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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.82%

Published 12/01/2023, 04:30 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.82%

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Industrials, Utilities and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.82% to hit a new 52-week high, while the S&P 500 index climbed 0.59%, and the NASDAQ Composite index climbed 0.55%.

The best performers of the session on the Dow Jones Industrial Average were Walgreens Boots Alliance Inc (NASDAQ:WBA), which rose 4.26% or 0.85 points to trade at 20.79 at the close. Meanwhile, Nike Inc (NYSE:NKE) added 3.26% or 3.58 points to end at 113.48 and Salesforce Inc (NYSE:CRM) was up 3.21% or 8.09 points to 259.99 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 2.15% or 0.96 points to trade at 43.74 at the close. Microsoft Corporation (NASDAQ:MSFT) declined 1.16% or 4.40 points to end at 374.51 and Walmart Inc (NYSE:WMT) was down 0.86% or 1.34 points to 154.35.

The top performers on the S&P 500 were Boston Properties Inc (NYSE:BXP) which rose 11.15% to 63.28, Ulta Beauty Inc (NASDAQ:ULTA) which was up 10.81% to settle at 472.03 and Paramount Global Class B (NASDAQ:PARA) which gained 9.81% to close at 15.78.

The worst performers were Pfizer Inc (NYSE:PFE) which was down 5.17% to 28.89 in late trade, Intel Corporation (NASDAQ:INTC) which lost 2.15% to settle at 43.74 and Netflix Inc (NASDAQ:NFLX) which was down 1.74% to 465.74 at the close.

The top performers on the NASDAQ Composite were Neximmune Inc (NASDAQ:NEXI) which rose 144.94% to 6.05, Green Giant Inc (NASDAQ:GGE) which was up 66.43% to settle at 0.31 and View Inc (NASDAQ:VIEW) which gained 63.26% to close at 1.03.

The worst performers were Polar Power Inc (NASDAQ:POLA) which was down 46.34% to 0.46 in late trade, Smart for Life Inc (NASDAQ:SMFL) which lost 43.57% to settle at 1.36 and Incannex Healthcare Ltd ADR (NASDAQ:IXHL) which was down 33.79% to 5.29 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2469 to 466 and 40 ended unchanged; on the Nasdaq Stock Exchange, 2641 rose and 840 declined, while 77 ended unchanged.

Shares in Pfizer Inc (NYSE:PFE) fell to 3-years lows; losing 5.17% or 1.58 to 28.89. Shares in Salesforce Inc (NYSE:CRM) rose to 52-week highs; gaining 3.21% or 8.09 to 259.99. Shares in Polar Power Inc (NASDAQ:POLA) fell to all time lows; falling 46.34% or 0.39 to 0.46. Shares in Smart for Life Inc (NASDAQ:SMFL) fell to all time lows; losing 43.57% or 1.05 to 1.36.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.24% to 12.63.

Gold Futures for December delivery was up 1.62% or 33.00 to $2,071.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.17% or 1.65 to hit $74.31 a barrel, while the February Brent oil contract fell 2.18% or 1.76 to trade at $79.10 a barrel.

EUR/USD was unchanged 0.06% to 1.09, while USD/JPY fell 0.91% to 146.85.

The US Dollar Index Futures was down 0.26% at 103.15.

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