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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.05%

Investing.com logo Investing.com 7/1/2022 Investing.com
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Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Utilities, Consumer Services and Telecoms sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.05%, while the S&P 500 index gained 1.06%, and the NASDAQ Composite index added 0.90%.

The best performers of the session on the Dow Jones Industrial Average were McDonald’s Corporation (NYSE:MCD), which rose 2.46% or 6.08 points to trade at 252.96 at the close. Meanwhile, Coca-Cola Co (NYSE:KO) added 2.34% or 1.47 points to end at 64.38 and Boeing Co (NYSE:BA) was up 2.28% or 3.12 points to 139.84 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 2.86% or 1.07 points to trade at 36.34 at the close. Nike Inc (NYSE:NKE) declined 1.00% or 1.02 points to end at 101.18 and 3M Company (NYSE:MMM) was down 0.71% or 0.92 points to 128.49.

The top performers on the S&P 500 were Etsy Inc (NASDAQ:ETSY) which rose 9.02% to 79.81, PulteGroup Inc (NYSE:PHM) which was up 6.54% to settle at 42.22 and Warner Bros Discovery Inc (NASDAQ:WBD) which gained 6.18% to close at 14.25.

The worst performers were Lam Research Corp (NASDAQ:LRCX) which was down 7.35% to 394.83 in late trade, KLA-Tencor Corporation (NASDAQ:KLAC) which lost 7.15% to settle at 296.26 and Applied Materials Inc (NASDAQ:AMAT) which was down 5.18% to 86.27 at the close.

The top performers on the NASDAQ Composite were Omeros Corporation (NASDAQ:OMER) which rose 68.73% to 4.64, Clovis Oncology Inc (NASDAQ:CLVS) which was up 58.33% to settle at 2.85 and Fast Radius Inc (NASDAQ:FSRD) which gained 41.15% to close at 0.89.

The worst performers were Talaris Therapeutics Inc (NASDAQ:TALS) which was down 49.00% to 2.30 in late trade, Agile Thrpe (NASDAQ:AGRX) which lost 45.03% to settle at 0.64 and Ensysce Biosciences Inc (NASDAQ:ENSC) which was down 34.48% to 0.57 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2315 to 770 and 100 ended unchanged; on the Nasdaq Stock Exchange, 2277 rose and 1438 declined, while 200 ended unchanged.

Shares in Lam Research Corp (NASDAQ:LRCX) fell to 52-week lows; losing 7.35% or 31.32 to 394.83. Shares in Applied Materials Inc (NASDAQ:AMAT) fell to 52-week lows; falling 5.18% or 4.71 to 86.27. Shares in Intel Corporation (NASDAQ:INTC) fell to 3-years lows; losing 2.86% or 1.07 to 36.34. Shares in Nike Inc (NYSE:NKE) fell to 52-week lows; down 1.00% or 1.02 to 101.18. Shares in 3M Company (NYSE:MMM) fell to 52-week lows; losing 0.71% or 0.92 to 128.49. Shares in Talaris Therapeutics Inc (NASDAQ:TALS) fell to all time lows; losing 49.00% or 2.21 to 2.30. Shares in Agile Thrpe (NASDAQ:AGRX) fell to all time lows; down 45.03% or 0.52 to 0.64.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.00% to 26.70.

Gold Futures for August delivery was up 0.05% or 0.95 to $1,808.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.49% or 2.63 to hit $108.39 a barrel, while the September Brent oil contract rose 2.20% or 2.40 to trade at $111.43 a barrel.

EUR/USD was down 0.48% to 1.04, while USD/JPY fell 0.34% to 135.27.

The US Dollar Index Futures was up 0.39% at 104.87.

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