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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.89%

Published 02/02/2021, 07:25 am
© Reuters U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.89%
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Investing.com – U.S. equities were higher at the close on Monday, as gains in the Technology, Industrials and Consumer Services sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.89%, while the S&P 500 index added 1.67%, and the NASDAQ Composite index added 2.53%.

The biggest gainers of the session on the Dow Jones Industrial Average were Microsoft Corporation (NASDAQ:MSFT), which rose 3.70% or 8.59 points to trade at 240.55 at the close. Intel Corporation (NASDAQ:INTC) added 2.59% or 1.44 points to end at 56.95 and Visa Inc Class A (NYSE:V) was up 2.47% or 4.77 points to 198.02 in late trade.

Biggest losers included Walgreens Boots Alliance Inc (NASDAQ:WBA), which lost 1.74% or 0.88 points to trade at 49.38 in late trade. Walmart Inc (NYSE:WMT) declined 0.77% or 1.08 points to end at 139.41 and 3M Company (NYSE:MMM) shed 0.70% or 1.23 points to 174.43.

The top performers on the S&P 500 were International Flavors & Fragrances Inc (NYSE:IFF) which rose 15.16% to 129.42, Skyworks Solutions Inc (NASDAQ:SWKS) which was up 9.06% to settle at 184.58 and Xerox Corp (NYSE:XRX) which gained 8.27% to close at 22.77.

The worst performers were Macerich Company (NYSE:MAC) which was down 10.76% to 14.01 in late trade, Dupont De Nemours Inc (NYSE:DD) which lost 8.31% to settle at 72.85 and Lumen Technologies Inc (NYSE:LUMN) which was down 3.23% to 11.98 at the close.

The top performers on the NASDAQ Composite were Dynavax Technologies Corporation (NASDAQ:DVAX) which rose 70.68% to 10.77, Ferroglobe PLC (NASDAQ:GSM) which was up 51.98% to settle at 2.6900 and Viela Bio Inc (NASDAQ:VIE) which gained 52.54% to close at 52.90.

The worst performers were Koss Corporation (NASDAQ:KOSS) which was down 42.94% to 36.520 in late trade, Mingzhu Logistics Holdings Ltd (NASDAQ:YGMZ) which lost 35.74% to settle at 22.71 and Concert Pharmaceuticals Inc (NASDAQ:CNCE) which was down 28.94% to 7.44 at the close.

Advancing stocks outnumbered falling ones by 2523 to 609 and 61 ended unchanged; on the Nasdaq Stock Exchange, 2351 rose and 742 declined, while 51 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.58% to 29.92.

In commodities trading, Gold Futures for April delivery was up 0.74% or 13.60 to $1863.90 a troy ounce. Meanwhile, Crude oil for delivery in March rose 2.78% or 1.45 to hit $53.65 a barrel, while the April Brent oil contract rose 2.60% or 1.43 to trade at $56.45 a barrel.

EUR/USD was down 0.60% to 1.2064, while USD/JPY rose 0.26% to 104.95.

The US Dollar Index Futures was up 0.51% at 90.998.

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