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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.96%

Published 02/01/2021, 03:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.96%
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Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Technology, Industrials and Consumer Services sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.96%, while the S&P 500 index gained 1.71%, and the NASDAQ Composite index added 2.59%.

The best performers of the session on the Dow Jones Industrial Average were Microsoft Corporation (NASDAQ:MSFT), which rose 3.81% or 8.83 points to trade at 240.79 at the close. Meanwhile, Intel Corporation (NASDAQ:INTC) added 2.69% or 1.50 points to end at 57.01 and Visa Inc Class A (NYSE:V) was up 2.54% or 4.90 points to 198.15 in late trade.

The worst performers of the session were Walgreens Boots Alliance Inc (NASDAQ:WBA), which fell 1.71% or 0.86 points to trade at 49.39 at the close. Walmart Inc (NYSE:WMT) declined 0.77% or 1.08 points to end at 139.41 and 3M Company (NYSE:MMM) was down 0.61% or 1.07 points to 174.59.

The top performers on the S&P 500 were International Flavors & Fragrances Inc (NYSE:IFF) which rose 15.37% to 129.65, Skyworks Solutions Inc (NASDAQ:SWKS) which was up 9.12% to settle at 184.69 and Xerox Corp (NYSE:XRX) which gained 8.37% to close at 22.79.

The worst performers were Macerich Company (NYSE:MAC) which was down 10.83% to 14.00 in late trade, Dupont De Nemours Inc (NYSE:DD) which lost 8.21% to settle at 72.93 and Lumen Technologies Inc (NYSE:LUMN) which was down 3.15% to 11.99 at the close.

The top performers on the NASDAQ Composite were Dynavax Technologies Corporation (NASDAQ:DVAX) which rose 70.05% to 10.73, Ferroglobe PLC (NASDAQ:GSM) which was up 52.54% to settle at 2.7000 and Viela Bio Inc (NASDAQ:VIE) which gained 52.54% to close at 52.90.

The worst performers were Koss Corporation (NASDAQ:KOSS) which was down 42.94% to 36.520 in late trade, Mingzhu Logistics Holdings Ltd (NASDAQ:YGMZ) which lost 35.74% to settle at 22.71 and Concert Pharmaceuticals Inc (NASDAQ:CNCE) which was down 28.94% to 7.44 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2528 to 604 and 61 ended unchanged; on the Nasdaq Stock Exchange, 2352 rose and 743 declined, while 49 ended unchanged.

Shares in Skyworks Solutions Inc (NASDAQ:SWKS) rose to all time highs; gaining 9.12% or 15.44 to 184.69. Shares in Microsoft Corporation (NASDAQ:MSFT) rose to all time highs; rising 3.81% or 8.83 to 240.79. Shares in Ferroglobe PLC (NASDAQ:GSM) rose to 52-week highs; rising 52.54% or 0.9300 to 2.7000.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.76% to 29.86.

Gold Futures for April delivery was up 0.72% or 13.35 to $1863.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.82% or 1.47 to hit $53.67 a barrel, while the April Brent oil contract rose 2.64% or 1.45 to trade at $56.47 a barrel.

EUR/USD was down 0.58% to 1.2065, while USD/JPY rose 0.25% to 104.94.

The US Dollar Index Futures was up 0.51% at 90.998.

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