U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.55%

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At the close in NYSE, the Dow Jones Industrial Average rose 0.55%, while the S&P 500 index gained 0.75%, and the NASDAQ Composite index climbed 1.13%.

The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 2.74% or 2.97 points to trade at 111.30 at the close. Meanwhile, Cisco Systems Inc (NASDAQ:CSCO) added 1.68% or 0.81 points to end at 48.99 and Boeing Co (NYSE:BA) was up 1.46% or 2.58 points to 179.08 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 0.51% or 1.84 points to trade at 358.08 at the close. American Express Company (NYSE:AXP) declined 0.45% or 0.70 points to end at 154.07 and Dow Inc (NYSE:DOW) was down 0.28% or 0.14 points to 50.56.

The top performers on the S&P 500 were SVB Financial Group (NASDAQ:SIVB) which rose 6.89% to 222.64, NVIDIA Corporation (NASDAQ:NVDA) which was up 6.51% to settle at 171.69 and Ceridian HCM Holding Inc (NYSE:CDAY) which gained 5.05% to close at 65.83.

The worst performers were Lincoln National Corporation (NYSE:LNC) which was down 10.88% to 31.44 in late trade, Avery Dennison Corp (NYSE:AVY) which lost 6.61% to settle at 179.09 and Aptiv PLC (NYSE:APTV) which was down 4.47% to 93.42 at the close.

The top performers on the NASDAQ Composite were Pharvaris BV (NASDAQ:PHVS) which rose 356.57% to 11.46, Rent the Runway Inc (NASDAQ:RENT) which was up 74.26% to settle at 2.37 and Qutoutiao Inc (NASDAQ:QTT) which gained 57.62% to close at 0.84.

The worst performers were Eiger Biopharmaceuticals Inc (NASDAQ:EIGR) which was down 69.53% to 1.17 in late trade, Relmada Therapeutics Inc (NASDAQ:RLMD) which lost 47.84% to settle at 2.17 and Design Therapeutics Inc (NASDAQ:DSGN) which was down 33.33% to 8.46 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1730 to 1343 and 122 ended unchanged; on the Nasdaq Stock Exchange, 2150 rose and 1557 declined, while 193 ended unchanged.

Shares in Lincoln National Corporation (NYSE:LNC) fell to 52-week lows; down 10.88% or 3.84 to 31.44. Shares in Eiger Biopharmaceuticals Inc (NASDAQ:EIGR) fell to 5-year lows; falling 69.53% or 2.67 to 1.17. Shares in Relmada Therapeutics Inc (NASDAQ:RLMD) fell to 5-year lows; down 47.84% or 1.99 to 2.17. Shares in Design Therapeutics Inc (NASDAQ:DSGN) fell to all time lows; down 33.33% or 4.23 to 8.46.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 1.72% to 22.29.

Gold Futures for February delivery was up 0.17% or 3.10 to $1,801.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.44% or 0.32 to hit $71.69 a barrel, while the February Brent oil contract fell 1.13% or 0.87 to trade at $76.30 a barrel.

EUR/USD was up 0.49% to 1.06, while USD/JPY rose 0.01% to 136.62.

The US Dollar Index Futures was down 0.28% at 104.76.