U.S. shares higher at close of trade; Dow Jones Industrial Average up 2.13%

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U.S. shares higher at close of trade; Dow Jones Industrial Average up 2.13%

Investing.com – U.S. equities were higher at the close on Friday, as gains in the Basic Materials, Industrials and Technology sectors propelled shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 2.13%, while the S&P 500 index climbed 2.28%, and the NASDAQ Composite index gained 2.56%.

The biggest gainers of the session on the Dow Jones Industrial Average were Intel Corporation (NASDAQ:INTC), which rose 4.25% or 1.17 points to trade at 28.73 at the close. Walgreens Boots Alliance Inc (NASDAQ:WBA) added 4.04% or 1.42 points to end at 36.61 and Dow Inc (NYSE:DOW) was up 3.99% or 2.11 points to 55.02 in late trade.

Biggest losers included UnitedHealth Group Incorporated (NYSE:UNH), which added 0.01% or 0.04 points to trade at 490.00 in late trade. Home Depot Inc (NYSE:HD) added 0.65% or 2.06 points to end at 317.53 and Chevron Corp (NYSE:CVX) gained 0.75% or 1.32 points to 176.56.

The top performers on the S&P 500 were Costco Wholesale Corp (NASDAQ:COST) which rose 7.26% to 482.87, Old Dominion Freight Line Inc (NASDAQ:ODFL) which was up 6.89% to settle at 300.88 and IDEXX Laboratories Inc (NASDAQ:IDXX) which gained 6.82% to close at 447.77.

The worst performers were Baxter International Inc (NYSE:BAX) which was down 7.84% to 48.45 in late trade, Waters Corporation (NYSE:WAT) which lost 7.15% to settle at 322.21 and Thermo Fisher Scientific Inc (NYSE:TMO) which was down 3.94% to 535.00 at the close.

The top performers on the NASDAQ Composite were Swvl Holdings Corp (NASDAQ:SWVL) which rose 115.36% to 0.30, Medavail Holdings Inc (NASDAQ:MDVL) which was up 80.19% to settle at 0.56 and Golden Sun Education Group Ltd (NASDAQ:GSUN) which gained 77.78% to close at 2.24.

The worst performers were Fate Therapeutics Inc (NASDAQ:FATE) which was down 61.45% to 4.24 in late trade, Nabriva Therapeutics AG (NASDAQ:NBRV) which lost 44.84% to settle at 1.30 and Graphite Bio Inc (NASDAQ:GRPH) which was down 39.54% to 1.85 at the close.

Advancing stocks outnumbered falling ones by 2666 to 452 and 84 ended unchanged; on the Nasdaq Stock Exchange, 2688 rose and 1087 declined, while 191 ended unchanged on the New York Stock Exchange.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 5.92% to 21.13.

In commodities trading, Gold Futures for February delivery was up 1.66% or 30.50 to $1,871.10 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.14% or 0.10 to hit $73.77 a barrel, while the March Brent oil contract fell 0.13% or 0.10 to trade at $78.59 a barrel.

EUR/USD was up 1.18% to 1.06, while USD/JPY fell 0.99% to 132.09.

The US Dollar Index Futures was down 1.12% at 103.65.