U.S. equities ended the trading session higher on Monday, supported by advances in Consumer Goods, Technology and Industrials stocks.
At the New York Stock Exchange close, the Dow Jones Industrial Average rose 0.59% to reach a new all-time high. The S&P 500 increased 1.17%, and the NASDAQ Composite climbed 2.07%.
Notable movers on the Dow
Among Dow components, Caterpillar Inc (NYSE:CAT) led gains, climbing 3.58% - a rise of 35.72 points - to finish at 1,033.19. Cisco Systems Inc (NASDAQ:CSCO) advanced 3.45% or 3.93 points to 117.70, while Amazon.com Inc (NASDAQ:AMZN) rose 3.18% or 7.40 points to close at 240.09.
On the downside within the Dow grouping, Honeywell International Inc (NASDAQ:HON) was the weakest performer, falling 6.45% or 15.70 points to 227.71. Verizon Communications Inc (NYSE:VZ) slipped 5.24% or 2.44 points to end at 44.10, and Unitedhealth Group (NYSE:UNH) lost 1.89% or 8.07 points to close at 419.82.
S&P 500 leaders and laggards
- Top performers on the S&P 500 included Corning Incorporated (NYSE:GLW), up 15.68% to 255.72.
- KLA Corporation (NASDAQ:KLAC) rose 11.97% to settle at 278.39.
- Western Digital Corporation (NASDAQ:WDC) gained 11.15% to close at 651.83.
- Among the S&P 500's weakest names were Super Micro Computer Inc (NASDAQ:SMCI), down 8.10% to 28.15.
- Copart Inc (NASDAQ:CPRT) lost 8.02% to settle at 28.10.
- Celanese Corporation (NYSE:CE) declined 7.06% to finish at 45.93.
Big swings on the NASDAQ Composite
The NASDAQ's session featured extreme percentage moves among smaller-cap issues. Universe Pharmaceuticals Inc (NASDAQ:UPC) jumped 311.49% to 12.18, while TNL Mediagene (NASDAQ:TNMG) rose 106.97% to 1.01 and Sadot Group Inc (NASDAQ:SDOT) gained 67.13% to close at 35.85.
At the same time, several NASDAQ names plunged: Farmmi Inc (NASDAQ:FAMI) fell 77.46% to 0.28, Bluejay Diagnostics Inc (NASDAQ:BJDX) dropped 51.54% to 1.42, and 707 Cayman Holdings Ltd (NASDAQ:JEM) slid 41.94% to 1.08.
Market breadth and index volatility
On the New York Stock Exchange, advancing issues outnumbered decliners 1,442 to 1,306, with 76 stocks unchanged. On the Nasdaq, 1,951 stocks rose, 1,439 declined and 171 finished flat.
The CBOE Volatility Index, which tracks the implied volatility of S&P 500 options, declined 4.13% to 17.65.
Highs and lows noted during the session
- Shares of Corning Incorporated (NYSE:GLW) rose to all-time highs, gaining 15.68% or 34.67 to 255.72.
- KLA Corporation (NASDAQ:KLAC) also reached all-time highs, up 11.97% or 29.75 to 278.39.
- Copart Inc (NASDAQ:CPRT) fell to three-year lows, losing 8.02% or 2.45 to 28.10.
- Universe Pharmaceuticals Inc (NASDAQ:UPC) climbed to 52-week highs, rising 311.49% or 9.22 to 12.18.
- Farmmi Inc (NASDAQ:FAMI) declined to all-time lows, down 77.46% or 0.94 to 0.28.
- Bluejay Diagnostics Inc (NASDAQ:BJDX) fell to all-time lows, losing 51.54% or 1.51 to 1.42.
- 707 Cayman Holdings Ltd (NASDAQ:JEM) touched all-time lows, down 41.94% or 0.78 to 1.08.
Commodities and currencies
In commodities trading, Gold Futures for August delivery declined 1.58% or 64.85 to $4,031.45 a troy ounce. Crude oil for August delivery rose 1.82% or 1.26 to $70.49 a barrel, while the September Brent contract gained 1.49% or 1.08 to trade at $73.68 a barrel.
In currency markets, EUR/USD was unchanged 0.37% at 1.14, and USD/JPY rose 0.11% to 161.94. The US Dollar Index Futures slipped 0.26% to 100.86.
The session left major U.S. indexes higher overall, with broad participation across sectors, but also showcased sharp individual stock moves that highlighted pockets of volatility across both large- and small-cap segments.