U.S. equities closed higher on Monday, with gains concentrated in the Consumer Goods, Industrials and Consumer Services sectors that helped lift major indices by the end of trading in New York.
At the close on the NYSE, the Dow Jones Industrial Average added 1.38%. The S&P 500 finished up 1.15%, and the NASDAQ Composite advanced 1.38%.
Top and bottom movers on the Dow
Among Dow components, 3M Company (NYSE:MMM) was the session's strongest performer on the index, rising 3.80% - a gain of 5.36 points - to end at 146.56. Sherwin-Williams Co (NYSE:SHW) added 3.43% or 10.42 points, closing at 313.95, while Home Depot Inc (NYSE:HD) gained 3.17% or 10.17 points to finish at 330.92.
The laggards on the Dow included UnitedHealth Group (NYSE:UNH), which fell 2.20% or 6.07 points to close at 269.52. Walt Disney Company (NYSE:DIS) declined 1.57% or 1.56 points to end at 97.95, and Travelers Companies (NYSE:TRV) slipped 0.35% or 1.03 points to 295.57.
S&P 500 movers
On the S&P 500, FMC Corporation (NYSE:FMC) led gains with an 8.71% increase to 14.23. Albemarle Corp (NYSE:ALB) rose 6.93% to settle at 167.56, and Palantir Technologies Inc (NASDAQ:PLTR) gained 6.72% to close at 160.81.
The S&P 500's weakest names included Estee Lauder Companies Inc (NYSE:EL), which fell 7.75% to 79.26. Enphase Energy Inc (NASDAQ:ENPH) lost 7.59% to settle at 40.76, and Fair Isaac Corporation (NYSE:FICO) declined 5.70% to 1,063.33 at the close.
NASDAQ extremes
On the NASDAQ Composite, several names posted very large percentage moves. EUDA Health Holdings Ltd (NASDAQ:EUDA) climbed 1,839.89% to 7.10, Fitness Champs Holdings Ltd (NASDAQ:FCHL) rose 1,352.94% to 2.47, and Urban-Gro Inc (NASDAQ:UGRO) increased 181.61% to 6.14.
Conversely, Hitek Global (NASDAQ:HKIT) dropped 90.75% to 0.11, Linkers Industries Ltd (NASDAQ:LNKS) fell 86.20% to 0.10, and Ambitions Enterprise Management Co LLC (NASDAQ:AHMA) slid 50.06% to 2.27 by the close.
Breadth and lows
Rising stocks outnumbered decliners on the New York Stock Exchange by 2,168 to 589, with 61 issues unchanged. On the Nasdaq Stock Market, 2,402 shares rose, 985 declined and 171 were unchanged.
A number of names hit fresh lows in the session. Shares of Fair Isaac Corporation (NYSE:FICO) fell to 52-week lows, down 5.70% or 64.29 to 1,063.33. Hitek Global (NASDAQ:HKIT), Linkers Industries Ltd (NASDAQ:LNKS) and Ambitions Enterprise Management Co LLC (NASDAQ:AHMA) all fell to all-time lows, with HKIT down 90.75% or 1.08 to 0.11, LNKS down 86.20% or 0.60 to 0.10, and AHMA down 50.06% or 2.28 to 2.27.
Volatility, commodities and currencies
The CBOE Volatility Index, which tracks implied volatility of S&P 500 options, declined 2.35% to 26.15.
In commodities trading, Gold Futures for June delivery were down 3.76% or 173.16 to $4,436.44 a troy ounce. Crude oil for May delivery fell 9.07% or 8.91 to $89.32 a barrel, and the June Brent contract declined 9.15% or 9.74 to $96.67 a barrel.
In currency markets, EUR/USD was reported at 1.16 with a noted move of 0.34%, while USD/JPY fell 0.48% to 158.46. The US Dollar Index Futures were down 0.52% at 98.94.
The session closed with broad participation and a mix of outsized winners and losers across exchanges, while volatility measures and commodity prices showed notable downward movement.