Slight Retreat in US Stocks, NVIDIA Corporation Observed a Slight Decrease

Slight Retreat in US Stocks, NVIDIA Corporation Observed a Slight Decrease

Key Points:

  • Slight retreat in U.S. stocks, with the S&P 500 and Nasdaq 100 experiencing marginal declines, while the Dow 30 displayed resilience.
  • Mixed performance among tech stocks, with NVIDIA Corporation (NVDA) experiencing a slight decrease and Apple Inc. (AAPL) showcasing resilience.
  • Notable stock gainers include Safe and Green Development Corporation (SGD), Psyence Biomedical Ltd. (PBM), and Ainos, Inc. (AIMD).
  • The commodities market has had a mixed performance, with slight declines in crude oil and gasoline futures and a positive trend in gold futures.

The U.S. stock market is showcasing complexity and dynamism despite some downward pressure. At 11:55 AM (ET), the S&P 500 was at 5151.70, experiencing a marginal dip of 0.11%. The Nasdaq 100 also saw a downturn at 18203.03, reflecting a 0.52% decrease. In contrast, the Dow 30 displayed resilience at 38861.26, with a modest increase of 0.18%.

NVIDIA Corporation (NVDA) observed a slight decrease of 2.85%, settling at $900.31, while Advanced Micro Devices, Inc. (AMD) maintained stability at $211.86, marking a modest increase of 0.23%. Tesla, Inc. (TSLA) faced a decline of 1.14%, trading at $176.62. Super Micro Computer, Inc. (SMCI) experienced a decrease of 2.93%, valuing its stocks at $1125.79. On the positive side, Apple Inc. (AAPL) exhibited resilience with a gain of 1.54%, reaching $171.61, while Broadcom Inc. (AVGO) encountered a downturn of 5.98%, trading at $1322.92.

In the realm of stock gainers, Safe and Green Development Corporation (SGD) has demonstrated an exceptional surge, skyrocketing by 283.92% and reaching $2.5300. Psyence Biomedical Ltd. (PBM) followed suit with a remarkable gain of 133.07%, pricing its stocks at $2.96, while Ainos, Inc. (AIMD) experienced a notable increase of 93.75%, reaching $2.17.

Conversely, the stock losers showcased contrasting performances, with Amylyx Pharmaceuticals, Inc. (AMLX) facing a substantial decrease of 81.76%, valuing its stocks at $3.46. Critical Metals Corp. (CRML) witnessed a decline of 25.30%, trading at $8.21, and, Inc. (BBAI) experienced a notable drop of 30.72%, with stocks priced at $2.61.

Turning to the global currency market, the Euro (EUR) weakened slightly against the U.S. Dollar (USD) at 1.09400, reflecting a decrease of 0.07%. Conversely, the Japanese Yen (JPY) strengthened against the USD, with the exchange rate at 147.202, marking a 0.56% increase. Meanwhile, the Australian Dollar (AUD) experienced a modest gain against the USD, trading at 0.66253, up by 0.19%. The U.S. Dollar Index (DXY) saw a marginal decline of 0.06% in currency indices, settling at 102.734. The Euro Index (EXY) mirrored the EUR/USD trend, slipping by 0.07% to 109.39, while the Japanese Yen Index (JXY) rose by 0.53% to 67.92 USD.

In the commodities market, crude oil futures saw a slight dip, with prices at $78.18, reflecting a decrease of 0.95%. Similarly, Brent Crude Futures experienced a decline at $82.32, down by 0.77%. Henry Hub Natural Gas Futures followed suit, showing a decrease to $1.802, marking a decrease of 0.88%. RBOB Gasoline Futures also witnessed a downturn, with prices at $2.5335, reflecting a decrease of 0.83%. Conversely, Gold Futures exhibited a positive trend, rising to $2185.6, representing an increase of 0.94%, signaling potential shifts in investor sentiment and market dynamics.

TechGolly editorial team led by Al Mahmud Al Mamun. He worked as an Editor-in-Chief at a world-leading professional research Magazine. Rasel Hossain and Enamul Kabir are supporting as Managing Editor. Our team is intercorporate with technologists, researchers, and technology writers. We have substantial knowledge and background in Information Technology (IT), Artificial Intelligence (AI), and Embedded Technology.

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