Key Points:
- The US Stock Market experienced a slight decline. The S&P 500 saw a decrease of 0.19%, the Nasdaq 100 was down by 0.21%, and the Dow 30 was down 0.38%.
- The top stock gainers are Landos Biopharma, Inc. (LABP), MoneyHero Limited (MNY), Altamira Therapeutics Ltd. (CYTO), and Target Hospitality Corp. (TH).
- TRxADE HEALTH, Inc. (MEDS), Aehr Test Systems (AEHR), Vimeo, Inc. (VMEO), and LENZ Therapeutics, Inc. (LENZ) face a significant setback.
- The EUR/USD pair showed a marginal increase of 0.27%; conversely, the USD/JPY pair experienced a slight gain of 0.03% in the Yen’s value.
As of 01:20 PM Eastern Time, major U.S. stock indices are slightly declining. The S&P 500 stands at 5224.11, marking a decrease of 0.19%. Similarly, the Nasdaq 100 is at 18300.40, down by 0.21%, while the Dow 30 is at 39325.99, reflecting a decline of 0.38%.
NVIDIA Corporation (NVDA) exhibits a modest increase of 1.13%, trading at $953.52, while Advanced Micro Devices, Inc. (AMD) follows suit with a slight uptick of 0.19%, reaching $179.99. Conversely, Tesla, Inc. (TSLA) holds steady at $172.71, marking a rise of 1.10%, whereas Super Micro Computer, Inc. (SMCI) saw a significant surge of 9.60% to $1066.10. Apple Inc. (AAPL) faces a slight dip of 0.52%, resting at $171.39, while MicroStrategy Incorporated (MSTR) shows substantial growth, soaring by 20.03% to $1828.00.
Among the top stock gainers, Landos Biopharma, Inc. (LABP) leads with an impressive surge of 171.90%, reaching $21.29. MoneyHero Limited (MNY) follows with a notable increase of 51.09% to $2.07. Altamira Therapeutics Ltd. (CYTO) and Target Hospitality Corp. (TH) also demonstrate promising gains, climbing by 31.21% and 23.65%, respectively.
However, amidst the successes, certain stocks face setbacks. TRxADE HEALTH, Inc. (MEDS) experiences a significant decline of 49.11% to $12.25, while Aehr Test Systems (AEHR) and Vimeo, Inc. (VMEO) register losses of 26.88% and 25.14%, respectively. LENZ Therapeutics, Inc. (LENZ) sees a minor decrease of 1.17%, settling at $16.01.
The Euro to US Dollar (EUR/USD) pair in currency markets stands at 1.08344, showing a marginal increase of 0.27%. Similarly, the Australian Dollar to US Dollar (AUD/USD) pair sits at 0.65373, marking a 0.36% uptick in the USD’s strength. Conversely, the US Dollar to Japanese Yen (USD/JPY) pair holds at 151.472, with a slight appreciation of 0.03% in the Yen’s value. Meanwhile, the US Dollar Index (DXY) is at 104.248, down by 0.17%. The Euro Index (EXY) at 108.34, showing a minor decrease of 0.02%, and the Japanese Yen Index (JXY) at 66.01, exhibiting a modest decline of 0.08%.
In commodity markets, Crude oil futures surged by 1.46% to $81.81 per barrel, reflecting bullish sentiment in the market. Meanwhile, Brent crude futures remained steady at $84.83 per barrel. Henry Hub natural gas futures experienced a slight decline of 1.57%, settling at $1.633 per million British thermal units. Conversely, RBOB gasoline futures saw a modest uptick of 0.36%, closing at $2.7268 per gallon. Gold futures rose by 0.79% in the precious metals sector to reach $2177.0 per ounce.