Forex Analysis & Reviews: US stocks closed lower, Dow Jones down 0.35%
time 23.09.2022 05:07 AM
time Relevance up to, 24.09.2022 05:07 AM

This image is no longer relevant

At the close of the New York Stock Exchange, the Dow Jones fell 0.35% to a 3-month low, the S&P 500 fell 0.84%, and the NASDAQ Composite fell 1.37%.

Merck & Company Inc was the top performer among the components of the Dow Jones in today's trading, up 2.98 points or 3.53% to close at 87.51. Quotes Johnson & Johnson rose by 2.90 points (1.78%), ending trading at 166.18. Salesforce Inc rose 2.52 points or 1.71% to close at 150.15.

Shares of American Express Company were the leaders of the fall, the price of which fell by 5.68 points (3.82%), ending the session at 143.03. Boeing Co was up 3.20% or 4.58 points to close at 138.71, while Goldman Sachs Group Inc was down 2.43% or 7.79 points to close at 312. .92.

Among the S&P 500 index components gainers today were Eli Lilly and Company, which rose 4.85% to 310.87, Merck & Company Inc, which gained 3.53% to close at 87.51. , as well as shares of Bristol-Myers Squibb Company, which rose 2.63% to end the session at 71.29.

The biggest losers were Caesars Entertainment Corporation, which shed 9.44% to close at 37.62. Shares of Ball Corporation lost 8.66% to end the session at 49.23. FactSet Research Systems Inc dropped 8.29% to 394.75.

Leading gainers among the components of the NASDAQ Composite in today's trading were Spero Therapeutics Inc, which rose 167.74% to hit 2.20, Avenue Therapeutics Inc, which gained 105.90% to close at 0.44, and also shares of Panbela Therapeutics Inc, which rose 46.39% to end the session at 0.35.

Top Ships Inc. was the biggest loser, shedding 44.06% to close at 0.12. Shares of Ecmoho Ltd lost 42.72% and ended the session at 0.10. Quotes of Pintec Technology Holdings Ltd decreased in price by 28.80% to 0.42.

On the New York Stock Exchange, the number of securities that fell in price (2596) exceeded the number of those that closed in positive territory (546), while quotes of 120 shares remained virtually unchanged. On the NASDAQ stock exchange, 3,011 stocks fell, 765 rose, and 257 remained at the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, fell 2.29% to 27.35.

Gold futures for December delivery added 0.24%, or 4.00, to $1.00 a troy ounce. In other commodities, WTI crude for November delivery rose 0.54%, or 0.45, to $83.39 a barrel. Brent oil futures for November delivery rose 0.50%, or 0.45, to $90.28 a barrel.

Meanwhile, in the Forex market, the EUR/USD pair remained unchanged 0.04% to 0.98, while USD/JPY fell 1.14% to hit 142.40.

Futures on the USD index rose by 0.65% to 111.07.

Thomas Frank,
Analytical expert of InstaForex
© 2007-2022
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
  • Ferrari from InstaForex
    Top up your account with at least $1,000
    join the contest and win Ferrari
    F8 Tributo
  • Chancy Deposit
    Deposit your account with $3,000 and win $1,000
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
  • 30% Bonus
    Receive a 30% bonus every time you top up your account

Recommended Stories

Commodity market encouraged by China easing quarantine measures

Oil prices entered a bullish correction on Thursday, all thanks to the news that China will finally lift pandemic restrictions and, perhaps, healthy growth in demand for energy resources will

Natalia Andreeva 22:49 2022-12-01 UTC+2

The "flying" dollar: the sound of the fall. The Fed is on the defensive

By the end of the week, the greenback surrendered the lion's share of its positions, unable to withstand the onslaught of the Federal Reserve, which is set to further tighten

Larisa Kolesnikova 08:07 2022-12-01 UTC+2

USD/JPY: that's it, no movie!

Federal Reserve Chairman Jerome Powell's dovish speech pulled down the dollar. Yesterday, the U.S. currency experienced a resounding sell-off on all fronts, but saw the biggest loss against

Аlena Ivannitskaya 07:53 2022-12-01 UTC+2

US stock market closes higher, Dow Jones gains 2.18%

At the close of the New York Stock Exchange, the Dow Jones rose 2.18% to a 6-month high, the S&P 500 rose 3.09% and the NASDAQ Composite index rose 4.41%

Thomas Frank 03:40 2022-12-01 UTC+2

European stocks rise on strong eurozone data

Following Wednesday's results, broad-based gains saw the pan-European index rise after the release of new statistics on the eurozone. Thus, at the time of writing, the pan-European index Stoxx

Irina Maksimova 23:00 2022-11-30 UTC+2

EUR/USD. Inflation whispers, the ECB's rat race

The euro is struggling to develop a rally despite the weakness of the U.S. currency. Growth is limited by incoming data on the euro bloc, indicating that the ECB will

Anna Zotova 23:00 2022-11-30 UTC+2

USD/JPY: calm before the storm

The dollar-yen pair is passing the time for the second straight session in anticipation of a strong impulse. It can happen right now. The Fed chief's speech should persuade

Аlena Ivannitskaya 08:09 2022-11-30 UTC+2

The pound is afraid of drowning, but it aims to move up and continues its journey

The British currency is experiencing notable volatility this week, moving back and forth - from a tangible rise to a moderate decline. According to analysts, sterling has a chance

Larisa Kolesnikova 07:58 2022-11-30 UTC+2

US stock market closed mixed, Dow Jones up 0.01%

The US stock market ended trading on Tuesday mixed due to the strengthening of the sectors of oil and gas, finance and raw materials. The market demonstrates against the backdrop

Thomas Frank 03:43 2022-11-30 UTC+2

Bitcoin reacts to news from China

Bitcoin started Tuesday morning by falling, but afterwards it grew. At the time of writing, the coin was trading at $16,365. According to cryptocurrency price tracking website CoinMarketCap, Bitcoin reached

Irina Maksimova 22:50 2022-11-29 UTC+2
Can't speak right now?
Ask your question in the chat.