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

Published 09/26/2024, 04:30 PM
Updated 09/26/2024, 04:37 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.62%
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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.

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