Key Points:
- U.S. Stock markets are performing mixed, with slight increases in the S&P 500 and Nasdaq 100 indices and notable growth in the Dow 30 index.
- Fusion Pharmaceuticals Inc. (FUSN), SCWorx Corp. (WORX), Spire Global, Inc. (SPIR), and Enliven Therapeutics, Inc. (ELVN) are the notable stock gainers.
- NuScale Power Corporation (SMR), Comtech Telecommunications Corp. (CMTL), ShiftPixy, Inc. (PIXY), and Lantern Pharma Inc. (LTRN) are witnessing declines.
- Crude oil, Brent crude, and Henry Hub natural gas futures witnessed a significant uptick, while gold futures dipped slightly.
Amidst fluctuating market conditions, U.S. stocks exhibited positive performance. At 1:45 PM Eastern Time, the S&P 500 stood at 5171.84, marking a modest rise of 0.44%, while the Nasdaq 100 reached 18007.76, showing a slight increase of 0.13%. The Dow 30 index exhibited notable growth, reaching 39056.76, with a 0.69% increase.
NVIDIA Corporation (NVDA) showed a modest increase of 1.06%, trading at $893.91, while Advanced Micro Devices, Inc. (AMD) and Tesla, Inc. (TSLA) experienced slight downturns, with AMD declining by 4.64% to $181.81 and TSLA down by 1.18% to $171.75. Super Micro Computer, Inc. (SMCI) faced a significant setback, plummeting by 10.11% to $899.48, and MicroStrategy Incorporated (MSTR) witnessed a dip of 7.15%, settling at $1395.25. However, Apple Inc. (AAPL) demonstrated resilience, registering a positive gain of 1.21%, with its shares valued at $175.82.
Among the stock gainers, Fusion Pharmaceuticals Inc. (FUSN) surged remarkably by 97.74%, trading at $21.04, followed by SCWorx Corp. (WORX) rising by 64.89% to $3.10. Spire Global, Inc. (SPIR) and Enliven Therapeutics, Inc. (ELVN) also exhibited notable increases, climbing by 32.65% to $16.29 and 29.19% to $16.33, respectively.
However, certain stocks experienced losses, with NuScale Power Corporation (SMR) declining sharply by 36.09% to $6.46 and Comtech Telecommunications Corp. (CMTL) dropping by 26.96% to $3.36. ShiftPixy, Inc. (PIXY) and Lantern Pharma Inc. (LTRN) also faced setbacks, decreasing by 25.44% to $5.07 and 19.38% to $8.03, respectively.
In the currency markets, the Euro to U.S. Dollar exchange rate stands at 1.08600, experiencing a slight decrease of 0.11%. Conversely, the USD to Japanese Yen rate increases to 150.941, marking a rise of 1.23%. The Australian Dollar to U.S. Dollar rate sits at 0.65302, showing a decrease of 0.43%. In currency indices, the U.S. Dollar Index (DXY) records a value of 103.845, reflecting a modest uptick of 0.25%. Meanwhile, the Euro index (EXY) registers at 108.59, indicating a decrease of 0.13%. The Japanese Yen index (JXY) sees a notable decline of 1.21%, settling at 66.24.
In commodity trading, crude oil futures surged by 1.01% to $82.99, while Brent crude futures soared by 1.82% to $86.89. Similarly, Henry Hub natural gas futures witnessed a significant uptick of 1.82%, settling at $1.734. Conversely, RBOB gasoline futures experienced a modest increase of 0.08%, reaching $2.7475. However, gold futures saw a slight dip, down by 0.21% to $2159.7.
