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

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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.05%
Credit: © Reuters.

Investing.com – U.S. equities were higher at the close on Friday, as gains in the Utilities , Consumer Services and Telecoms sectors propelled shares higher.

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

The biggest gainers 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. 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.

Biggest losers included Intel Corporation (NASDAQ: INTC ), which lost 2.86% or 1.07 points to trade at 36.34 in late trade. Nike Inc (NYSE: NKE ) declined 1.00% or 1.02 points to end at 101.18 and 3M Company (NYSE: MMM ) shed 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.

Advancing stocks outnumbered falling ones by 2347 to 788 and 123 ended unchanged; on the Nasdaq Stock Exchange, 2268 rose and 1434 declined, while 232 ended unchanged on the New York Stock Exchange.

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

In commodities trading, Gold Futures for August delivery was up 0.05% or 0.85 to $1,808.15 a troy ounce. Meanwhile, Crude oil for delivery in August rose 2.48% or 2.62 to hit $108.38 a barrel, while the September Brent oil contract rose 2.19% or 2.39 to trade at $111.42 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 0.38% at 104.86.

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