US Stocks Show Marginal Gains, Tesla Demonstrates a Notable Surge

Mixed Performance in US Stock Market with Major Indices Slight Declines as Tech Giants Fluctuate

Key Points:

  • Stock indices show marginal gains, with the S&P 500 increasing by 0.19%, the Nasdaq 100 reflecting a gain of 0.21%, and the Dow 30 showing a rise of 0.20%.
  • Tesla, Inc. (TSLA) experienced a notable surge of 4.05%. Super Micro Computer, Inc. (SMCI) and Micron Technology, Inc. (MU) also saw significant gains.
  • Stoke Therapeutics, Inc. (STOK), Digital World Acquisition Corp. (DJT), Cazoo Group Ltd (CZOO), and Nuvation Bio Inc. (NUVB) are the notable stock gainers.
  • Homology Medicines, Inc. (QTTB), Cardlytics, Inc. (CDLX), M-tron Industries, Inc. (MPTI), and Syntec Optics Holdings, Inc. (OPTX) face a significant setback.

In the latest market update, major U.S. stock indices have shown marginal gains, while currency exchange rates exhibit slight fluctuations. As of 02:10 PM (ET), the S&P 500 index stands at 5228.25, indicating a marginal increase of 0.19%. Similarly, the Nasdaq 100 index is at 18316.00, reflecting a gain of 0.21%, while the Dow 30 index is valued at 39393.20, showing a rise of 0.20%.

NVIDIA Corporation (NVDA) stands tall at $951.25, showing a marginal increase of 0.13%, while Tesla, Inc. (TSLA) demonstrates a notable surge at 179.62, up by 4.05%. Advanced Micro Devices, Inc. (AMD) follows suit at 180.35 with a modest gain of 0.96%. On the other hand, Apple Inc. (AAPL) experiences a slight dip at 170.27, down by 0.34%. Super Micro Computer, Inc. (SMCI) showcases significant growth, resting at 1071.26, marking a rise of 2.73%, while Micron Technology, Inc. (MU) follows closely behind at 119.74, exhibiting a gain of 2.23%.

Among the stock gainers, Stoke Therapeutics, Inc. (STOK) leads the charge at 11.00, soaring by an impressive 69.30%, trailed by Digital World Acquisition Corp. (DJT) at 72.7900, escalating by 45.73%. Cazoo Group Ltd (CZOO) follows suit, marking an upward trend of 46.39% at 5.68, while Nuvation Bio Inc. (NUVB) displays a notable increase of 30.67% at 2.94.

Conversely, Homology Medicines, Inc. (QTTB) faces a considerable setback, plummeting by 94.40% to 16.950. Cardlytics, Inc. (CDLX) follows suit with a decline of 33.88% at 13.39. M-tron Industries, Inc. (MPTI) experiences a downturn of 27.65% at 28.23, while Syntec Optics Holdings, Inc. (OPTX) faces a decrease of 25.43%, resting at 4.12.

The Euro to US Dollar (EURUSD) pair stands at 1.08291, reflecting a minimal decrease of 0.06%. Meanwhile, the USD to Japanese Yen (JPY) rate sits at 151.563, showing a slight increase of 0.10%. The Australian Dollar to USD rate records a decrease of 0.08%. In currency indices, the U.S. Dollar index (DXY) registers a modest increase of 0.08%, while the Euro index (EXY) shows a marginal decrease of 0.08%, and the Japanese Yen index (JXY) declines by 0.11%.

In the energy futures market, crude oil futures experienced a slight decline of 0.32% to reach $81.69, while Brent Crude Futures remained steady at $86.08. Henry Hub Natural Gas Futures surged by 10.77%, reaching $1.789, whereas RBOB Gasoline Futures dipped by 1.12%, settling at $2.6978. Finally, Gold Futures exhibited a minimal increase of 0.02%, closing at $2176.9.

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.

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