U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.51%

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At the close in NYSE, the Dow Jones Industrial Average gained 1.51%, while the S&P 500 index climbed 1.47%, and the NASDAQ Composite index climbed 1.11%.

The best performers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE:DIS), which rose 4.81% or 4.87 points to trade at 106.06 at the close. Meanwhile, 3M Company (NYSE:MMM) added 4.52% or 6.65 points to end at 153.65 and JPMorgan Chase & Co (NYSE:JPM) was up 4.31% or 3.91 points to 94.62 in late trade.

The worst performers of the session were Procter & Gamble Company (NYSE:PG), which fell 1.12% or 1.33 points to trade at 117.45 at the close. Walmart Inc (NYSE:WMT) declined 0.88% or 1.14 points to end at 128.30 and Johnson & Johnson (NYSE:JNJ) was down 0.37% or 0.57 points to 154.29.

The top performers on the S&P 500 were Kohls Corp (NYSE:KSS) which rose 17.72% to 18.60, PVH Corp (NYSE:PVH) which was up 15.18% to settle at 47.64 and Arconic Inc (NYSE:ARNC) which gained 13.81% to close at 9.15.

The worst performers were Coty Inc (NYSE:COTY) which was down 13.24% to 5.44 in late trade, TechnipFMC PLC (NYSE:FTI) which lost 4.24% to settle at 7.68 and Regeneron Pharmaceuticals Inc (NASDAQ:REGN) which was down 3.30% to 547.52 at the close.

The top performers on the NASDAQ Composite were Naked Brand Group Ltd (NASDAQ:NAKD) which rose 60.76% to 0.780, Yield10 Bioscience Inc (NASDAQ:YTEN) which was up 53.59% to settle at 7.91 and Destination XL Group Inc (NASDAQ:DXLG) which gained 46.63% to close at 0.414.

The worst performers were Verastem Inc (NASDAQ:VSTM) which was down 49.03% to 2.105 in late trade, Emmis Communications Corp (NASDAQ:EMMS) which lost 26.37% to settle at 1.34 and Mesoblast Ltd (NASDAQ:MESO) which was down 24.98% to 11.59 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2260 to 641 and 45 ended unchanged; on the Nasdaq Stock Exchange, 2116 rose and 536 declined, while 68 ended unchanged.

Shares in Emmis Communications Corp (NASDAQ:EMMS) fell to 3-years lows; losing 26.37% or 0.48 to 1.34.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.35% to 33.29 a new 1-month low.

Gold Futures for June delivery was down 0.66% or 11.40 to $1724.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 23.79% or 4.03 to hit $12.91 a barrel, while the July Brent oil contract unchanged 0.00% or 0.00 to trade at $23.02 a barrel.

EUR/USD was up 0.01% to 1.0830, while USD/JPY rose 0.02% to 107.25.

The US Dollar Index Futures was down 0.33% at 100.105.