Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.97%

Published 11/22/2024, 04:30 PM
Updated 11/22/2024, 04:35 PM
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.97%
US500
-
DJI
-
BA
-
MRK
-
NTAP
-
INTU
-
NVDA
-
AXP
-
UNH
-
GC
-
LCO
-
CL
-
NKE
-
IXIC
-
SMCI
-
CPRT
-
PANW
-
VIX
-
DXY
-
MRNA
-

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Consumer Goods, Financials and Industrials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.97% to hit a new all time high, while the S&P 500 index gained 0.35%, and the NASDAQ Composite index added 0.15%.

The best performers of the session on the Dow Jones Industrial Average were Boeing Co (NYSE:BA), which rose 4.10% or 5.88 points to trade at 149.29 at the close. Meanwhile, Nike Inc (NYSE:NKE) added 3.06% or 2.30 points to end at 77.40 and American Express Company (NYSE:AXP) was up 2.83% or 8.30 points to 301.30 in late trade.

The worst performers of the session were NVIDIA Corporation (NASDAQ:NVDA), which fell 3.27% or 4.79 points to trade at 141.88 at the close. Unitedhealth Group (NYSE:UNH) declined 1.12% or 6.71 points to end at 590.78 and Merck & Company Inc (NYSE:MRK) was down 0.68% or 0.68 points to 99.18.

The top performers on the S&P 500 were Super Micro Computer Inc (NASDAQ:SMCI) which rose 11.62% to 33.15, Copart Inc (NASDAQ:CPRT) which was up 10.19% to settle at 62.70 and Moderna Inc (NASDAQ:MRNA) which gained 7.48% to close at 41.11.

The worst performers were Intuit Inc (NASDAQ:INTU) which was down 5.68% to 640.12 in late trade, Palo Alto Networks Inc (NASDAQ:PANW) which lost 3.58% to settle at 383.46 and NetApp Inc (NASDAQ:NTAP) which was down 3.43% to 122.34 at the close.

The top performers on the NASDAQ Composite were Palladyne AI Corp (NASDAQ:PDYN) which rose 130.00% to 4.60, Quantum Corporation (NASDAQ:QMCO) which was up 127.11% to settle at 9.13 and Nano Labs Ltd ADR (NASDAQ:NA) which gained 89.02% to close at 8.26.

The worst performers were Autonomix Medical Inc (NASDAQ:AMIX) which was down 53.55% to 6.28 in late trade, Cemtrex Inc (NASDAQ:CETX) which lost 41.59% to settle at 0.11 and Ensysce Biosciences Inc (NASDAQ:ENSC) which was down 27.41% to 0.43 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2088 to 719 and 84 ended unchanged; on the Nasdaq Stock Exchange, 2301 rose and 988 declined, while 128 ended unchanged.

Shares in Copart Inc (NASDAQ:CPRT) rose to all time highs; up 10.19% or 5.80 to 62.70. Shares in American Express Company (NYSE:AXP) rose to all time highs; rising 2.83% or 8.30 to 301.30. Shares in Palladyne AI Corp (NASDAQ:PDYN) rose to 52-week highs; up 130.00% or 2.60 to 4.60. Shares in Autonomix Medical Inc (NASDAQ:AMIX) fell to all time lows; losing 53.55% or 7.24 to 6.28. Shares in Cemtrex Inc (NASDAQ:CETX) fell to all time lows; down 41.59% or 0.08 to 0.11.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.54% to 15.26.

Gold Futures for December delivery was up 1.36% or 36.30 to $2,711.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.67% or 1.17 to hit $71.27 a barrel, while the January Brent oil contract rose 1.25% or 0.93 to trade at $75.16 a barrel.

EUR/USD was down 0.54% to 1.04, while USD/JPY rose 0.21% to 154.84.

The US Dollar Index Futures was up 0.51% at 107.47.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.