Key Points:
- The S&P 500 is trading with a marginal decrease, the Nasdaq 100 is experiencing a more notable decline, and the Dow 30 shows resilience.
- NVIDIA Corporation (NVDA), Tesla, Inc. (TSLA), Advanced Micro Devices, Inc. (AMD), and Apple Inc. (AAPL) are showing losses.
- Gaxos.ai Inc. (GXAI) and MicroCloud Hologram Inc. (HOLO) are the top gainers, while Inpixon (XTIA) and Luna Innovations Incorporated (LUNA) lead the losers.
- Crude oil futures surged by 2.44%, while Brent crude futures experienced a slight dip of 0.35%. RBOB Gasoline futures rose by 2.43%.
At 11:55 AM (ET), the stock market saw a mixed performance, with the S&P 500 at 5171.77, marking a marginal decrease of 0.07%. Meanwhile, the Nasdaq 100 experienced a more notable decline at 18078.89, decreasing by 0.77%. In contrast, the Dow 30 index demonstrated resilience at 39154.77, showing a modest gain of 0.38%.
NVIDIA Corporation (NVDA) is trading at $893.38, with a modest decline of 2.80%, while Tesla, Inc. (TSLA) is priced at $171.05, showing a decrease of 3.66%. Advanced Micro Devices, Inc. (AMD) follows suit at $195.08, down by 3.79%. On the other hand, Super Micro Computer, Inc. (SMCI) demonstrates resilience, recording a 1.01% increase at $1174.77. Apple Inc. (AAPL) is valued at $171.01, reflecting a more moderate decline of 1.28%. MicroStrategy Incorporated (MSTR) stands out with a remarkable surge of 10.25%, reaching $1756.65.
Among the stock gainers, Gaxos.ai Inc. (GXAI) leads with an impressive 83.46% increase at $9.76, followed by MicroCloud Hologram Inc. (HOLO) at $7.05 with a substantial gain of 44.17%. Arq, Inc. (ARQ) is also in the spotlight, boasting a 35.45% surge at $4.70.
Conversely, the stock losers include Inpixon (XTIA) at $3.3900, experiencing a significant decline of 35.67%. Luna Innovations Incorporated (LUNA) is down by 36.74% at $3.96, and HNR Acquisition Corp (HNRA) faces a 35.99% decrease, trading at $2.86.
The EUR to USD pair stands at 1.09485, showing a 0.20% increase. The USD to JPY pair is 147.673, with a slight 0.04% uptick. Conversely, the AUD to USD pair registers at 0.66240, gaining by 0.27%. Looking at currency indices, the U.S. Dollar (DXY) at 102.791, down by 0.13%, while the Euro (EXY) shows a positive movement of 0.18% at 109.47. The Japanese Yen (JXY) remains relatively stable at 67.72, with a marginal decrease of 0.01%.
In commodities trading, crude oil futures surged by 2.44%, reaching $79.45 per barrel, while Brent crude futures experienced a slight dip of 0.35%, settling at $81.92 per barrel. Henry Hub Natural Gas futures declined by 1.46%, closing at $1.689. RBOB Gasoline futures rose by 2.43%, reaching $2.6493 per gallon. Gold futures exhibited a modest increase of 0.54%, reaching $2177.7 per ounce.
