S&P 500 and Nasdaq Experience Declines, US Stocks Witnessed Notable Fluctuations

S&P 500 and Nasdaq 100 Show Modest Gains, Tech Stocks Lead Surge

Key Points:

  • S&P 500, Nasdaq 100, and Dow 30 experienced declines, with the S&P 500 dropping by 0.77%, the Nasdaq 100 by 1.37%, and Dow 30 by 0.66%.
  • NVIDIA Corporation (NVDA) recorded a modest increase of 1.14%; meanwhile, Advanced Micro Devices, Inc. (AMD) surged by 3.14%.
  • Microsoft Corporation (MSFT) and Apple Inc. (AAPL) faced declines, dropping by 2.68% and 1.34%, respectively. Tesla, Inc. (TSLA) decreased by 0.33%.
  • Geron Corporation (GERN) and Cardlytics, Inc. (CDLX) were among the top gainers, while Groupon, Inc. (GRPN) led the decliners.

Major stock indices saw mixed performances on a day marked by volatility, while individual stocks witnessed notable fluctuations. At 01:20 PM (ET), the S&P 500 index at 5110.75, registering a decrease of 0.77%, while the Nasdaq 100 dropped by 1.37% to settle at 17767.17 points. The Dow 30 also declined to 38648.19, down by 0.66%.

NVIDIA Corporation (NVDA) recorded a modest increase of 1.14%, reaching $889.50 per share. Meanwhile, Advanced Micro Devices, Inc. (AMD) surged by 3.14% to $192.94. However, Tesla, Inc. (TSLA) experienced a slight downturn, decreasing by 0.33% to $161.96. Similarly, Microsoft Corporation (MSFT) and Apple Inc. (AAPL) faced declines, dropping by 2.68% and 1.34%, respectively, with stock prices at $413.81 and $170.69 per share. Adobe Inc. (ADBE) encountered a notable setback, plummeting 14.05% to $490.28.

Regarding stock gainers, Geron Corporation (GERN) soared remarkably, surging by an impressive 86.29% to $3.26 per share. Following suit, Cardlytics, Inc. (CDLX) witnessed a substantial increase of 63.84%, settling at $13.41, while Solidion Technology, Inc. (STI) surged by 53.08% to $1.99 per share.

Conversely, some companies faced setbacks, with Groupon, Inc. (GRPN) leading the pack with a notable decline of 31.43%, reaching $12.46 per share. Immuneering Corporation (IMRX) and Altus Power, Inc. (AMPS) also encountered declines, decreasing by 27.93% and 24.58%, respectively, with stock prices at $2.09 and $4.48 per share.

The Euro to US Dollar exchange rate remains relatively stable in the currency markets at 1.08851. Meanwhile, the US Dollar to Japanese Yen exchange rate saw a modest increase of 0.50%, at 149.028. Conversely, the Australian Dollar to US Dollar rate reflected a slight decrease of 0.35%, at 0.65567. Among currency indices, the US Dollar Index (DXY) rose by 0.11% to 103.479, while the Euro Index (EXY) decreased marginally to 108.84. The Japanese Yen Index (JXY) experienced a decline of 0.47% at 67.11.

In commodities trading, Crude oil futures saw a marginal decrease of 0.06%, trading at $81.21, while Brent Crude Futures witnessed a modest increase of 1.65%, reaching $85.42. On the other hand, Henry Hub Natural Gas Futures experienced a more significant decline of 4.94%, trading at $1.655. RBOB Gasoline Futures showed a slight uptick of 0.37%, reaching $2.7026. Meanwhile, Gold Futures saw a slight dip of 0.16%, trading at $2164.1.

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.

Read More

We are highly passionate and dedicated to delivering our readers the latest information and insights into technology innovation and trends. Our mission is to help understand industry professionals and enthusiasts about the complexities of technology and the latest advancements.

Follow Us

Advertise Here...

Build brand awareness across our network!