German Cartel Office: Approved Planned Acquisition Of Exact Sciences Corporation By Abbott Laboratories In Preliminary Proceedings

Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Consumer Goods, Technology and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 0.63%, while the S&P 500 index added 0.55%, and the NASDAQ Composite index gained 0.91%.

The best performers of the session on the Dow Jones Industrial Average were 3M Company (NYSE:MMM), which rose 3.04% or 4.74 points to trade at 160.62 at the close. Meanwhile, Salesforce Inc (NYSE:CRM) added 2.94% or 6.51 points to end at 228.09 and Procter & Gamble Company (NYSE:PG) was up 2.65% or 3.87 points to 149.93 in late trade.

The worst performers of the session were Merck & Company Inc (NYSE:MRK), which fell 1.74% or 1.93 points to trade at 109.18 at the close. Sherwin-Williams Co (NYSE:SHW) declined 1.59% or 5.68 points to end at 350.63 and Walmart Inc (NASDAQ:WMT) was down 1.28% or 1.53 points to 117.83.

The top performers on the S&P 500 were Enphase Energy Inc (NASDAQ:ENPH) which rose 12.54% to 40.48, Arista Networks (NYSE:ANET) which was up 8.74% to settle at 138.41 and Northern Trust Corporation (NASDAQ:NTRS) which gained 6.02% to close at 153.12.

The worst performers were Abbott Laboratories (NYSE:ABT) which was down 10.04% to 108.61 in late trade, McCormick & Company Incorporated (NYSE:MKC) which lost 8.05% to settle at 61.20 and GE Aerospace (NYSE:GE) which was down 7.38% to 295.00 at the close.

The top performers on the NASDAQ Composite were Digital Currency X Technology Inc (NASDAQ:DCX) which rose 1,294.57% to 4.98, 60 Degrees Pharmaceuticals Inc (NASDAQ:SXTP) which was up 150.08% to settle at 5.00 and IO Biotech Inc (NASDAQ:IOBT) which gained 128.85% to close at 0.47.

The worst performers were C3is Inc (NASDAQ:CISS) which was down 35.51% to 0.09 in late trade, Mingteng International Corp Inc (NASDAQ:MTEN) which lost 26.44% to settle at 0.02 and eLong Power Holding Ltd (NASDAQ:ELPW) which was down 26.38% to 1.20 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1695 to 1066 and 71 ended unchanged; on the Nasdaq Stock Exchange, 2232 rose and 1145 declined, while 167 ended unchanged.

Shares in Abbott Laboratories (NYSE:ABT) fell to 52-week lows; falling 10.04% or 12.12 to 108.61. Shares in McCormick & Company Incorporated (NYSE:MKC) fell to 52-week lows; losing 8.05% or 5.36 to 61.20. Shares in Northern Trust Corporation (NASDAQ:NTRS) rose to all time highs; gaining 6.02% or 8.70 to 153.12. Shares in C3is Inc (NASDAQ:CISS) fell to all time lows; down 35.51% or 0.05 to 0.09. Shares in Mingteng International Corp Inc (NASDAQ:MTEN) fell to all time lows; falling 26.44% or 0.01 to 0.02.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.40% to 15.65.

Gold Futures for February delivery was up 1.87% or 90.59 to $4,928.09 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.91% or 1.16 to hit $59.46 a barrel, while the March Brent oil contract fell 1.64% or 1.07 to trade at $64.17 a barrel.

EUR/USD was up 0.58% to 1.18, while USD/JPY rose 0.08% to 158.40.

The US Dollar Index Futures was down 0.43% at 98.14.

Thursday’s market has seen swings in various stocks based on news and other factors. Today, stocks like Alibaba (BABA) and Facebook (META) are rallying, while stocks like Abbott Laboratories (ABT) are falling. Below are highlights of some of the biggest stock movers, from mega-caps to small caps.

Mega-Cap Movers ($200 billion+ market cap)

• Facebook (META); China, US sign off on TikTok US spinoff - Semafor: +5.07%
• Alibaba-exch (BABA): +5.76%
• Tesla Motors (TSLA): +3.49%
• Procter Gamble (PG): +3.12%
• Oracle Corp (ORCL): +2.98%
• American Express (AXP): +2.42%
• Wells Fargo (WFC): +3.0%
• General Electric (GE): -5.84%
• Abbott Laboratories (ABT): -10.05%
• Salesforce Com (CRM): +2.39%

Large-Cap Stock Movers ($10-$200 billion market cap)

• Regencell Bioscience Holdings (RGC): +36.47%
• New Providence Acquisition Corp N (ASTS); AST SpaceMobile to launch BlueBird 7 satellite in February: +13.56%
• Coeur dAlene Mines Corp (CDE): +11.98%
• Fortress Value Acquisition Corp (MP): +9.6%
• Arista Networks (ANET): +8.89%
• Hecla Mining Comp (HL): +8.78%
• Datadog Inc (DDOG); Stifel upgrades Datadog stock rating to Buy on expected Q4 beat: +7.46%
• Old Republic International (ORI); Old Republic misses earnings estimates despite revenue growth: -9.95%
• Figure Technology Solutions Ltd (FIGR): -8.75%
• Mccormick & Co (MKC); McCormick appoints two new directors as board veterans set to retire: -8.49%

Mid-Cap Stock Movers ($2-$10 billion market cap)

• Evolution Metals Tech (EMAT): +20.4%
• Inflection Point Acquisition II (USAR); USA Rare Earth selects Fluor, WSP as partners for Texas project: +19.89%
• Plug Power (PLUG): +16.4%
• Mudrick Capital A (HYMC): +16.22%
• Corcept Therapeutics (CORT); Corcept’s relacorilant shows 35% reduction in ovarian cancer deaths: +14.11%
• Enphase Energy Inc (ENPH): +12.57%
• Sunrun Inc (RUN): +9.76%
• CF Acquisition Corp VI (RUMBW): +9.47%
• TECO Energy Inc-Exch (TE): +12.08%
• Inspire Medical Systems Inc (INSP); Oppenheimer downgrades Inspire Medical stock on CMS reimbursement reversal: -11.78%

Small-Cap Stock Movers ($300 million-$2 billion market cap)

• Ambitions Enterprise Management Co (AHMA): +38.39%
• CF Acquisition V (SATL): +27.99%
• Sizzle Acquisition (CRML): +25.61%
• SQL Technologies (SKYX): +24.4%
• HCM II Acquisition (IMSR); Terrestrial Energy signs DOE agreement for IMSR fuel production: +20.3%
• Burning Rock Biotech Ltd (BNR): +19.74%
• Roth CH Acquisition V (NUAI): +19.71%
• Redwire (RDW): +17.79%
• Rich Sparkle Holdings (ANPA): +16.05%
• Quartet Merger C (PANL): +19.19%

For real-time, market-moving news, join Investing Pro.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.