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U.S. stocks higher at close of trade

Published 03/02/2015, 04:30 PM
© Reuters.  U.S. stocks higher at close of trade
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Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Consumer Services, Industrials and Technology sectors led shares higher.

At the close in New York, the Dow Jones Industrial Average rose 0.86% to hit a new all time high, while the S&P 500 index climbed 0.61%, and the NASDAQ Composite index climbed 0.90%.

The best performers of the session on the Dow Jones Industrial Average were Visa Inc (NYSE:V), which rose 2.57% or 6.98 points to trade at 278.29 at the close. Meanwhile, Intel Corporation (NASDAQ:INTC) added 2.44% or 0.81 points to end at 34.06 and Cisco Systems Inc (NASDAQ:CSCO) was up 2.30% or 0.68 points to 30.19 in late trade.

The worst performers of the session were International Business Machines (NYSE:IBM), which fell 0.90% or 1.46 points to trade at 160.48 at the close. Chevron Corporation (NYSE:CVX) declined 0.73% or 0.78 points to end at 105.90 and Exxon Mobil Corporation (NYSE:XOM) was down 0.56% or 0.50 points to 88.04.

The top performers on the S&P 500 were GameStop Corp (NYSE:GME) which rose 4.60% to 38.67, CBS Corporation (NYSE:CBS) which was up 4.48% to settle at 61.75 and Avon Products Inc (NYSE:AVP) which gained 4.11% to close at 8.86.

The worst performers were Navient Cor (NASDAQ:NAVI) which was down 8.83% to 19.51 in late trade, Genworth Financial Inc (NYSE:GNW) which lost 5.42% to settle at 7.33 and Valero Energy Corporation (NYSE:VLO) which was down 4.90% to 58.67 at the close.

The top performers on the NASDAQ Composite were Oncolytics Biotech Inc (NASDAQ:ONCY) which rose 46.88% to 1.070, Methes Energies International Ltd (NASDAQ:MEIL) which was up 31.24% to settle at 1.680 and TRACON Pharmaceuticals Inc (NASDAQ:TCON) which gained 29.71% to close at 17.42.

The worst performers were Pacira Pharmaceuticals Inc (NASDAQ:PCRX) which was down 19.58% to 92.30 in late trade, Vestin Realty Mortgage II Inc (NASDAQ:VRTB) which lost 16.03% to settle at 3.300 and Bonso Electronics International Inc (NASDAQ:BNSO) which was down 9.79% to 1.290 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1777 to 1048 and 1 ended unchanged; on the Nasdaq Stock Exchange, 1851 rose and 945 declined, while 8 ended unchanged.

Shares in Visa Inc (NYSE:V) rose to all time highs; rising 2.57% or 6.98 to 278.29. Shares in Cisco Systems Inc (NASDAQ:CSCO) rose to 5-year highs; up 2.30% or 0.68 to 30.19. Shares in TRACON Pharmaceuticals Inc (NASDAQ:TCON) rose to all time highs; gaining 29.71% or 3.99 to 17.42.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.40% to 13.02 a new 1-month low.

Gold for April delivery was down 0.59% or 7.20 to $1205.90 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April fell 0.06% or 0.03 to hit $49.73 a barrel, while the April Brent Oil contract fell 4.31% or 2.69 to trade at $59.88 a barrel.

EUR/USD was down 0.13% to 1.1180, while USD/JPY rose 0.48% to 120.16.

The US Dollar Index was up 0.24% at 95.52.

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