Key Points:
- US stocks faced declines, with the S&P 500 decrease of 1.00%, Nasdaq 100 dipped by 1.64%, and Dow 30 decrease of 0.81%.
- Tesla shares are facing a more substantial decline of 4.98%, Super Micro Computer is down by 6.47%, and Apple shares slipped 2.97%.
- Airship AI Holdings’ stock price soared by 88.48%, and Datasea Inc. also saw a remarkable increase of 103.91%, while Dave Inc. displayed a gain of 46.12%.
- Crawford & Company was downed by 27.48%, BitFuFu Inc. experienced a decrease of 29.55%, and Zhongchao Inc. witnessed an 18.24% drop.
U.S. stocks experienced another losing session on Tuesday, with the technology sector taking a hit, particularly as Apple faced challenges. The major indices experienced a downturn. At 11:45 AM (ET), the S&P 500 closed at 5079.78, marking a decrease of 1.00%, while the Nasdaq 100 dipped by 1.64% to reach 17927.98. The Dow 30 also declined, closing at 38675.34 with a decrease of 0.81%.
NVIDIA Corporation (NVDA) is trading at 844.86 USD, showing a slight decrease of 0.88%. Tesla, Inc. (TSLA) follows closely behind, trading at 178.78 USD, facing a more substantial decline of 4.98%. Apple Inc. (AAPL) at 169.90 USD with a 2.97% decrease after a report revealed a 24% year-on-year decline in iPhone sales in China. Other major players in the market include Advanced Micro Devices Inc. (AMD) at 201.36 USD with a 1.95% drop, Super Micro Computer Inc. (SMCI) at 1004.79 USD with down by 6.47%, and Microsoft Corporation (MSFT) at 403.17 USD showing a 2.83% decline.
In terms of stock gainers, Airship AI Holdings, Inc. (AISP) experienced a significant surge, with its stock price soaring by 88.48%. Datasea Inc. (DTSS) also saw a remarkable increase of 103.91%, while Dave Inc. (DAVE) displayed a gain of 46.12%. On the other hand, Crawford & Company (CRD.A) was downed by 27.48%, BitFuFu Inc. (FUFU) experienced a decrease of 29.55%, and Zhongchao Inc. (ZCMD) witnessed an 18.24% drop.
The EUR to USD exchange rate stands at 1.08587, experiencing a marginal increase of 0.03%. Conversely, the USD to JPY rate is 150.216, slightly decreasing 0.20%. The AUD to USD rate is 0.65008, reflecting a decrease of 0.09%. Furthermore, the U.S. Dollar Index (DXY) is at 103.780, exhibiting a minor decline of 0.05%. The Euro (EXY) stands at 108.60, with a positive change of 0.04%, and the Japanese Yen (JXY) at 66.58, reflecting an increase of 0.23%.
Crude Oil Futures stand at $78.93 per barrel, witnessing a modest 0.24% uptick. Brent Crude Futures hold steady at $82.79 per barrel, experiencing a marginal -0.01% dip. Meanwhile, Henry Hub Natural Gas Futures show resilience at $1.920 per unit, registering a 0.21% increase. RBOB Gasoline Futures demonstrate volatility, declining by -1.33% to $2.5512 per gallon. Gold Futures exhibit strength at $2136.4 per ounce, up by 0.48%.