Forex Analysis & Reviews: 19.04.2023 - US stock market closes...

19.04.2023 04:25 AM

US stock market closes mixed, Dow Jones down 0.03%

On Tuesday, investors assessed the financial reports of companies. Bank Of America, Goldman Sachs, and Bank of New York Mellon reported their results for the previous quarter, with their shares falling by 0.8%, 2.9%, and 1.7% respectively. Meanwhile, Johnson & Johnson's stock price fell by 2%.

Traders also paid attention to American statistics. The number of new homes in the US, the construction of which began in March, decreased by 0.8% compared to the revised February figure and amounted to 1.42 million. The indicator was expected to be at the level of 1.4 million.

At the close of the New York Stock Exchange, the Dow Jones fell by 0.03%, the S&P 500 index rose by 0.09%, and the NASDAQ Composite index fell by 0.04%.

Among the Dow Jones components, the leading gainers at the end of today's trading were shares of Boeing Co (NYSE: BA), which rose by 3.34 points (1.63%), closing at 208.37. Home Depot Inc (NYSE: HD) quotes rose by 3.55 points (1.20%), ending the trade at 298.95. Shares of JPMorgan Chase & Co (NYSE: JPM) increased in price by 1.57 points (1.12%), closing at 141.40.

The leading decliners were shares of Johnson & Johnson (NYSE: JNJ), the price of which fell by 4.66 points (2.81%), ending the session at 161.01. Shares of Goldman Sachs Group Inc (NYSE: GS) rose by 5.77 points (1.70%), closing at 333.91, while Verizon Communications Inc (NYSE: VZ) fell in price by 0.52 points (1.32%) and ended the trade at 38.94.

Among the S&P 500 components, the leading gainers at the end of today's trading were shares of Tyler Technologies Inc (NYSE: TYL), which rose by 3.42% to 375.00, PulteGroup Inc (NYSE: PHM), which gained 3.30%, closing at 62.59, and shares of State Street Corp (NYSE: STT), which increased by 3.05%, ending the session at 74.90.

The leading decliners were shares of Catalent Inc (NYSE: CTLT), which fell in price by 7.42%, closing at 42.06. Shares of Signature Bank (OTC: SBNY) lost 6.73% and ended the session at 0.15. Quotes of DISH Network Corporation (NASDAQ: DISH) fell in price by 4.66% to 7.78.

Among the NASDAQ Composite components, the leading gainers at the end of today's trading were shares of BELLUS Health Inc (NASDAQ: BLU), which rose by 98.90% to 14.44, Agrify Corp (NASDAQ: AGFY), which gained 73.91%, closing at 0.30, and shares of Oblong Inc (NASDAQ: OBLG), which increased by 61.22%, ending the session at 3.45.

The leading decliners were shares of China Jo-Jo Drugstores Inc (NASDAQ: CJJD), which fell in price by 85.85%, closing at 0.68. Shares of United Insurance Holdings Corp (NASDAQ: UIHC) lost 48.28% and ended the session at 1.80. Quotes of Tempest Therapeutics Inc (NASDAQ: TPST) fell in price by 40.27% to 2.21.

On the New York Stock Exchange, the number of falling stocks (1,624) exceeded the number of those closing with gains (1,340), while the quotes of 110 stocks remained virtually unchanged. On the NASDAQ stock exchange, shares of 2,143 companies fell, 1,474 rose, and 147 remained at the previous closing level.

The CBOE Volatility Index, which is based on trading indicators for options on the S&P 500, fell by 0.71% to 16.83, reaching a new 52-week low.

Gold futures for June delivery added 0.54%, or 10.85, reaching $2.00 per troy ounce. As for other commodities, WTI oil futures for June delivery rose by 0.06%, or 0.05, to $80.88 per barrel. Brent oil futures for June delivery fell by 0.02%, or 0.02, to $84.74 per barrel.

Meanwhile, in the Forex market, the EUR/USD pair remained virtually unchanged, with a 0.44% increase to 1.10, while the USD/JPY quotes fell by 0.31%, reaching 134.04.

The USD index futures dropped by 0.36% to 101.43.

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*Disclaimer: The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.