empty
 
 

Forex Analysis & Reviews: US stock market closes higher, Dow Jones gains 0.55%
time 09.12.2022 04:20 AM
time Relevance up to, 10.12.2022 04:20 AM

This image is no longer relevant

At the close of the New York Stock Exchange, the Dow Jones rose 0.55%, the S&P 500 rose 0.75%, and the NASDAQ Composite rose 1.13%.

The leading performer among the components of the Dow Jones index today was Nike Inc, which gained 3.03 points (2.80%) to close at 111.36. Quotes of Cisco Systems Inc rose by 0.81 points (1.68%), closing the auction at 48.99. Boeing Co rose 2.58 points or 1.46% to close at 179.08.

The least gainers were Goldman Sachs Group Inc, which shed 1.84 points (0.51%) to end the session at 358.08. American Express Company was up 0.65 points (0.42%) to close at 154.12, while 3M Company was down 0.35 points (0.28%) to close at 126. 00.

Leading gainers among the S&P 500 index components in today's trading were SVB Financial Group, which rose 6.89% to 222.64, NVIDIA Corporation, which gained 6.51% to close at 171.69, and shares of Ceridian HCM Holding Inc, which rose 5.05% to end the session at 65.83.

The least gainers were Lincoln National Corporation, which shed 10.86% to close at 31.45. Shares of Avery Dennison Corp shed 6.54% to end the session at 179.22. Quotes of Aptiv PLC decreased in price by 4.47% to 93.42.

Leading gainers among the components of the NASDAQ Composite in today's trading were Pharvaris BV, which rose 356.57% to hit 11.46, Rent the Runway Inc, which gained 74.26% to close at 2.37, and also shares of Qutoutiao Inc, which rose 59.66% to end the session at 0.83.

Eiger Biopharmaceuticals Inc was the biggest loser, shedding 69.53% to close at 1.17. Relmada Therapeutics Inc lost 47.84% to end the session at 2.17. Design Therapeutics Inc (NASDAQ:DSGN) was down 33.33% at 8.46.

On the New York Stock Exchange, the number of securities that rose in price (1,727) exceeded the number of those that closed in the red (1,352), while quotes of 123 shares remained virtually unchanged. On the NASDAQ stock exchange, 2154 companies rose in price, 1554 fell, and 218 remained at the level of the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, fell 1.72% to 22.29.

Gold futures for February delivery added 0.18%, or 3.25, to $1.00 a troy ounce. In other commodities, WTI January futures fell 0.44%, or 0.32, to $71.69 a barrel. Futures for Brent crude for February delivery fell 1.13%, or 0.87, to $76.30 a barrel.

Meanwhile, on the Forex market, EUR/USD rose 0.50% to hit 1.06, while USD/JPY edged up 0.01% to hit 136.62.

Futures on the USD index fell 0.28% to 104.76.

Thomas Frank,
Analytical expert of InstaForex
© 2007-2023
EURUSD
Euro vs US Dollar
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Start trade
Start trade

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.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • 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.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Asian stock indices show mixed performance

The main Asian indicators are trading mixed today. Thus, the Chinese Shanghai Composite and Shenzhen Composite indices were down quite significantly by 1.37% and 1.43% respectively. The Hong Kong Hang

13:18 2023-02-03 UTC+2

US stock market closed mixed, Dow Jones down 0.11%

The US stock market closed Thursday's trading in mixed directions due to the strengthening of the technology, consumer services and industrial sectors. The market demonstrates against the backdrop of negative

Thomas Frank 04:50 2023-02-03 UTC+2

Gold at the peak of popularity: what to expect in the coming year

The weak U.S. dollar and the Federal Reserve's easing monetary policy are pushes precious metals to extend gains. And not only in the short term, but also in the long

Maria Shablon 22:59 2023-02-02 UTC+2

Asian markets extend uptrend on Thursday amid increased optimism

Asian stock indexes continued to advance on Thursday. In China, the Shanghai Composite and Shenzhen Composite gained 0.06% and 0.41%, respectively, while the Hang Seng Index in Hong Kong rose

13:33 2023-02-02 UTC+2

USD/JPY plunges after Powell's dovish remarks

The US dollar plunged against all major currencies on Wednesday following a dovish statement by Fed Chairman Jerome Powell. At the long-awaited monetary policy meeting of the Federal Reserve

Аlena Ivannitskaya 07:49 2023-02-02 UTC+2

The euro got a boost after the Fed meeting: the flight continues

The European currency, unlike the American one, demonstrated stunning growth again, breaking through a psychologically important level of 1.000. The greenback has to work hard to "save face" and maintain

Larisa Kolesnikova 07:37 2023-02-02 UTC+2

USD/JPY at crossroads

Today is a very important day for the US currency. The Federal Reserve is expected to hike interest rates once again and determine the trajectory of its further tightening. This

Аlena Ivannitskaya 09:03 2023-02-01 UTC+2

The Fed's rate - a "stopcock" for the dollar?

The U.S. currency has paused ahead of the Fed's decision on the key rate. The current pause has had little effect on the greenback and has cheered up the euro

Larisa Kolesnikova 08:32 2023-02-01 UTC+2

US stocks closed higher, Dow Jones up 1.09%

At the close on the New York Stock Exchange, the Dow Jones rose 1.09%, the S&P 500 index rose 1.46%, the NASDAQ Composite index rose 1.67%. The leading performer among

Thomas Frank 04:36 2023-02-01 UTC+2

The euro is at a loss: is it in danger of falling like the USD?

The euro is steady in an uptrend, but from time to time it stumbles and fails. At the moment, the euro's efforts are rewarded by its leading position against

Larisa Kolesnikova 08:18 2023-01-31 UTC+2
Can't speak right now?
Ask your question in the chat.