U.S. stocks higher at close of trade; Dow Jones Industrial Average up 2.83%

Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Oil&Gas, Financials and Basic Materials sectors led shares higher.

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At the close in NYSE, the Dow Jones Industrial Average rose 2.83%, while the S&P 500 index climbed 2.60%, and the NASDAQ Composite index climbed 2.23%.

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The best performers of the session on the Dow Jones Industrial Average were JPMorgan Chase&Co (NYSE:JPM), which rose 5.49% or 5.69 points to trade at 109.30 at the close. Meanwhile, Walgreens Boots Alliance Inc (NASDAQ:WBA) added 5.35% or 1.71 points to end at 33.65 and 3M Company (NYSE:MMM) was up 4.84% or 5.27 points to 114.22 in late trade.

The worst performers of the session were Home Depot Inc (NYSE:HD), which rose 0.81% or 2.27 points to trade at 282.79 at the close. Walmart Inc (NYSE:WMT) added 0.83% or 1.09 points to end at 132.26 and Nike Inc (NYSE:NKE) was up 1.20% or 1.06 points to 89.57.

The top performers on the S&P 500 were Domino’s Pizza Inc (NYSE:DPZ) which rose 10.48% to 333.38, Warner Bros Discovery Inc (NASDAQ:WBD) which was up 7.20% to settle at 12.50 and KeyCorp (NYSE:KEY) which gained 7.09% to close at 16.70.

The worst performers were Etsy Inc (NASDAQ:ETSY) which was down 9.27% to 96.32 in late trade, Match Group Inc (NASDAQ:MTCH) which lost 4.98% to settle at 44.43 and Carnival Corporation (NYSE:CCL) which was down 3.01% to 7.09 at the close.

The top performers on the NASDAQ Composite were Nutex Health Inc (NASDAQ:NUTX) which rose 72.40% to 0.96, Fednat Holding Co (NASDAQ:FNHC) which was up 56.48% to settle at 0.35 and Digital Brands Group Inc (NASDAQ:DBGI) which gained 44.93% to close at 0.11.

The worst performers were Relmada Therapeutics Inc (NASDAQ:RLMD) which was down 79.57% to 6.47 in late trade, Otonomy Inc (NASDAQ:OTIC) which lost 53.46% to settle at 0.12 and mCloud Technologies Corp (NASDAQ:MCLD) which was down 36.77% to 1.41 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2286 to 862 and 103 ended unchanged; on the Nasdaq Stock Exchange, 2636 rose and 1172 declined, while 173 ended unchanged.

Shares in Match Group Inc (NASDAQ:MTCH) fell to 3-years lows; falling 4.98% or 2.33 to 44.43. Shares in Relmada Therapeutics Inc (NASDAQ:RLMD) fell to 3-years lows; losing 79.57% or 25.22 to 6.47. Shares in Otonomy Inc (NASDAQ:OTIC) fell to all time lows; losing 53.46% or 0.14 to 0.12.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 4.86% to 31.94.

Gold Futures for December delivery was down 0.31% or 5.15 to $1,672.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.25% or 1.96 to hit $89.23 a barrel, while the December Brent oil contract rose 2.44% or 2.26 to trade at $94.71 a barrel.

EUR/USD was up 0.75% to 0.98, while USD/JPY rose 0.25% to 147.27.

The US Dollar Index Futures was down 0.75% at 112.37.

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