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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.16%

by December 23, 2024
written by December 23, 2024

Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Technology, Healthcare and Oil & Gas sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.16%, while the S&P 500 index gained 0.73%, and the NASDAQ Composite index added 0.95%.

The best performers of the session on the Dow Jones Industrial Average were NVIDIA Corporation (NASDAQ:NVDA), which rose 3.66% or 4.93 points to trade at 139.63 at the close. Meanwhile, Merck & Company Inc (NYSE:MRK) added 1.35% or 1.32 points to end at 99.37 and Unitedhealth Group (NYSE:UNH) was up 1.24% or 6.21 points to 506.34 in late trade.

The worst performers of the session were Walmart Inc (NYSE:WMT), which fell 2.04% or 1.88 points to trade at 90.36 at the close. International Business Machines (NYSE:IBM) declined 0.64% or 1.43 points to end at 221.93 and Walt Disney Company (NYSE:DIS) was down 0.56% or 0.63 points to 111.40.

The top performers on the S&P 500 were Broadcom Inc (NASDAQ:AVGO) which rose 5.52% to 232.35, Advanced Micro Devices Inc (NASDAQ:AMD) which was up 4.55% to settle at 124.63 and Microchip Technology Inc (NASDAQ:MCHP) which gained 4.28% to close at 57.89.

The worst performers were Carnival Corporation (NYSE:CCL) which was down 3.99% to 25.73 in late trade, Paramount Global Class B (NASDAQ:PARA) which lost 2.91% to settle at 10.35 and Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) which was down 2.90% to 26.13 at the close.

The top performers on the NASDAQ Composite were iCoreConnect Inc (NASDAQ:ICCT) which rose 2,252.10% to 2.80, Direct Digital Holdings Inc (NASDAQ:DRCT) which was up 900.00% to settle at 5.50 and Sol Gel Technologies Ltd (NASDAQ:SLGL) which gained 284.62% to close at 1.65.

The worst performers were iLearningEngines Inc (NASDAQ:AILE) which was down 78.53% to 0.19 in late trade, MGO Global Inc (NASDAQ:MGOL) which lost 50.53% to settle at 0.47 and LQR House Inc (NASDAQ:YHC) which was down 36.57% to 1.11 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1408 to 1393 and 76 ended unchanged; on the Nasdaq Stock Exchange, 1826 fell and 1476 advanced, while 122 ended unchanged.

Shares in iLearningEngines Inc (NASDAQ:AILE) fell to all time lows; losing 78.53% or 0.69 to 0.19. Shares in MGO Global Inc (NASDAQ:MGOL) fell to all time lows; falling 50.53% or 0.48 to 0.47. Shares in Sol Gel Technologies Ltd (NASDAQ:SLGL) rose to 52-week highs; rising 284.62% or 1.22 to 1.65.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 8.61% to 16.78.

Gold Futures for February delivery was down 0.61% or 16.16 to $2,628.94 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.19% or 0.13 to hit $69.59 a barrel, while the March Brent oil contract rose 0.18% or 0.13 to trade at $72.69 a barrel.

EUR/USD was unchanged 0.20% to 1.04, while USD/JPY rose 0.46% to 157.13.

The US Dollar Index Futures was up 0.44% at 107.82.

This post appeared first on investing.com
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