In Thursday’s trading session, US stocks maintained their upward momentum, buoyed by anticipation surrounding a second consecutive day of pivotal testimony from Federal Reserve Chair Jerome Powell.
Here’s a snapshot of the market data at the close:
– S&P 500 ($SPX) closed at 5,160.40, up by 55.64 points (+1.09%)
– DJIA ($DJI) ended at 38,819.68, marking an increase of 158.63 points (+0.41%)
– NYSE ($NYA) concluded at 17,937.86, rising by 136.82 points (+0.77%)
– NASDAQ ($COMPX) saw a notable climb, closing at 16,282.56, up by 251.02 points (+1.57%)
– NYSE MKT ($XAX) finished at 4,612.87, advancing by 42.48 points (+0.93%)
– Russell 2000 ($RUT) closed at 2,083.88, showing a gain of 15.80 points (+0.76%)
– Dow Jones Total Stock Market ($DWCF) ended the day at 51,463.87, up by 538.48 points (+1.06%)
– S&P 400 Mid Cap ($MID) concluded at 2,968.38, increasing by 27.89 points (+0.95%)
Among the notable movers today were:
Canoo Inc (GOEV): Closed at $0.10, marking a change of +0.01 or (13.02%) with a volume of 132.3M shares traded.
Rivian Automotive Inc (RIVN): Ended at $12.64, up by +1.61 or (14.55%) with a trading volume of 131.7M shares.
New York Community Bancorp Inc (NYCB): Closed at $3.63, showing a change of +0.17 or (4.77%) with a volume of 122.1M shares.
Palantir Technologies Inc (PLTR): Concluded at $26.57, adding +0.41 or (1.55%) with a trading volume of 104.7M shares.
Tesla Inc (TSLA): Ended at $179.45, rising by +2.91 or (1.65%) with a volume of 91.2M shares.
SoundHound AI Inc (SOUN): Closed at $5.75, up by +0.71 or (13.99%) with a volume of 78.1M shares traded.
The market showcased resilience amidst ongoing economic developments, with specific attention on key players such as Canoo, Rivian, and SoundHound AI experiencing significant movements throughout the trading day. The sustained upward momentum of US stocks underscores the market’s resilience and investors’ confidence amidst ongoing economic dynamics and regulatory developments.
