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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.50%

Published 06/08/2023, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.50%

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

At the close in NYSE, the Dow Jones Industrial Average rose 0.50% to hit a new 1-month high, while the S&P 500 index added 0.62%, and the NASDAQ Composite index added 1.02%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 2.91% or 6.16 points to trade at 218.09 at the close. Meanwhile, Salesforce Inc (NYSE:CRM) added 1.85% or 3.81 points to end at 209.54 and Intel Corporation (NASDAQ:INTC) was up 1.73% or 0.54 points to 31.82 in late trade.

The worst performers of the session were Dow Inc (NYSE:DOW), which fell 2.02% or 1.09 points to trade at 52.78 at the close. Visa Inc Class A (NYSE:V) declined 0.96% or 2.17 points to end at 223.10 and Nike Inc (NYSE:NKE) was down 0.82% or 0.88 points to 106.21.

The top performers on the S&P 500 were Warner Bros Discovery Inc (NASDAQ:WBD) which rose 6.86% to 14.02, Adobe Systems Incorporated (NASDAQ:ADBE) which was up 4.95% to settle at 439.03 and Tesla Inc (NASDAQ:TSLA) which gained 4.58% to close at 234.86.

The worst performers were DISH Network Corporation (NASDAQ:DISH) which was down 4.50% to 7.43 in late trade, Pool Corporation (NASDAQ:POOL) which lost 4.16% to settle at 324.64 and Eastman Chemical Company (NYSE:EMN) which was down 3.95% to 80.44 at the close.

The top performers on the NASDAQ Composite were Baosheng Media Group Holdings Ltd (NASDAQ:BAOS) which rose 136.76% to 14.04, Oncology Institute Inc (NASDAQ:TOI) which was up 36.42% to settle at 0.65 and Rigetti Computing Inc (NASDAQ:RGTI) which gained 33.33% to close at 1.38.

The worst performers were Wejo Group Ltd (NASDAQ:WEJO) which was down 31.92% to 0.04 in late trade, Precipio Inc (NASDAQ:PRPO) which lost 29.41% to settle at 0.48 and Hashicorp Inc (NASDAQ:HCP) which was down 25.86% to 25.78 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1474 to 1458 and 100 ended unchanged; on the Nasdaq Stock Exchange, 1841 fell and 1727 advanced, while 131 ended unchanged.

Shares in Wejo Group Ltd (NASDAQ:WEJO) fell to all time lows; falling 31.92% or 0.02 to 0.04. Shares in Precipio Inc (NASDAQ:PRPO) fell to all time lows; losing 29.41% or 0.20 to 0.48.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.08% to 13.65 a new 3-years low.

Gold Futures for August delivery was up 1.10% or 21.50 to $1,979.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 2.22% or 1.61 to hit $70.92 a barrel, while the August Brent oil contract fell 1.83% or 1.41 to trade at $75.54 a barrel.

EUR/USD was up 0.77% to 1.08, while USD/JPY fell 0.88% to 138.90.

The US Dollar Index Futures was down 0.73% at 103.30.

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