U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.00%

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

At the close in NYSE, the Dow Jones Industrial Average rose 1.00%, while the S&P 500 index added 1.89%, and the NASDAQ Composite index gained 2.66%.

The best performers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE:DIS), which rose 4.44% or 4.40 points to trade at 103.48 at the close. Meanwhile, Microsoft Corporation (NASDAQ:MSFT) added 3.57% or 8.29 points to end at 240.22 and Salesforce Inc (NYSE:CRM) was up 3.31% or 4.84 points to 151.25 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 2.54% or 8.91 points to trade at 341.84 at the close. Johnson&Johnson (NYSE:JNJ) declined 0.50% or 0.84 points to end at 168.69 and Boeing Co (NYSE:BA) was down 0.16% or 0.33 points to 206.76.

The top performers on the S&P 500 were SVB Financial Group (NASDAQ:SIVB) which rose 16.56% to 291.44, Synchrony Financial (NYSE:SYF) which was up 8.62% to settle at 35.39 and Netflix Inc (NASDAQ:NFLX) which gained 8.46% to close at 342.50.

The worst performers were Goldman Sachs Group Inc (NYSE:GS) which was down 2.54% to 341.84 in late trade, Everest Re Group Ltd (NYSE:RE) which lost 1.73% to settle at 338.52 and Williams Companies Inc (NYSE:WMB) which was down 1.50% to 31.45 at the close.

The top performers on the NASDAQ Composite were Lytus Technologies Holdings Ptv Ltd (NASDAQ:LYT) which rose 83.07% to 1.30, Cosmos Holdings Inc (NASDAQ:COSM) which was up 72.49% to settle at 5.33 and Helbiz Inc (NASDAQ:HLBZ) which gained 65.48% to close at 0.20.

The worst performers were Cidara Therapeutics Inc (NASDAQ:CDTX) which was down 39.28% to 0.78 in late trade, SAITECH Global Corp (NASDAQ:SAI) which lost 31.41% to settle at 1.07 and Windtree Therapeutics Inc (NASDAQ:WINT) which was down 24.72% to 0.16 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2413 to 645 and 99 ended unchanged; on the Nasdaq Stock Exchange, 2738 rose and 958 declined, while 153 ended unchanged.

Shares in SAITECH Global Corp (NASDAQ:SAI) fell to all time lows; down 31.41% or 0.49 to 1.07.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.27% to 19.85.

Gold Futures for February delivery was up 0.25% or 4.85 to $1,928.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.53% or 1.23 to hit $81.84 a barrel, while the March Brent oil contract rose 1.83% or 1.58 to trade at $87.74 a barrel.

EUR/USD was unchanged 0.29% to 1.09, while USD/JPY rose 0.89% to 129.57.

The US Dollar Index Futures was down 0.09% at 101.74.