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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.39%

Published 08/15/2024, 04:30 PM
Updated 08/15/2024, 04:35 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.39%
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Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Consumer Services, Technology and Consumer Goods sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.39%, while the S&P 500 index climbed 1.61%, and the NASDAQ Composite index added 2.32%.

The best performers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ:CSCO), which rose 6.80% or 3.09 points to trade at 48.53 at the close. Meanwhile, Walmart Inc (NYSE:WMT) added 6.58% or 4.52 points to end at 73.18 and Nike Inc (NYSE:NKE) was up 5.07% or 3.98 points to 82.50 in late trade.

The worst performers of the session were Verizon Communications Inc (NYSE:VZ), which fell 2.10% or 0.86 points to trade at 40.04 at the close. Procter & Gamble Company (NYSE:PG) declined 0.52% or 0.88 points to end at 167.92 and Merck & Company Inc (NYSE:MRK) was down 0.24% or 0.27 points to 113.31.

The top performers on the S&P 500 were Ulta Beauty Inc (NASDAQ:ULTA) which rose 11.17% to 365.80, Albemarle Corp (NYSE:ALB) which was up 8.70% to settle at 79.19 and Super Micro Computer Inc (NASDAQ:SMCI) which gained 8.59% to close at 626.69.

The worst performers were Fair Isaac Corporation (NYSE:FICO) which was down 4.20% to 1,733.79 in late trade, MarketAxess Holdings Inc (NASDAQ:MKTX) which lost 2.93% to settle at 233.90 and AT&T Inc (NYSE:T) which was down 2.75% to 19.09 at the close.

The top performers on the NASDAQ Composite were Quantum BioPharma Ltd (NASDAQ:QNTM) which rose 4,649.72% to 4.27, Cingulate Inc (NASDAQ:CING) which was up 161.62% to settle at 4.84 and Portage Biotech Inc (NASDAQ:PRTG) which gained 62.79% to close at 3.50.

The worst performers were Turnstone Biologics Corp (NASDAQ:TSBX) which was down 62.10% to 0.83 in late trade, Collective Audience Inc (NASDAQ:CAUD) which lost 52.29% to settle at 0.21 and Sow Good Inc (NASDAQ:SOWG) which was down 34.77% to 13.21 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2204 to 651 and 63 ended unchanged; on the Nasdaq Stock Exchange, 2477 rose and 860 declined, while 108 ended unchanged.

Shares in Walmart Inc (NYSE:WMT) rose to all time highs; rising 6.58% or 4.52 to 73.18. Shares in Quantum BioPharma Ltd (NASDAQ:QNTM) rose to 3-years highs; up 4,649.72% or 4.18 to 4.27. Shares in Turnstone Biologics Corp (NASDAQ:TSBX) fell to all time lows; losing 62.10% or 1.36 to 0.83. Shares in Collective Audience Inc (NASDAQ:CAUD) fell to all time lows; down 52.29% or 0.23 to 0.21.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.93% to 15.23.

Gold Futures for December delivery was up 0.56% or 13.90 to $2,493.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.29% or 0.99 to hit $77.97 a barrel, while the October Brent oil contract rose 1.40% or 1.12 to trade at $80.88 a barrel.

EUR/USD was unchanged 0.37% to 1.10, while USD/JPY rose 1.31% to 149.24.

The US Dollar Index Futures was up 0.49% at 102.89.

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