Key Points:
- The U.S. market faced a downturn; the S&P 500 decreased by 1.19%, the Nasdaq 100 declined by 1.10%, and the Dow 30 dropped by 1.38%.
- Tesla, Inc. (TSLA) and Advanced Micro Devices, Inc. (AMD) experienced slight downturns of 3.14% and 3.35%, respectively.
- Rent the Runway, Inc. (RENT), Infobird Co., Ltd (IFBD), Entera Bio Ltd. (ENTX), and Motorsport Games Inc. (MSGM) were among the top performers.
- FutureFuel Corp. (FF), Processa Pharmaceuticals, Inc. (PCSA), SMART Global Holdings, Inc. (SGH), and Ryde Group Ltd. (RYDE) were the worst performers.
The stock market indices in the United States faced a downturn, with the S&P 500, Nasdaq 100, and Dow 30 all experiencing notable declines. At 01:50 PM Eastern Time, the S&P 500 stood at 5147.73, reflecting a decrease of 1.19%, while the Nasdaq 100 declined to 17969.70, marking a decrease of 1.10%. Similarly, the Dow 30 dropped to 38347.57, down by 1.38%.
In technology and innovation, NVIDIA Corporation (NVDA) saw a modest increase of 1.38% to $865.35, while Tesla, Inc. (TSLA) experienced a slight downturn at $171.33, marking a decrease of 3.14%. Advanced Micro Devices, Inc. (AMD) also faced a decline, resting at $165.06, reflecting a decrease of 3.35%. Apple Inc. (AAPL) and Amazon.com, Inc. (AMZN) decreased by 0.92% and 0.15%, respectively. On the other hand, Meta Platforms, Inc. (META) shows resilience with a 0.59% rise.
In the domain of stock gainers, Rent the Runway, Inc. (RENT) surged significantly by 27.44% to $6.92, followed by Infobird Co., Ltd (IFBD), which rose impressively by 30.75 % to $5.40. Entera Bio Ltd. (ENTX) and Motorsport Games Inc. (MSGM) also experienced upticks, climbing by 7.56% and 8.30%, respectively.
Conversely, in the segment of stock losers, FutureFuel Corp. (FF) faced a substantial decline of 30.69%, resting at $5.69. Processa Pharmaceuticals, Inc. (PCSA) followed suit, plummeting 35.40% to $1.88. SMART Global Holdings, Inc. (SGH) and Ryde Group Ltd. (RYDE) also recorded losses, dropping 20.64% and 18.43%, respectively, at $20.57 and $2.24.
Crude Oil Futures saw an increase of 0.70%, settling at $85.83, while Brent Crude Futures rose by 0.77% to $90.11. Henry Hub Natural Gas Futures also experienced a gain of 0.53%, reaching $1.882. Similarly, RBOB Gasoline Futures surged by 0.81%, landing at $2.7778. However, Gold Futures bucked the trend with a slight decrease of 0.30%, trading at $2355.3.
In the currency market, the EUR to USD pair stands at 1.07449, with the Euro experiencing a decline of 1.03% against the US Dollar. Conversely, the USD to JPY pair is at 152.852, showcasing a modest increase of 0.73% for the US Dollar against the Japanese Yen. Meanwhile, the AUD to USD pair sits at 0.65087, marking a decrease of 1.78% for the Australian Dollar against the US Dollar. Regarding currency indices, the US Dollar index (DXY) is at 105.157, showing a notable gain of 1.01%, while the Euro index (EXY) stands at 107.44, reflecting a decrease of 1.05%. Similarly, the Japanese Yen index (JXY) is at 65.43, with a marginal decline of 0.70%.
