U.S. Stocks Rise: Dow Jones Up by 0.49%
New York, October 2, 2023
On Monday, U.S. stocks closed higher, driven by gains across various sectors. The Dow Jones Industrial Average saw a notable increase of 0.49%, while the S&P 500 and NASDAQ Composite indices rose by 0.77% and 0.94% respectively.
Top Performers of the Day
Dow Jones Industrial Average
- Apple Inc: Up 1.98% (4.21 points) to 216.70.
- Intel Corporation: Gained 1.74% (0.53 points) to 30.98.
- Nike Inc: Increased by 1.72% (1.61 points) to 95.00.
S&P 500
- Autodesk Inc: Soared 6.48% to 240.51.
- Broadcom Inc: Rose by 5.41% to settle at 1,828.87.
- Tesla Inc: Up 5.30% to close at 187.44.
NASDAQ Composite
- Salarius Pharmaceuticals Inc: Skyrocketed by an astonishing 723.28% to 3.48.
- Mustang Bio Inc: Increased by 476.92% to 0.75.
- Interactive Strength Inc: Gained 70.73% to close at 4.90.
Worst Performers of the Day
Dow Jones Industrial Average
- UnitedHealth Group: Fell 1.59% (7.89 points) to 489.23.
- Merck & Company Inc: Declined by 1.53% (1.98 points) to 127.50.
- Salesforce Inc: Dropped 0.63% (1.46 points) to 230.48.
S&P 500
- First Solar Inc: Down 4.49% to 261.33.
- Align Technology Inc: Lost 4.10% to settle at 245.52.
- Match Group Inc: Decreased by 3.20% to 30.54.
NASDAQ Composite
- Aerovate Therapeutics Inc: Plunged 93.30% to 1.65.
- Ovid Therapeutics Inc: Dropped 76.00% to 0.79.
- iPower Inc: Down 36.67% to 2.09.
General Market Trends
Rising stocks outpaced decliners on the New York Stock Exchange with 1636 advancing vs. 1192 declining, and 105 remaining unchanged. On the Nasdaq Stock Exchange, 1690 stocks fell, 1680 rose, and 126 were unchanged.
Notable Records
- Shares in Broadcom Inc and Apple Inc reached all-time highs.
- Shares in Aerovate Therapeutics Inc hit an all-time low.
- Shares in Ovid Therapeutics Inc dropped to a 5-year low.
Commodity Market Trends
- Gold Futures for August delivery fell by 0.66% to $2,333.50 per troy ounce.
- Crude Oil for August delivery increased by 2.25% to $79.81 per barrel.
- Brent Oil contract for August rose by 2.11% to $84.36 per barrel.
Forex Market Movements
- EUR/USD remained mostly unchanged at 1.07, while USD/JPY rose by 0.23% to 157.74.
- The U.S. Dollar Index Futures was down by 0.20% at 104.95.
For more insights on how these trends impact your investments, stay tuned for further updates.