Key Points:
- Major indices experienced a downturn; the S&P 500 index was down by 1.52%, the Nasdaq 100 declined by 1.77%, and the Dow 30 decreased by 1.32%.
- NVIDIA Corporation (NVDA), Tesla, Inc. (TSLA), Advanced Micro Devices, Inc. (AMD), and Amazon.com, Inc. (AMZN) experienced significant decline.
- Indonesia Energy Corporation Limited (INDO), Houston American Energy Corporation (HUSA), and HNR Acquisition Corp (HNRA) were among the gainers.
- Destiny Tech100 Inc. (DXYZ), Monogram Orthopaedics Inc. (MGRM), NFT Limited (MI), and Linkage Global Inc (LGCB) were among the worst performers.
The U.S. stocks showed a downturn, with major indices experiencing a significant decline. At 1:20 PM (ET), the S&P 500 stood at 5119.99, down by 1.52%, while the Nasdaq 100 followed suit, experiencing a decline of 1.77% to 17984.52. Similarly, the Dow 30 decreased, settling at 37952.00, reflecting a drop of 1.32%.
In technology and innovation, NVIDIA Corporation (NVDA) maintained a position of prominence at $886.22, experiencing a slight dip of 2.20%. Apple Inc. (AAPL) saw stability at $175.18, with a marginal increase of 0.08%. Tesla, Inc. (TSLA) faced a downturn at $171.13, down by 1.99%, while Advanced Micro Devices, Inc. (AMD) encountered a more significant decline at $163.00, down by 4.40%. Amazon.com, Inc. (AMZN) followed suit at $185.51, with a decrease of 1.87%, while Microsoft Corporation (MSFT) also experienced a decline at $420.62, down by 1.71%.
Among the notable gainers, Indonesia Energy Corporation Limited (INDO) stood out with an impressive surge, reaching $5.26, marking a substantial increase of 91.97%. Houston American Energy Corporation (HUSA) and HNR Acquisition Corp (HNRA) displayed robust growth, climbing by 46.88% and 47.48%, respectively, with prices at $2.35 and $3.37. EZGO Technologies Ltd. (EZGO) saw a notable rise, reaching $2.03, up by 27.83%.
Conversely, the stock losers encountered a more challenging landscape. Destiny Tech100 Inc. (DXYZ) faced a significant setback, plunging to $35.85, down by 28.88%. Monogram Orthopaedics Inc. (MGRM) and NFT Limited (MI) also experienced declines at $3.08 and $5.05, respectively, with drops of 24.32% and 30.34%. Meanwhile, Linkage Global Inc (LGCB) exhibited a decrease, falling to $3.00 with a decline of 9.37%.
In commodities trading, crude oil futures surged to $85.91, marking a 1.05% increase, while Brent crude futures rose to $90.61, up by 0.97%. Conversely, Henry Hub natural gas futures experienced a slight dip, reaching $1.763, a decrease of 0.06%. RBOB gasoline futures exhibited strength, climbing to $2.8186, reflecting a notable 1.60% gain. Meanwhile, gold futures increased to $2380.8, indicating a modest increase of 0.34%.
The Euro weakened against the US Dollar in currency markets, with EUR to USD at 1.06429, marking a decrease of 0.78%. Conversely, the US Dollar strengthened slightly against the Japanese Yen, with USD to JPY at 153.126, up by 0.05%. The Australian Dollar also depreciated against the US Dollar, with AUD to USD at 0.64591, down by 1.18%. In terms of currency indices, the US Dollar Index (DXY) rose by 0.69% to 105.986, while the Euro Index (EXY) declined by 0.80% to 106.42, and the Japanese Yen Index (JXY) increased marginally by 0.06% to 65.31.
