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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.85%

Published 05/02/2024, 04:30 PM
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.85%

Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Technology, Consumer Services and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.85%, while the S&P 500 index added 0.91%, and the NASDAQ Composite index added 1.51%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 4.31% or 7.39 points to trade at 178.85 at the close. Meanwhile, Amazon.com Inc (NASDAQ:AMZN) added 3.20% or 5.72 points to end at 184.72 and Apple Inc (NASDAQ:AAPL) was up 2.29% or 3.88 points to 173.18 in late trade.

The worst performers of the session were 3M Company (NYSE:MMM), which fell 1.66% or 1.63 points to trade at 96.81 at the close. Honeywell International Inc (NASDAQ:HON) declined 0.85% or 1.66 points to end at 193.64 and Johnson & Johnson (NYSE:JNJ) was down 0.83% or 1.26 points to 149.92.

The top performers on the S&P 500 were Howmet Aerospace Inc (NYSE:HWM) which rose 15.44% to 77.09, Paramount Global Class B (NASDAQ:PARA) which was up 13.05% to settle at 13.86 and Moderna Inc (NASDAQ:MRNA) which gained 12.68% to close at 125.59.

The worst performers were Etsy Inc (NASDAQ:ETSY) which was down 15.06% to 59.24 in late trade, Qorvo Inc (NASDAQ:QRVO) which lost 14.50% to settle at 95.67 and Huntington Ingalls Industries Inc (NYSE:HII) which was down 11.50% to 245.19 at the close.

The top performers on the NASDAQ Composite were XBP Europe Holdings Inc (NASDAQ:XBP) which rose 66.41% to 2.18, Vintage Wine Estates Inc (NASDAQ:VWE) which was up 55.17% to settle at 0.36 and Nuwellis Inc (NASDAQ:NUWE) which gained 54.89% to close at 0.21.

The worst performers were Xpel Inc (NASDAQ:XPEL) which was down 38.91% to 32.86 in late trade, Plutonian Acquisition Corp (NASDAQ:PLTN) which lost 30.60% to settle at 6.35 and Accuray Incorporated (NASDAQ:ARAY) which was down 29.03% to 1.54 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2175 to 671 and 60 ended unchanged; on the Nasdaq Stock Exchange, 2253 rose and 1097 declined, while 112 ended unchanged.

Shares in Howmet Aerospace Inc (NYSE:HWM) rose to all time highs; up 15.44% or 10.31 to 77.09. Shares in Etsy Inc (NASDAQ:ETSY) fell to 3-years lows; falling 15.06% or 10.50 to 59.24. Shares in Xpel Inc (NASDAQ:XPEL) fell to 3-years lows; falling 38.91% or 20.93 to 32.86. Shares in Plutonian Acquisition Corp (NASDAQ:PLTN) fell to all time lows; down 30.60% or 2.80 to 6.35. Shares in Accuray Incorporated (NASDAQ:ARAY) fell to 3-years lows; down 29.03% or 0.63 to 1.54.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.61% to 14.68.

Gold Futures for June delivery was up 0.00% or 0.10 to $2,311.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.04% or 0.03 to hit $79.03 a barrel, while the July Brent oil contract rose 0.30% or 0.25 to trade at $83.69 a barrel.

EUR/USD was unchanged 0.17% to 1.07, while USD/JPY fell 0.57% to 153.60.

The US Dollar Index Futures was down 0.36% at 105.25.

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