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FX.co ★ US stock market closes higher, Dow Jones gains 2.13%

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Analysis News:::2023-01-09T02:29:40

US stock market closes higher, Dow Jones gains 2.13%

US stock market closes higher, Dow Jones gains 2.13%

At the close of the New York Stock Exchange, the Dow Jones rose 2.13%, the S&P 500 rose 2.28%, and the NASDAQ Composite rose 2.56%.

The leading performer among the Dow Jones index components in today's trading was Intel Corporation, which gained 1.17 points or 4.25% to close at 28.73. Walgreens Boots Alliance Inc rose 1.42 points or 4.04% to close at 36.61. Dow Inc rose 2.11 points or 3.99% to close at 55.02.

The biggest losers were UnitedHealth Group Incorporated, which gained 0.04 points (0.01%) to end the session at 490.00. Home Depot Inc was down 0.65% or 2.06 points to close at 317.53, while Chevron Corp was up 0.75% or 1.32 points to close at 176. 56.

The leading performers in the S&P 500 index today were Costco Wholesale Corp, which rose 7.26% to 482.87, Old Dominion Freight Line Inc, which gained 6.83% to close at 300.70. , as well as shares of IDEXX Laboratories Inc, which rose 6.82% to close the session at 447.77.

The biggest losers were Baxter International Inc, which shed 7.84% to close at 48.45. Shares of Waters Corporation shed 7.15% to end the session at 322.21. Quotes of Thermo Fisher Scientific Inc decreased in price by 3.94% to 535.00.

Leading gainers among the components of the NASDAQ Composite in today's trading were Swvl Holdings Corp, which rose 115.36% to hit 0.30, Medavail Holdings Inc, which gained 80.19% to close at 0.56, and also shares of Golden Sun Education Group Ltd, which rose by 77.78%, ending the session at around 2.24.

The biggest losers were Fate Therapeutics Inc, which shed 61.45% to close at 4.24. Shares of Nabriva Therapeutics AG shed 44.84% to end the session at 1.30. Quotes of Graphite Bio Inc decreased in price by 39.54% to 1.85.

On the New York Stock Exchange, the number of securities that rose in price (2655) exceeded the number of those that closed in the red (459), while quotes of 79 shares remained virtually unchanged. On the NASDAQ stock exchange, 2689 companies rose in price, 1087 fell, and 190 remained at the level of the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, fell 5.92% to 21.13.

Gold futures for February delivery added 1.66%, or 30.50, to hit $1.00 a troy ounce. In other commodities, WTI crude for February delivery rose 0.14%, or 0.10, to $73.77 a barrel. Futures for Brent crude for March delivery fell 0.14%, or 0.11, to $78.58 a barrel.

Meanwhile, in the Forex market, EUR/USD rose 1.18% to 1.06, while USD/JPY shed 0.99% to hit 132.09.

Futures on the USD index fell 1.12% to 103.65.

Analyst InstaForex
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