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23.05.2023 05:18 AM
US stock market closed mixed, Dow Jones down 0.42%

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Traders are monitoring the development of the situation around the country's public debt. The White House and Republicans, who control the House of Representatives in Congress, continue negotiations to raise its maximum ceiling. Speaker of the US House of Representatives Kevin McCarthy said earlier that he would meet with President Joe Biden on Monday for talks on this topic.

At the close of the New York Stock Exchange, the Dow Jones was down 0.42%, the S&P 500 was up 0.02% and the NASDAQ Composite was up 0.50%.

3M Company (NYSE:MMM) was the top gainer among the components of the Dow Jones Index today, up 2.68 points or 2.71% to close at 101.71. American Express Company (NYSE:AXP) rose 2.56 points or 1.67% to close at 155.51. Intel Corporation (NASDAQ:INTC) rose 0.35 points or 1.17% to close at 30.28.

The least gainers were Nike Inc (NYSE:NKE), which shed 4.58 points or 3.99% to end the session at 110.18. Procter & Gamble Company (NYSE:PG) was up 4.01 points or 2.62% to close at 149.16, while Coca-Cola Co (NYSE:KO) was down 1.32 points. (2.10%) and finished trading at 61.51.

Among the S&P 500 index components gainers today were Match Group Inc (NASDAQ:MTCH), which rose 6.72% to 33.98, EPAM Systems Inc (NYSE:EPAM), which gained 6.66 % to close at 263.99, and Pfizer Inc (NYSE:PFE), which rose 5.38% to close at 38.75.

The least gainers were Signature Bank (OTC:SBNY), which shed 11.37% to close at 0.12. Shares of Lumen Technologies Inc (NYSE:LUMN) shed 7.23% to end the session at 2.18. Quotes of First Republic Bank (OTC:FRCB) decreased in price by 6.02% to 0.36.

The leading performers in the NASDAQ Composite Index today were Microbot Medical Inc (NASDAQ:MBOT), which rose 159.35% to 3.19, Hepion Pharmaceuticals Inc (NASDAQ:HEPA), which gained 117.51 % to close at 19.38, and AVROBIO Inc (NASDAQ:AVRO), which rose 69.01% to close at 1.31.

The least gainers were Rain Therapeutics Inc (NASDAQ:RAIN), which shed 87.71% to close at 1.22. Shares of Monogram Orthopedics Inc (NASDAQ:MGRM) shed 36.22% to end the session at 8.61. Volcon Inc (NASDAQ:VLCN) dropped 33.20% to 0.73.

On the New York Stock Exchange, the number of securities that rose in price (1,788) exceeded the number of those that closed in the red (1,178), and quotes of 101 shares remained virtually unchanged. On the NASDAQ stock exchange, 2267 companies rose in price, 1315 fell, and 121 remained at the level of the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, rose 2.38% to 17.21.

Gold futures for June delivery lost 0.37%, or 7.35, to hit $1.00 a troy ounce. In other commodities, WTI crude for July delivery rose 0.60%, or 0.43, to $72.12 a barrel. Brent futures for July delivery rose 0.62%, or 0.47, to $76.05 a barrel.

Meanwhile, in the Forex market, the EUR/USD pair remained unchanged 0.06% to 1.08, while USD/JPY rose 0.42% to hit 138.56.

Futures on the USD index rose 0.04% to 103.12.

Thomas Frank,
Analytical expert of InstaForex
© 2007-2024
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