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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.65%

Published 10/28/2024, 04:30 PM
Updated 10/28/2024, 04:35 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.65%
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Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Financials, Basic Materials and Telecoms sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.65%, while the S&P 500 index gained 0.27%, and the NASDAQ Composite index climbed 0.27%.

The best performers of the session on the Dow Jones Industrial Average were 3M Company (NYSE:MMM), which rose 4.44% or 5.54 points to trade at 130.29 at the close. Meanwhile, Goldman Sachs Group Inc (NYSE:GS) added 2.14% or 10.98 points to end at 523.58 and American Express Company (NYSE:AXP) was up 1.54% or 4.12 points to 271.47 in late trade.

The worst performers of the session were Boeing Co (NYSE:BA), which fell 2.79% or 4.32 points to trade at 150.69 at the close. Honeywell International Inc (NASDAQ:HON) declined 0.90% or 1.88 points to end at 206.12 and Cisco Systems Inc (NASDAQ:CSCO) was down 0.83% or 0.46 points to 55.28.

The top performers on the S&P 500 were Albemarle Corp (NYSE:ALB) which rose 4.95% to 98.14, Carnival Corporation (NYSE:CCL) which was up 4.83% to settle at 21.92 and Steel Dynamics Inc (NASDAQ:STLD) which gained 4.74% to close at 135.72.

The worst performers were APA Corporation (NASDAQ:APA) which was down 4.51% to 23.70 in late trade, Centene Corp (NYSE:CNC) which lost 3.97% to settle at 61.67 and ResMed Inc (NYSE:RMD) which was down 3.65% to 246.73 at the close.

The top performers on the NASDAQ Composite were Saverone 2014 Ltd ADR (NASDAQ:SVRE) which rose 2,118.09% to 1.79, Avalon Globocare Corp (NASDAQ:ALBT) which was up 1,769.57% to settle at 4.30 and Kazia Therapeutics Ltd ADR (NASDAQ:KZIA) which gained 796.15% to close at 4.66.

The worst performers were SMX Security Matters Ord Shs Class A (NASDAQ:SMX) which was down 65.47% to 0.48 in late trade, Digital Brands Group Inc (NASDAQ:DBGI) which lost 34.04% to settle at 0.16 and Purple Biotech (NASDAQ:PPBT) which was down 25.12% to 3.07 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1849 to 956 and 78 ended unchanged; on the Nasdaq Stock Exchange, 2259 rose and 1047 declined, while 120 ended unchanged.

Shares in Carnival Corporation (NYSE:CCL) rose to 52-week highs; rising 4.83% or 1.01 to 21.92. Shares in SMX Security Matters Ord Shs Class A (NASDAQ:SMX) fell to all time lows; falling 65.47% or 0.91 to 0.48. Shares in Avalon Globocare Corp (NASDAQ:ALBT) rose to 52-week highs; rising 1,769.57% or 4.07 to 4.30. Shares in Digital Brands Group Inc (NASDAQ:DBGI) fell to all time lows; down 34.04% or 0.08 to 0.16. Shares in Purple Biotech (NASDAQ:PPBT) fell to all time lows; down 25.12% or 1.03 to 3.07.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.61% to 19.80.

Gold Futures for December delivery was unchanged 0.00% or 0.00 to $2,754.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 5.27% or 3.78 to hit $68.00 a barrel, while the January Brent oil contract fell 5.30% or 4.01 to trade at $71.62 a barrel.

EUR/USD was unchanged 0.21% to 1.08, while USD/JPY rose 0.63% to 153.26.

The US Dollar Index Futures was up 0.02% at 104.16.

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