U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.83%
U.S. stocks closed higher on Friday as gains in Healthcare, Consumer Services, and Basic Materials sectors helped drive share prices upward. The Dow Jones Industrial Average increased by 0.83%, the S&P 500 index rose by 0.59%, and the NASDAQ Composite index gained 0.64%. Among the top gainers in the Dow were Amazon.com Inc, which increased 3.29% to reach 262.43, Cisco Systems Inc, up 3.03% to 118.37, and Visa Inc, which saw a 2.76% rise to 385.45.
Conversely, Verizon Communications Inc experienced the largest decline, falling 8.75% to 41.65. On the S&P 500, the best performers were Crown Castle International Corp, Moderna Inc, and Humana Inc, all with impressive gains. Meanwhile, the worst performers on the index were T-Mobile US Inc, AT&T Inc, and Verizon Communications Inc. The top performers on the NASDAQ Composite were WF Holding Ltd, Jianzhi Century Technology Group Co Ltd ADR, and Zhengye Biotechnology Holding Ltd. The worst performers were Nvni Group Ltd, China SXT Pharmaceuticals Inc, and DarkIris Inc. The CBOE Volatility Index decreased by 3.70% to 14.84, while Gold Futures for December delivery rose by 0.12% to $4,221.32.
Crude oil for November delivery fell by 0.23% to $91.64 a barrel, and the December Brent oil contract dropped by 0.32% to $104.39 a barrel. EUR/USD remained unchanged at 1.12, and USD/JPY increased by 0.24% to 158.26. The US Dollar Index Futures also stayed flat at 102.02.
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