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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.26%

Published 03/05/2022, 06:25 am
© Reuters U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.26%
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Investing.com – U.S. equities were higher at the close on Monday, as gains in the Technology, Oil & Gas and Telecoms sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.26%, while the S&P 500 index gained 0.57%, and the NASDAQ Composite index gained 1.63%.

The biggest gainers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 3.14% or 1.37 points to trade at 44.96 at the close. Microsoft Corporation (NASDAQ:MSFT) added 2.50% or 6.95 points to end at 284.47 and Home Depot Inc (NYSE:HD) was up 2.19% or 6.57 points to 306.97 in late trade.

Biggest losers included Coca-Cola Co (NYSE:KO), which lost 1.81% or 1.17 points to trade at 63.44 in late trade. American Express Company (NYSE:AXP) declined 1.77% or 3.09 points to end at 171.62 and UnitedHealth Group Incorporated (NYSE:UNH) shed 1.46% or 7.40 points to 501.15.

The top performers on the S&P 500 were EPAM Systems Inc (NYSE:EPAM) which rose 8.87% to 288.50, Align Technology Inc (NASDAQ:ALGN) which was up 6.54% to settle at 308.88 and CarMax Inc (NYSE:KMX) which gained 6.25% to close at 91.14.

The worst performers were Global Payments Inc (NYSE:GPN) which was down 9.21% to 124.36 in late trade, Iron Mountain Incorporated (NYSE:IRM) which lost 5.64% to settle at 50.70 and Moodys Corporation (NYSE:MCO) which was down 4.85% to 301.13 at the close.

The top performers on the NASDAQ Composite were Better Therapeutics Inc (NASDAQ:BTTX) which rose 120.39% to 2.01, SoundHound AI Inc (NASDAQ:SOUN) which was up 68.46% to settle at 10.95 and Redbox Entertainment Inc (NASDAQ:RDBX) which gained 42.64% to close at 8.53.

The worst performers were First Wave BioPharma Inc (NASDAQ:FWBI) which was down 35.42% to 0.40 in late trade, Stealth BioTherapeutics Corp (NASDAQ:MITO) which lost 31.83% to settle at 0.28 and Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) which was down 26.51% to 1.22 at the close.

Declining stocks outnumbered rising ones by 1791 to 1419 and 160 ended unchanged; on the Nasdaq Stock Exchange, 2325 rose and 1508 declined, while 266 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.17% to 32.34.

In commodities trading, Gold Futures for June delivery was down 2.61% or 49.86 to $1,861.84 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.59% or 0.62 to hit $105.31 a barrel, while the July Brent oil contract rose 0.60% or 0.64 to trade at $107.78 a barrel.

EUR/USD was unchanged 0.36% to 1.05, while USD/JPY rose 0.24% to 130.15.

The US Dollar Index Futures was up 0.68% at 103.66.

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