Home » U.S. Stocks Mixed at Close as Dow Jones Industrial Average Rises 0.30%

U.S. Stocks Mixed at Close as Dow Jones Industrial Average Rises 0.30%

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U.S. Stocks Mixed at Close as Dow Jones Industrial Average Rises 0.30%

U.S. Stocks Mixed as Dow Jones Rises 0.30%

U.S. stocks ended the week on a mixed note, with the Dow Jones Industrial Average (DJIA) gaining 0.30% while the S&P 500 and Nasdaq Composite closed lower. Gains in the energy, healthcare, and telecommunication sectors helped push some stocks higher, while others faced declines.

Among the top performers of the session were Chevron Corporation, which rose 2.06%, Merck & Co, adding 1.77%, and Verizon, up 1.03%. However, The Walt Disney Company, Boeing Co, and Dow Chemical Company were among the worst performers of the day, with Disney falling 2.99%, Boeing declining 1.07%, and Dow Chemical down 0.95%.

On the S&P 500, News Corp and Axon Enterprise Inc were the top performers, with News Corp rising 4.73% and Axon Enterprise Inc gaining 3.48%. Bath & Body Works Inc and Lam Group were the worst performing stocks on the index.

The Nasdaq Composite saw Amyris Corporation rise a whopping 107.74% at the close, Telesat Corp up 53.49%, and WANG & LEE GROUP Inc rise 43.97%. However, Yield10 Bioscience Inc, Atreca Inc, and Imperial Petroleum Inc were the worst performers on the Nasdaq.

Overall, 1,539 stocks on the New York Stock Exchange rose, surpassing those that closed down at 1,357. On the Nasdaq Stock Exchange, 1,843 stocks closed down while 1,650 stocks rose.

News Corporation saw its shares rise to a 1-year high, while Yield10 Bioscience Inc, Atreca Inc, and Imperial Petroleum Inc saw their shares fall to all-time lows.

The measure of implied volatility for S&P 500 options fell 6.37% to 14.84, suggesting a decrease in expected market volatility.

In terms of commodities, gold futures for December options fell 0.18% to $1,945.35. WTI crude oil futures for September delivery rose 0.34% to $83.10, while Brent crude oil futures for October delivery rose 0.27% to $86.63.

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On the forex market, the EUR/USD exchange rate remained relatively unchanged at 1.09, while USD/JPY rose slightly to 144.93.

U.S. dollar index futures rose 0.34% to 102.72, indicating strength for the U.S. dollar.

Overall, the mixed performance of U.S. stocks reflects the ongoing volatility and uncertainty in the market as investors weigh various factors, such as earnings reports, economic data, and geopolitical developments.

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