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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.98%

Published 05/23/2022, 04:25 PM
© Reuters U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.98%
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Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Financials, Oil & Gas and Technology sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.98%, while the S&P 500 index added 1.86%, and the NASDAQ Composite index climbed 1.59%.

The best performers of the session on the Dow Jones Industrial Average were JPMorgan Chase & Co (NYSE:JPM), which rose 6.19% or 7.26 points to trade at 124.60 at the close. Meanwhile, Visa Inc Class A (NYSE:V) added 4.29% or 8.53 points to end at 207.56 and Apple Inc (NASDAQ:AAPL) was up 4.01% or 5.52 points to 143.11 in late trade.

The worst performers of the session were Dow Inc (NYSE:DOW), which fell 0.91% or 0.62 points to trade at 67.49 at the close. Home Depot Inc (NYSE:HD) declined 0.40% or 1.16 points to end at 286.03 and Honeywell International Inc (NASDAQ:HON) was down 0.09% or 0.17 points to 189.58.

The top performers on the S&P 500 were Ross Stores Inc (NASDAQ:ROST) which rose 9.57% to 78.75, Deere & Company (NYSE:DE) which was up 7.04% to settle at 335.36 and Schlumberger NV (NYSE:SLB) which gained 6.54% to close at 43.81.

The worst performers were Gap Inc (NYSE:GPS) which was down 5.49% to 10.33 in late trade, Autodesk Inc (NASDAQ:ADSK) which lost 4.13% to settle at 183.51 and Caesars Entertainment Corporation (NASDAQ:CZR) which was down 3.71% to 48.25 at the close.

The top performers on the NASDAQ Composite were Catalyst Biosciences Inc (NASDAQ:CBIO) which rose 234.21% to 1.27, GeoVax Labs Inc (NASDAQ:GOVX) which was up 66.91% to settle at 2.32 and Lixiang Education Holding Co Ltd (NASDAQ:LXEH) which gained 58.00% to close at 3.16.

The worst performers were Nymox Pharmaceutical Corp (NASDAQ:NYMX) which was down 63.85% to 0.46 in late trade, Inotiv Inc (NASDAQ:NOTV) which lost 28.31% to settle at 13.14 and Molecular Data Inc (NASDAQ:MKD) which was down 22.40% to 0.88 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2237 to 896 and 133 ended unchanged; on the Nasdaq Stock Exchange, 2221 rose and 1554 declined, while 209 ended unchanged.

Shares in Gap Inc (NYSE:GPS) fell to 52-week lows; falling 5.49% or 0.60 to 10.33. Shares in Nymox Pharmaceutical Corp (NASDAQ:NYMX) fell to 5-year lows; down 63.85% or 0.80 to 0.46. Shares in Molecular Data Inc (NASDAQ:MKD) fell to all time lows; losing 22.40% or 0.25 to 0.88.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.23% to 28.48.

Gold Futures for June delivery was up 0.53% or 9.69 to $1,851.79 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.41% or 0.45 to hit $110.73 a barrel, while the August Brent oil contract rose 0.95% or 1.05 to trade at $111.04 a barrel.

EUR/USD was up 1.20% to 1.07, while USD/JPY rose 0.06% to 127.93.

The US Dollar Index Futures was down 1.03% at 102.11.

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