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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 2.08%

Published 11/07/2016, 04:25 PM
© Reuters.  U.S. stocks higher at close of trade; Dow Jones Industrial Average up 2.08%
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Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Healthcare, Technology and Financials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 2.08%, while the S&P 500 index climbed 2.22%, and the NASDAQ Composite index added 2.37%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 3.21% or 1.08 points to trade at 34.69 at the close. Meanwhile, Goldman Sachs Group Inc (NYSE:GS) added 3.14% or 5.53 points to end at 181.45 and JPMorgan Chase & Co (NYSE:JPM) was up 3.13% or 2.12 points to 69.88 in late trade.

The worst performers of the session were The Travelers Companies Inc (NYSE:TRV), which rose 0.65% or 0.68 points to trade at 105.35 at the close. Verizon Communications Inc (NYSE:VZ) added 0.79% or 0.37 points to end at 47.45 and Wal-Mart Stores Inc (NYSE:WMT) was up 0.88% or 0.61 points to 69.77.

The top performers on the S&P 500 were Sysco Corporation (NYSE:SYY) which rose 9.76% to 52.73, Regeneron Pharmaceuticals Inc (NASDAQ:REGN) which was up 7.03% to settle at 365.39 and Biogen Inc (NASDAQ:BIIB) which gained 6.72% to close at 295.62.

The worst performers were Alexion Pharmaceuticals Inc (NASDAQ:ALXN) which was down 6.94% to 120.05 in late trade, Newmont Mining Corporation (NYSE:NEM) which lost 3.44% to settle at 36.50 and WestRock Co (NYSE:WRK) which was down 2.33% to 45.27 at the close.

The top performers on the NASDAQ Composite were Blue Nile Inc (NASDAQ:NILE) which rose 33.90% to 40.76, Cogint Inc (NASDAQ:COGT) which was up 30.51% to settle at 3.85 and Hongli Clean Energy Technologies Corp (NASDAQ:CETC) which gained 28.65% to close at 2.4700.

The worst performers were Concordia International Corp (NASDAQ:CXRX) which was down 36.36% to 2.03 in late trade, Spring Bank Pharmaceuticals Inc (NASDAQ:SBPH) which lost 18.06% to settle at 7.85 and Opexa Therapeutics Inc (NASDAQ:OPXA) which was down 14.94% to 0.570 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2590 to 569 and 81 ended unchanged; on the Nasdaq Stock Exchange, 1977 rose and 493 declined, while 155 ended unchanged.

Shares in JPMorgan Chase & Co (NYSE:JPM) rose to 52-week highs; rising 3.13% or 2.12 to 69.88. Shares in Blue Nile Inc (NASDAQ:NILE) rose to 52-week highs; up 33.90% or 10.32 to 40.76. Shares in Concordia International Corp (NASDAQ:CXRX) fell to all time lows; down 36.36% or 1.16 to 2.03. Shares in Spring Bank Pharmaceuticals Inc (NASDAQ:SBPH) fell to all time lows; down 18.06% or 1.73 to 7.85. Shares in Opexa Therapeutics Inc (NASDAQ:OPXA) fell to all time lows; falling 14.94% or 0.100 to 0.570.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 16.79% to 18.73.

Gold for December delivery was down 1.71% or 22.30 to $1282.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.00% or 0.88 to hit $44.95 a barrel, while the January Brent oil contract rose 1.56% or 0.71 to trade at $46.29 a barrel.

EUR/USD was down 0.87% to 1.1043, while USD/JPY rose 1.35% to 104.48.

The US Dollar Index was up 0.85% at 97.76.

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