52-week highs; rising 2.08% or 2.84 to 139.44. Shares in MDxHealth SA ADR (NASDAQ:MDXH ) fell to all time lows; losing 21.26% or 0.54 to 2.00.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was down 0.26% to 15.37.

Gold Futures for December delivery was up 0.40% or 10.70 to $2,695.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 3.24% or 2.26 to hit $67.43 a barrel, while the December Brent oil contract fell 2.88% or 2.10 to trade at $70.80 a barrel.

EUR/USD was unchanged 0.40% to 1.12, while USD/JPY rose 0.03% to 144.80.

The US Dollar Index Futures was down 0.32% at 100.30.

Source: Investing.com