Key Points:
- The S&P 500 index showed a slight decrease of 0.29%, the Nasdaq 100 showed a marginal increase of 0.06%, and the Dow 30 index experienced a decline of 0.67%.
- Micron Technology, Inc. (MU) and Super Micro Computer, Inc. (SMCI) increased by 5.02% and 2.67%, respectively, while Tesla, Inc. (TSLA) declined by 1.63%.
- CXApp Inc. (CXAI), Tempest Therapeutics, Inc. (TPST), Doma Holdings, Inc. (DOMA), and Meta Materials Inc. (MMAT) are the significant stock gainers.
- Disc Medicine, Inc. (IRON), AEON Biopharma, Inc. (AEON), Surrozen, Inc. (SRZN), and Intellinetics, Inc. (INLX) are notable stock losers.
The U.S. stock market witnessed a mixed performance, with various indices displaying contrasting movements. As of 02:50 PM (ET), the S&P 500 index registered a slight decrease of 0.29%, standing at 5239.00, while the Nasdaq 100 index showed a marginal increase of 0.06%, reaching 18265.21. In contrast, the Dow 30 index experienced a decline of 0.67%, resting at 39539.78.
Tech stocks demonstrated varied trajectories during the session. NVIDIA Corporation (NVDA) remained relatively stable, with a minor decrease of 0.04%, trading at $903.20. Conversely, Advanced Micro Devices, Inc. (AMD) surged by 2.06% to $184.21. Tesla, Inc. (TSLA) encountered a slight decline of 1.63%, settling at $172.92. Super Micro Computer, Inc. (SMCI) showcased a noteworthy increase of 2.67%, reaching $1037.00. Apple Inc. (AAPL) experienced a modest decrease of 0.89%, trading at $169.95. Micron Technology, Inc. (MU) emerged as a significant gainer, soaring 5.02% to $123.81.
In the realm of stock gainers, CXApp Inc. (CXAI) led with a surge of 150.61%, hitting $6.14. Tempest Therapeutics, Inc. (TPST) rose by 44.50%, reaching $5.65. Doma Holdings, Inc. (DOMA) saw a substantial increase of 33.92% to $6.08. Meta Materials Inc. (MMAT) also experienced notable growth, climbing by 27.36% to $3.91.
However, in the domain of stock losers, Disc Medicine, Inc. (IRON) faced a significant setback, plummeting by 47.54% to $32.66. AEON Biopharma, Inc. (AEON) experienced a considerable decline of 40.09% to $6.95. Surrozen, Inc. (SRZN) saw a drop of 33.75%, reaching $10.41. Intellinetics, Inc. (INLX) encountered a decrease of 27.86% to $6.37.
In the currency market, the euro (EUR) weakened against the US dollar (USD) to 1.07376, marking a decline of 0.49%. Conversely, the USD strengthened against the Japanese yen (JPY) to 151.628, gaining 0.21%. The Australian dollar (AUD) depreciated against the USD to 0.64836, reflecting a decrease of 0.57%. The US Dollar Index (DXY) rose to 105.017, up by 0.46%, while the Euro Index (EXY) fell to 107.39, a decline of 0.47%. The Japanese Yen Index (JXY) also dropped to 65.96, indicating a decrease of 0.15% against the USD.
In commodities trading, Crude Oil Futures rose to $83.79, a 0.75% increase, while Brent Crude Futures reached $87.49, reflecting a 0.56% increase. Henry Hub Natural Gas Futures surged significantly to $1.842, up by 4.48%, while RBOB Gasoline Futures slightly declined to $2.7098, indicating a decrease of 0.40%. Gold Futures were valued at $2260.4, marking a notable uptick of 0.98%.
