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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.55%

Published 12/23/2021, 05:25 PM
©  Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.55%
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Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Consumer Goods, Basic Materials and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.55%, while the S&P 500 index added 0.62%, and the NASDAQ Composite index climbed 0.85%.

The best performers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 2.00% or 4.05 points to trade at 206.20 at the close. Meanwhile, Dow Inc (NYSE:DOW) added 1.68% or 0.91 points to end at 55.14 and Honeywell International Inc (NASDAQ:HON) was up 1.67% or 3.38 points to 205.22 in late trade.

The worst performers of the session were Visa Inc Class A (NYSE:V), which fell 0.61% or 1.34 points to trade at 216.62 at the close. Merck & Company Inc (NYSE:MRK) declined 0.56% or 0.43 points to end at 75.73 and Walmart Inc (NYSE:WMT) was down 0.22% or 0.31 points to 139.49.

The top performers on the S&P 500 were Tesla Inc (NASDAQ:TSLA) which rose 5.76% to 1067.00, ViacomCBS Inc (NASDAQ:VIAC) which was up 4.80% to settle at 30.58 and Micron Technology Inc (NASDAQ:MU) which gained 4.52% to close at 94.42.

The worst performers were Coterra Energy Inc (NYSE:CTRA) which was down 1.82% to 19.39 in late trade, Hologic Inc (NASDAQ:HOLX) which lost 1.42% to settle at 76.12 and Pfizer Inc (NYSE:PFE) which was down 1.41% to 58.71 at the close.

The top performers on the NASDAQ Composite were 22nd Century Group Inc (NASDAQ:XXII) which rose 38.64% to 3.050, Oncology Institute Inc (NASDAQ:TOI) which was up 38.46% to settle at 10.44 and Pasithea Therapeutics Corp (NASDAQ:KTTA) which gained 36.73% to close at 2.01.

The worst performers were InnovAge Holding Corp (NASDAQ:INNV) which was down 35.64% to 5.31 in late trade, Jupiter Wellness Inc (NASDAQ:JUPW) which lost 24.89% to settle at 0.954 and American Virtual Cloud Technologies Inc (NASDAQ:AVCT) which was down 24.00% to 1.900 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2289 to 971 and 126 ended unchanged; on the Nasdaq Stock Exchange, 2679 rose and 1163 declined, while 181 ended unchanged.

Shares in InnovAge Holding Corp (NASDAQ:INNV) fell to all time lows; losing 35.64% or 2.94 to 5.31. Shares in Jupiter Wellness Inc (NASDAQ:JUPW) fell to all time lows; falling 24.89% or 0.316 to 0.954.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.60% to 17.96 a new 1-month low.

Gold Futures for February delivery was up 0.42% or 7.65 to $1809.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.32% or 0.96 to hit $73.72 a barrel, while the March Brent oil contract rose 0.01% or 0.01 to trade at $76.61 a barrel.

EUR/USD was up 0.04% to 1.1332, while USD/JPY rose 0.04% to 114.41.

The US Dollar Index Futures was down 0.02% at 96.035.

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