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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.17%

Published 07/05/2024, 04:30 PM
Updated 07/05/2024, 04:31 PM
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.17%
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Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Technology, Consumer Services and Consumer Goods sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.17%, while the S&P 500 index climbed 0.54%, and the NASDAQ Composite index gained 0.90%.

The best performers of the session on the Dow Jones Industrial Average were Walmart Inc (NYSE:WMT), which rose 2.64% or 1.80 points to trade at 70.04 at the close. Meanwhile, Intel Corporation (NASDAQ:INTC) added 2.53% or 0.79 points to end at 32.02 and Apple Inc (NASDAQ:AAPL) was up 2.16% or 4.79 points to 226.34 in late trade.

The worst performers of the session were JPMorgan Chase & Co (NYSE:JPM), which fell 1.87% or 3.90 points to trade at 204.79 at the close. Chevron Corp (NYSE:CVX) declined 1.53% or 2.40 points to end at 154.31 and Dow Inc (NYSE:DOW) was down 1.23% or 0.65 points to 52.23.

The top performers on the S&P 500 were Meta Platforms Inc (NASDAQ:META) which rose 5.87% to 539.89, Baxter International Inc (NYSE:BAX) which was up 5.28% to settle at 34.91 and Advanced Micro Devices Inc (NASDAQ:AMD) which gained 4.88% to close at 171.90.

The worst performers were Southwest Airlines Company (NYSE:LUV) which was down 5.74% to 26.94 in late trade, First Solar Inc (NASDAQ:FSLR) which lost 3.89% to settle at 222.12 and Micron Technology Inc (NASDAQ:MU) which was down 3.79% to 131.63 at the close.

The top performers on the NASDAQ Composite were Phio Pharmaceuticals Corp (NASDAQ:PHIO) which rose 802.75% to 5.24, Beneficient (NASDAQ:BENF) which was up 125.12% to settle at 4.84 and Qualigen Therapeutics Inc (NASDAQ:QLGN) which gained 59.54% to close at 0.28.

The worst performers were Vicinity Motor Corp (NASDAQ:VEV) which was down 30.67% to 0.39 in late trade, Qilian International Holding Group Ltd (NASDAQ:QLI) which lost 26.88% to settle at 4.08 and China Liberal Education Holdings (NASDAQ:CLEU) which was down 24.04% to 2.18 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1601 to 1226 and 98 ended unchanged; on the Nasdaq Stock Exchange, 1846 fell and 1507 advanced, while 109 ended unchanged.

Shares in Meta Platforms Inc (NASDAQ:META) rose to all time highs; rising 5.87% or 29.93 to 539.89. Shares in Walmart Inc (NYSE:WMT) rose to all time highs; up 2.64% or 1.80 to 70.04. Shares in Apple Inc (NASDAQ:AAPL) rose to all time highs; gaining 2.16% or 4.79 to 226.34. Shares in Vicinity Motor Corp (NASDAQ:VEV) fell to all time lows; falling 30.67% or 0.17 to 0.39.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.79% to 12.48.

Gold Futures for August delivery was up 1.19% or 28.30 to $2,397.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.70% or 0.59 to hit $83.29 a barrel, while the September Brent oil contract fell 0.73% or 0.64 to trade at $86.79 a barrel.

EUR/USD was unchanged 0.29% to 1.08, while USD/JPY fell 0.29% to 160.77.

The US Dollar Index Futures was down 0.52% at 104.54.

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