At the close of the New York Stock Exchange, the Dow Jones rose 1.37% to hit a monthly high, the S&P 500 rose 2.62% and the NASDAQ Composite rose 4.06%.

Shares of Microsoft Corporation led the way among the components of the Dow Jones index in today's trading, which gained 16.84 points (6.69%) to close at 268.74. Salesforce.com Inc rose 9.84 points or 5.77% to close at 180.30. Walmart Inc rose 4.61 points or 3.78% to close at 126.59.

The biggest losers were 3M Company, which shed 1.89 points or 1.34% to end the session at 138.86. The Travelers Companies Inc was up 1.90 points or 1.18% to close at 158.96, while Visa Inc Class A was down 2.02 points or 0.95% to close at mark 210.47.

Leading gainers among the components of the S&P 500 in today's trading were Enphase Energy Inc, which rose 17.89% to hit 254.77, Chipotle Mexican Grill Inc, which gained 14.70% to close at 1.00. as well as PayPal Holdings Inc, which rose 12.18% to end the session at 86.42.

The biggest losers were Sherwin-Williams Co, which shed 8.78% to close at 231.97. Shares of Garmin Ltd lost 8.72% to end the session at 93.56. Quotes of Teledyne Technologies Incorporated decreased in price by 7.01% to 372.01.

Leading gainers among the components of the NASDAQ Composite in today's trading were Blue Water Vaccines Inc, which rose 53.17% to 3.14, Cryptyde Inc, which gained 43.70% to close at 1.27, and also shares of QualTek Services Inc, which rose 37.78% to end the session at 1.35.

The biggest losers were ObsEva SA, which shed 75.40% to close at 0.40. Kalera PLC lost 20.77% to end the session at 2.48. Quotes Burcon NutraScience Corp fell in price by 18.06% to 0.59.

On the New York Stock Exchange, the number of securities that rose in price (2573) exceeded the number of those that closed in the red (519), while quotations of 108 shares remained virtually unchanged. On the NASDAQ stock exchange, 2,854 companies rose in price, 916 fell, and 174 remained at the level of the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, fell 5.87% to 23.24.

Gold futures for August delivery added 0.86%, or 14.70, to $1.00 a troy ounce. In other commodities, WTI crude for September delivery rose 3.35%, or 3.18, to $98.16 a barrel. Brent oil futures for October delivery rose 3.00%, or 2.98, to $102.44 a barrel.

Meanwhile, in the Forex market, EUR/USD rose 0.84% to hit 1.02, while USD/JPY shed 0.30% to hit 136.51.

Futures on the USD index fell 0.68% to 106.31.