U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.28%

Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Utilities, Consumer Services and Telecoms sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average rose 0.28% to hit a new all time high, while the S&P 500 index gained 0.57%, and the NASDAQ Composite index added 0.62%.

The best performers of the session on the Dow Jones Industrial Average were Amazon.com Inc (NASDAQ:AMZN), which rose 3.18% or 6.41 points to trade at 207.86 at the close. Meanwhile, Microsoft Corporation (NASDAQ:MSFT) added 2.20% or 9.20 points to end at 427.99 and 3M Company (NYSE:MMM) was up 2.02% or 2.63 points to 132.95 in late trade.

The worst performers of the session were Amgen Inc (NASDAQ:AMGN), which fell 4.76% or 13.99 points to trade at 280.01 at the close. Nike Inc (NYSE:NKE) declined 2.09% or 1.66 points to end at 77.61 and Boeing Co (NYSE:BA) was down 1.53% or 2.34 points to 150.76.

The top performers on the S&P 500 were NRG Energy Inc (NYSE:NRG) which rose 10.11% to 101.16, Constellation Energy Corp (NASDAQ:CEG) which was up 7.15% to settle at 266.73 and JM Smucker Company (NYSE:SJM) which gained 5.73% to close at 120.13.

The worst performers were Super Micro Computer Inc (NASDAQ:SMCI) which was down 10.40% to 34.42 in late trade, General Motors Company (NYSE:GM) which lost 8.99% to settle at 54.79 and Align Technology Inc (NASDAQ:ALGN) which was down 5.23% to 227.93 at the close.

The top performers on the NASDAQ Composite were Psyence Biomedical Ltd (NASDAQ:PBM) which rose 6,872.86% to 3.34, Global Mofy Metaverse Ltd (NASDAQ:GMM) which was up 1,467.69% to settle at 3.59 and Primega Group Holdings Ltd (NASDAQ:PGHL) which gained 918.60% to close at 107.36.

The worst performers were Alector Inc (NASDAQ:ALEC) which was down 35.10% to 2.57 in late trade, Above Food Ingredients Inc (NASDAQ:ABVE) which lost 34.28% to settle at 0.54 and Lucas GC Ltd (NASDAQ:LGCL) which was down 32.65% to 0.76 at the close.

Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1765 to 1041 and 91 ended unchanged; on the Nasdaq Stock Exchange, 1959 fell and 1334 advanced, while 124 ended unchanged.

Shares in NRG Energy Inc (NYSE:NRG) rose to all time highs; rising 10.11% or 9.29 to 101.16. Shares in Alector Inc (NASDAQ:ALEC) fell to all time lows; down 35.10% or 1.39 to 2.57. Shares in Primega Group Holdings Ltd (NASDAQ:PGHL) rose to all time highs; rising 918.60% or 96.82 to 107.36.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.42% to 14.10.

Gold Futures for February delivery was up 0.60% or 15.84 to $2,658.44 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.36% or 0.25 to hit $68.69 a barrel, while the February Brent oil contract fell 0.39% or 0.28 to trade at $72.20 a barrel.

EUR/USD was unchanged 0.04% to 1.05, while USD/JPY fell 0.76% to 153.04.

The US Dollar Index Futures was up 0.07% at 106.84.