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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.76%

Published 08/06/2024, 04:30 PM
Updated 08/06/2024, 04:35 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.76%
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Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Financials, Telecoms and Consumer Services sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.76%, while the S&P 500 index climbed 1.04%, and the NASDAQ Composite index climbed 0.98%.

The best performers of the session on the Dow Jones Industrial Average were Caterpillar Inc (NYSE:CAT), which rose 3.04% or 9.64 points to trade at 326.44 at the close. Meanwhile, Dow Inc (NYSE:DOW) added 2.88% or 1.47 points to end at 52.48 and JPMorgan Chase & Co (NYSE:JPM) was up 2.79% or 5.44 points to 200.34 in late trade.

The worst performers of the session were Johnson & Johnson (NYSE:JNJ), which fell 1.41% or 2.28 points to trade at 158.97 at the close. Intel Corporation (NASDAQ:INTC) declined 1.39% or 0.28 points to end at 19.83 and Boeing Co (NYSE:BA) was down 1.19% or 1.99 points to 165.04.

The top performers on the S&P 500 were Kenvue Inc (NYSE:KVUE) which rose 14.68% to 20.86, Uber Technologies Inc (NYSE:UBER) which was up 10.93% to settle at 64.87 and Royal Caribbean Cruises Ltd (NYSE:RCL) which gained 7.51% to close at 150.26.

The worst performers were Henry Schein Inc (NASDAQ:HSIC) which was down 8.11% to 63.92 in late trade, Albemarle Corp (NYSE:ALB) which lost 4.78% to settle at 79.53 and Vulcan Materials Company (NYSE:VMC) which was down 4.39% to 246.14 at the close.

The top performers on the NASDAQ Composite were Biovie Inc (NASDAQ:BIVI) which rose 685.98% to 2.31, VBI Vaccines Inc (NASDAQ:VBIV) which was up 111.29% to settle at 0.13 and Lytus Technologies Holdings Ptv Ltd (NASDAQ:LYT) which gained 54.61% to close at 2.18.

The worst performers were Airnet Technology Inc (NASDAQ:ANTE) which was down 81.46% to 0.44 in late trade, Richtech Robotics Inc (NASDAQ:RR) which lost 73.94% to settle at 0.37 and Elevation Oncology Inc (NASDAQ:ELEV) which was down 63.37% to 0.78 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2121 to 731 and 70 ended unchanged; on the Nasdaq Stock Exchange, 2186 rose and 1180 declined, while 118 ended unchanged.

Shares in Albemarle Corp (NYSE:ALB) fell to 3-years lows; down 4.78% or 3.99 to 79.53. Shares in Intel Corporation (NASDAQ:INTC) fell to 5-year lows; down 1.39% or 0.28 to 19.83. Shares in Biovie Inc (NASDAQ:BIVI) rose to all time lows; rising 685.98% or 2.02 to 2.31. Shares in Airnet Technology Inc (NASDAQ:ANTE) fell to all time lows; falling 81.46% or 1.95 to 0.44. Shares in Richtech Robotics Inc (NASDAQ:RR) fell to all time lows; down 73.94% or 1.05 to 0.37.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 28.16% to 27.71.

Gold Futures for December delivery was down 0.62% or 15.25 to $2,429.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September unchanged 0.00% or 0.00 to hit $72.94 a barrel, while the October Brent oil contract fell 0.09% or 0.07 to trade at $76.23 a barrel.

EUR/USD was unchanged 0.20% to 1.09, while USD/JPY rose 0.37% to 144.71.

The US Dollar Index Futures was up 0.24% at 102.73.

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