U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.43%

Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Industrials, Basic Materials and Consumer Services sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.43% to hit a new 52-week high, while the S&P 500 index gained 0.39%, and the NASDAQ Composite index climbed 0.20%.

The best performers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 4.31% or 1.84 points to trade at 44.54 at the close. Meanwhile, Honeywell International Inc (NASDAQ:HON) added 2.97% or 5.78 points to end at 200.39 and Nike Inc (NYSE:NKE) was up 2.34% or 2.71 points to 118.62 in late trade.

The worst performers of the session were Verizon Communications Inc (NYSE:VZ), which fell 1.50% or 0.57 points to trade at 37.67 at the close. Apple Inc (NASDAQ:AAPL) declined 1.29% or 2.53 points to end at 193.18 and UnitedHealth Group Incorporated (NYSE:UNH) was down 1.11% or 6.12 points to 543.65.

The top performers on the S&P 500 were Cigna Corp (NYSE:CI) which rose 16.68% to 301.96, Broadcom Inc (NASDAQ:AVGO) which was up 9.00% to settle at 1,029.24 and Etsy Inc (NASDAQ:ETSY) which gained 5.76% to close at 84.69.

The worst performers were Paramount Global Class B (NASDAQ:PARA) which was down 3.62% to 16.24 in late trade, Carnival Corporation (NYSE:CCL) which lost 2.71% to settle at 17.62 and Eli Lilly and Company (NYSE:LLY) which was down 2.31% to 584.25 at the close.

The top performers on the NASDAQ Composite were JetAI Inc (NASDAQ:JTAI) which rose 81.93% to 3.02, Nextplay Technologies Inc (NASDAQ:NXTP) which was up 71.44% to settle at 0.72 and Pasithea Therapeutics Corp (NASDAQ:KTTA) which gained 47.42% to close at 0.44.

The worst performers were Altamira Therapeutics Ltd (NASDAQ:CYTO) which was down 53.79% to 0.19 in late trade, Cogent Biosciences Inc (NASDAQ:COGT) which lost 53.01% to settle at 4.06 and African Agriculture Holdings Inc (NASDAQ:AAGR) which was down 52.17% to 1.10 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1452 to 1447 and 72 ended unchanged; on the Nasdaq Stock Exchange, 2057 fell and 1414 advanced, while 118 ended unchanged.

Shares in Broadcom Inc (NASDAQ:AVGO) rose to all time highs; up 9.00% or 84.94 to 1,029.24. Shares in Cogent Biosciences Inc (NASDAQ:COGT) fell to 52-week lows; losing 53.01% or 4.58 to 4.06. Shares in African Agriculture Holdings Inc (NASDAQ:AAGR) fell to all time lows; falling 52.17% or 1.20 to 1.10.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 2.27% to 12.63.

Gold Futures for February delivery was down 0.86% or 17.40 to $1,997.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.27% or 0.19 to hit $71.42 a barrel, while the February Brent oil contract rose 0.33% or 0.25 to trade at $76.09 a barrel.

EUR/USD was unchanged 0.03% to 1.08, while USD/JPY rose 0.82% to 146.13.

The US Dollar Index Futures was up 0.05% at 103.69.