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Forex Analysis & Reviews: US stock market closed lower, Dow Jones down 1.91%
time 23.08.2022 05:07 AM
time Relevance up to, 24.08.2022 05:07 AM

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At the close in the New York Stock Exchange, the Dow Jones fell 1.91%, the S&P 500 fell 2.14%, and the NASDAQ Composite fell 2.55%.

Procter & Gamble Company was the leading gainer among the components of the Dow Jones in today's trading, shedding 0.40 points (0.27%) to close at 149.33. Quotes Johnson & Johnson fell by 0.59 points (0.35%), ending trading at 167.59. Chevron Corp lost 0.79 points or 0.50% to close at 156.90.

The losers were shares of Intel Corporation, which lost 1.54 points or 4.35% to end the session at 33.84. Salesforce.com Inc. shares rose 3.69% or 6.79 points to close at 176.98, while Walt Disney Company shed 3.50% or 4.20 points to close at 115.94.

Leading gainers among the S&P 500 index components in today's trading were The Mosaic Company, which rose 3.44% to hit 55.36, Albemarle Corp, which gained 2.12% to close at 275.75, and shares of CF Industries Holdings Inc, which rose 2.07% to close the session at 105.64.

The biggest losers were Warner Bros Discovery Inc, which shed 7.43% to close at 12.71. Shares of Aptiv PLC lost 7.28% to end the session at 96.22. Quotes of CarMax Inc decreased in price by 6.66% to 89.86.

Leading gainers among the components of the NASDAQ Composite in today's trading were Bright Minds Biosciences Inc, which rose 72.80% to 2.16, Anpac Bio Medical Science Co Ltd, which gained 66.01% to close at 0 .36, as well as Summit Therapeutics PLC, which rose 48.18% to close the session at 1.63.

The biggest losers were Advanced Emissions Solutions Inc, which shed 39.78% to close at 3.86. Shares of Pharvaris BV lost 34.07% and ended the session at 12.14. Quotes of Golden Sun Education Group Ltd decreased in price by 29.18% to 36.01.

On the New York Stock Exchange, the number of securities that fell in price (2581) exceeded the number of those that closed in positive territory (554), while quotes of 112 shares remained virtually unchanged. On the NASDAQ stock exchange, 2,905 stocks fell, 867 rose, and 206 remained at the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, rose 15.53% to 23.80.

Gold futures for December delivery lost 0.84%, or 14.75, to hit $1.00 a troy ounce. In other commodities, WTI October futures rose 0.06%, or 0.05, to $90.49 a barrel. Brent oil futures for October delivery fell 0.07%, or 0.07, to $96.65 a barrel.

Meanwhile, in the Forex market, EUR/USD was down 0.90% to hit 0.99, while USD/JPY was up 0.42% to hit 137.50.

Futures on the USD index rose 0.72% to 108.88.

Thomas Frank,
Analytical expert of InstaForex
© 2007-2023
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