empty
31.03.2023 04:25 AM
US stock market closes higher, Dow Jones gains 0.43%

This image is no longer relevant

At the same time, there are indicators that hold back the growth of Wall Street, for example, internal macro statistics. So, earlier, the US Department of Commerce lowered the estimate of the country's GDP growth in the fourth quarter to 2.6% in annual terms (if GDP grew at the same pace for four consecutive quarters), the second estimate was 2.7%, and the first - 2.9% . In the third quarter, US GDP grew by 3.2% on an annualized basis.

Data on the labor market also turned out to be worse than expected. US initial jobless claims for the week ending March 25 increased by 7,000 from the previous week to 198,000. The forecast was 196 thousand.

At the close in the New York Stock Exchange, the Dow Jones was up 0.43%, the S&P 500 was up 0.57% and the NASDAQ Composite was up 0.73%.

The leading performer among the Dow Jones index components today was Intel Corporation (NASDAQ:INTC), which gained 0.57 points or 1.81% to close at 32.09. Boeing Co (NYSE:BA) rose 3.07 points or 1.48% to close at 211.04. Walgreens Boots Alliance Inc (NASDAQ:WBA) rose 0.48 points or 1.41% to close at 34.63.

The least gainers were American Express Company (NYSE:AXP), which shed 1.18 points or 0.72% to end the session at 162.41. 3M Company (NYSE:MMM) was up 0.41 points (0.40%) to close at 102.78, while Visa Inc Class A (NYSE:V) was down 0.94 points (0.40%). .42%) and finished trading at 222.36.

Leading gainers among the S&P 500 index components in today's trading were Zebra Technologies Corporation (NASDAQ:ZBRA), which rose 4.39% to 309.11, Caesars Entertainment Corporation (NASDAQ:CZR), which gained 3.74 % to close at 46.87 and Paycom Soft (NYSE:PAYC), which rose 3.64% to close at 296.28.

The least gainers were Signature Bank (OTC:SBNY), which shed 22.29% to close at 0.19. Shares of SVB Financial Group (OTC:SIVBQ) shed 7.73% to end the session at 0.90. Charles Schwab Corp (NYSE:SCHW) fell 4.96% to 52.47.

The leading gainers among the components of the NASDAQ Composite in today's trading were Scynexis Inc (NASDAQ:SCYX), which rose 76.05% to 2.94, Palisade Bio Inc (NASDAQ:PALI), which gained 57.74%. , to close at 2.65, and Accelerate Diagnostics Inc (NASDAQ:AXDX), which rose 41.49% to close at 0.71.

The least gainer was mCloud Technologies Corp (NASDAQ:MCLD), which shed 49.04% to close at 0.37. Shares of G Medical Innovations Holdings Ltd (NASDAQ:GMVD) shed 38.29% to end the session at 1.66. Cyxtera Technologies Inc (NASDAQ:CYXT) dropped 34.69% to 0.42.

On the New York Stock Exchange, the number of securities that rose in price (2049) exceeded the number of those that closed in the red (937), while quotes of 75 shares remained virtually unchanged. On the NASDAQ stock exchange, 1803 companies rose in price, 1795 fell, and 166 remained at the level of the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, fell 0.52% to 19.02.

Gold futures for June delivery added 0.74%, or 14.70, to $1.00 a troy ounce. In other commodities, WTI crude for May delivery rose 1.93%, or 1.41, to $74.38 a barrel. Brent futures for June delivery rose 1.26%, or 0.98, to $78.57 a barrel.

Meanwhile, in the Forex market, EUR/USD rose 0.58% to hit 1.09, while USD/JPY shed 0.19% to hit 132.59.

Futures on the USD index fell 0.45% to 101.83.

Thomas Frank,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Thomas Frank
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Bitcoin's rally, 8 underestimated altcoins, and positive news from US crypto market

Rapid changes continue to sweep through the cryptocurrency market: Bitcoin is once again approaching its all-time highs, key altcoins are posting confident gains, and investors are exploring new profit opportunities

Natalia Andreeva 14:31 2025-08-11 UTC+2

US Market News Digest for August 11

The S&P 500 and Nasdaq indices rose by 0.78% and 0.97%, respectively. Investors are responding positively to prospects for a peaceful settlement of the conflict in Ukraine and a decline

Ekaterina Kiseleva 13:01 2025-08-11 UTC+2

Global markets edge higher: investors brace for pivotal US-Russia talks

Europe in the green: stocks advance on hopes for a peace deal and anticipation of US inflation data. Asia gains: supported by strong earnings reports and the tech sector

10:56 2025-08-11 UTC+2

Global markets are on the rise: investors are holding their breath ahead of key US-Russia talks

Europe is in the black: stocks are growing on hopes of a peace treaty and expectations of inflation in the US. Asia is growing: strong reports and the tech sector

Thomas Frank 10:56 2025-08-11 UTC+2

Pharmaceutical giant under pressure: Eli Lilly loses ground on weak news

Eli Lilly shares fall after late-stage data on oral weight-loss drug Weekly jobless claims hit highest in a month Japan's Topix index rises above 3,000 for first time Indices

Thomas Frank 07:55 2025-08-08 UTC+2

Tech leads rally: Apple commits $100 billion, S&P 500 sets records

Apple is set to announce a $100 billion investment, according to a White House spokesperson. S&P 500 earnings reports continue to exceed expectations. Tech stocks lead the rally amid strong

10:25 2025-08-07 UTC+2

Apple's $100B and S&P 500 Records as Wall Street Celebrates Tech Victory

Apple to announce $100 billion investment, White House spokesman says S&P 500 earnings reports continue to beat expectations Tech stocks lead rally amid strong U.S. corporate earnings Indices: Dow Jones

Thomas Frank 07:12 2025-08-07 UTC+2

US Market News Digest for August 6

The US stock market closed in negative territory amid investor concerns about the impact of trade tariffs on corporate earnings, including Yum Brands. The trade deficit narrowed, mainly

Ekaterina Kiseleva 12:20 2025-08-06 UTC+2

US economy slows down — tariffs hit corporate giants

Wall Street ends lower as tariff worries weigh on sentiment US stock markets closed in the red on Tuesday as investors grew increasingly concerned about the risks associated with trade

12:05 2025-08-06 UTC+2

US Economy Slows Down as Tariffs Hit Giants

U.S. stocks slipped on Tuesday as investor sentiment turned cautious following fresh warnings from major companies about the impact of trade tariffs. Yum Brands was among those pointing to tariffs

Thomas Frank 08:45 2025-08-06 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.