Key Points:
- The U.S. stock market saw positive momentum. the S&P 500 index increase by 0.57%, the Nasdaq 100 rose of 0.95%, and the Dow 30 gain by 0.25%.
- Tesla, Inc. (TSLA) surged by 4.16%, and Meta Platforms, Inc. (META) climbed 3.78% to $525.92, while Advanced Micro Devices, Inc. (AMD) declined by 2.60%.
- Candel Therapeutics, Inc. (CADL), Allurion Technologies, Inc. (ALUR), and Eiger BioPharmaceuticals, Inc. (EIGR) were the top performers.
- eFFECTOR Therapeutics, Inc. (EFTR), Keyarch Acquisition Corporation (KYCH), and AXT, Inc. (AXTI), were the worst performers.
In the U.S. stock market, all major Indices saw positive momentum. At 01:55 PM (Eastern Time), the S&P 500 index stood at 5241.40, marking a modest increase of 0.57%. Meanwhile, the Nasdaq 100 exhibited stronger growth, reaching 18333.61, reflecting a rise of 0.95%. In contrast, the Dow 30 index experienced a more subdued uptick at 39223.29 with a gain of 0.25%.
NVIDIA Corporation (NVDA) is trading at $893.30, a modest increase of 0.41%, while Tesla, Inc. (TSLA) surged by 4.16% to $175.38. Meta Platforms, Inc. (META) also saw a positive trend, climbing 3.78% to $525.92. However, Advanced Micro Devices, Inc. (AMD) faced a slight setback, declining by 2.60% to $176.07, and Apple Inc. (AAPL) experienced a marginal gain of 0.77% to settle at $170.95. Amazon.com, Inc. (AMZN) closed at $184.46, reflecting a 1.12% increase.
Among the notable gainers in the stock market were Candel Therapeutics, Inc. (CADL), which soared impressively by 123.27% to $3.75, followed by Allurion Technologies, Inc. (ALUR), which surged by 90.75% to $3.30. Eiger BioPharmaceuticals, Inc. (EIGR) and Destiny Tech100 Inc. (DXYZ) also demonstrated notable increases, rising by 41.82% to $2.34 and 34.60% to $36.37, respectively.
On the downside, some companies experienced declines in their stock values, with eFFECTOR Therapeutics, Inc. (EFTR) plummeting by 80.94% to $3.14. Keyarch Acquisition Corporation (KYCH) and AXT, Inc. (AXTI) also faced losses, dropping by 56.70% to $3.94 and 25.35% to $3.70, respectively. Inotiv, Inc. (NOTV) closed at $7.52, reflecting a decrease of 20.51%.
EUR to USD stood at 1.08598, with the Euro gaining 0.26% against the US Dollar. Conversely, the USD to JPY was at 151.659, showing a minimal increase of 0.02% in the USD’s value against the Japanese Yen. AUD to USD saw a notable rise of 0.81%, reaching 0.66156. In currency indices, the U.S. Dollar (DXY) weakened marginally by 0.15%, at 104.069. Meanwhile, the Euro (EXY) strengthened by 0.24%, hitting 108.61. The Japanese Yen (JXY) experienced a marginal uptick of 0.01%, settling at 65.94.
Crude oil futures are positioned at $85.30, experiencing a minor decrease of 0.15%, while Brent crude futures stand at $89.40, demonstrating a marginal increase of 0.06%. Henry Hub natural gas futures reflect a notable decrease, settling at $1.779, down by 3.37%. Conversely, RBOB gasoline futures showcase a modest uptick, reaching $2.7636, marking a 0.10% increase. Gold futures, however, experienced a slight downturn at $2310.3, showing a decrease of 0.20%.
