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US stocks are higher in late trade; Dow Jones Industrial Average up 1.11% By Investing.com

© Reuters US stocks higher at close of trade; Dow Jones Industrial Average up 1.11%

Investing.com – US equities were higher at the close on Monday, as gains in the , , , and sectors propelled shares higher.

At the close on the NYSE, it gained 1.11% compared to a gain of 1.14% and the index gained 1.48%.

The best performers of the session were Microsoft Corporation (NASDAQ: ), which rose 3.12% or 8.22 points to trade at 271.32 at the close. Meanwhile, Intel Corporation (NASDAQ: ) added 2.70% or 0.75 points to end at 28.55 and Salesforce Inc (NYSE: ) was up 2.42% or 4.05 points to 171.08 in late trade.

The worst performers of the session were Chevron Corporation (NYSE: ), which fell 0.56% or 0.96 points to trade at 171.01 at the close. The Walt Disney Company (NYSE: ) declined 0.37% or 0.40 points to end at 107.66 and Caterpillar Inc (NYSE: ) was up 0.19% or 0.48 points to 248.15 at the close.

The best performers on the S&P 500 were Illumina Inc (NASDAQ: ), which rose 9.85% to 215.94, Warner Bros Discovery Inc (NASDAQ: ), which was up 4.99% to 14.93 and Generac Holdings Inc (NYSE: ). Up 4.80% to close at 122.26.

The worst performers were Fantex Information Technology (NYSE: ) which was down 12.50% to 66.00 in late trade; CF Industries (NYSE: ) which lost 4.02% to settle at 86.85; and Corteva Inc (NYSE:) which was down 3.09% , with a closing price of 62.48.

The top performers on the Nasdaq Composite were Vallon Pharmaceuticals Inc (NASDAQ: ), which rose 90.27% to end at 0.88; China Jiuzhou Pharmacy (NASDAQ: ), which was up 43.43% at the close at 7.10; Contextlogic Inc (NASDAQ: ) rose 37.34% to trade at 0.88 at the close.

The worst performers were Frequency Therapeutics Inc (NASDAQ: ) which was down 80.54% to 0.76 in late trade; Sorrento Therapeutics Inc (NASDAQ: ) which lost 72.64% to settle at 0.26; and G1 Therapeutics Inc (NASDAQ: ) which was down 53. %, the closing price was 3.34.

2,227 stocks rose on the New York Stock Exchange, surpassing the number of stocks that closed – 805. At the same time, 87 stocks did not rise or fall, basically flat; 2,228 stocks rose on the Nasdaq Stock Exchange, and 1,444 stocks declined. 206 individual stocks were essentially unchanged.

Frequency Therapeutics Inc ( NASDAQ : ) shares fell to record lows; 80.54% or 3.17 fell to 0.76. Shares of Sorrento Therapeutics Inc (NASDAQ: ) fell to all-time lows; reducing by 72.64% or 0.68 to 0.26. G1 Therapeutics Inc ( NASDAQ : ) shares fell to record lows; decreasing by 53.16% or 3.79 to 3.34.

A measure of implied volatility for S&P 500 options fell 0.93% to 20.34.

The April gold futures contract fell 0.52%, or 9.70 points, to $1,864.80. For the rest of the futures, the WTI crude oil futures contract for delivery in March fell 0.63% (0.50 points) to $79.22, while the April London Brent crude oil futures contract fell 0.56% (0.48) to trade at $85.91.

EUR / USD neither increased nor decreased by 0.44%, and the exchange rate was 1.07; at the same time, USD/JPY rose 0.76%, quoting 132.40.

US dollar index futures were down 0.33% at 103.20.