U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.58%

Investing.com – U.S. equities were higher at the close on Monday, as gains in the Telecoms , Technology and Financials sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 1.58%, while the S&P 500 index gained 1.18%, and the NASDAQ Composite index added 1.15%.

The biggest gainers of the session on the Dow Jones Industrial Average were Cisco Systems Inc (NASDAQ: CSCO ), which rose 3.09% or 1.36 points to trade at 45.36 at the close. 3M Company (NYSE: MMM ) added 3.00% or 7.12 points to end at 244.14 and Intel Corporation (NASDAQ: INTC ) was up 2.89% or 1.38 points to 49.11 in late trade.

Biggest losers included Coca-Cola Company (NYSE: KO ), which lost 0.02% or 0.01 points to trade at 44.03 in late trade. Home Depot Inc (NYSE: HD ) added 0.06% or 0.11 points to end at 188.46 and Wal-Mart Stores Inc (NYSE: WMT ) gained 0.25% or 0.23 points to 93.12.

The top performers on the S&P 500 were HP Inc (NYSE: HPQ ) which rose 6.01% to 23.46, Qualcomm Incorporated (NASDAQ: QCOM ) which was up 5.78% to settle at 66.98 and Discovery Communications Inc (NASDAQ: DISCA ) which gained 4.83% to close at 25.17.

The worst performers were Albemarle Corporation (NYSE: ALB ) which was down 7.28% to 110.10 in late trade, Citizens Financial Group Inc (NYSE: CFG ) which lost 4.07% to settle at 44.54 and Ulta Beauty Inc (NASDAQ: ULTA ) which was down 3.95% to 198.93 at the close.

The top performers on the NASDAQ Composite were Zosano Pharma Corp (NASDAQ: ZSAN ) which rose 71.05% to 7.680, Tetraphase Pharmaceuticals Inc (NASDAQ: TTPH ) which was up 30.45% to settle at 2.870 and NXT-ID Inc (NASDAQ: NXTD ) which gained 24.77% to close at 2.7200.

The worst performers were ARCA Biopharma Inc (NASDAQ: ABIO ) which was down 71.88% to 0.450 in late trade, Aytu BioScience Inc (NASDAQ: AYTU ) which lost 23.59% to settle at 0.6800 and IRIDEX Corporation (NASDAQ: IRIX ) which was down 15.85% to 6.16 at the close.

Advancing stocks outnumbered falling ones by 2038 to 1054 and 117 ended unchanged; on the Nasdaq Stock Exchange, 1600 rose and 919 declined, while 134 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index , which measures the implied volatility of S&P 500 options, was down 3.82% to 15.86.

In commodities trading, Gold Futures for April delivery was up 0.35% or 4.60 to $1334.90 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.76% or 0.48 to hit $64.03 a barrel, while the May Brent oil contract rose 0.52% or 0.35 to trade at $67.39 a barrel.

EUR/USD was up 0.11% to 1.2317, while USD/JPY rose 0.14% to 106.94.

The US Dollar Index Futures was down 0.06% at 89.76.