empty
21.04.2023 04:18 AM
US stock market closes down, Dow Jones falls by 0.33%

This image is no longer relevant

Investors also continue to monitor the earnings season. On Wednesday, after the market closed, Tesla released its financial results for the last quarter. The company reported a 24% drop in profits and attributed this to a reduction in electric vehicle prices. Tesla shares are down 7.5%.

At the close of the New York Stock Exchange, the Dow Jones fell by 0.33%, the S&P 500 index dropped by 0.60%, and the NASDAQ Composite index fell by 0.80%.

Among the growth leaders in the Dow Jones index components at the end of today's trading were shares of Walgreens Boots Alliance Inc (NASDAQ:WBA), which rose by 0.54 points (1.55%), closing at 35.37. Visa Inc Class A (NYSE:V) quotes increased by 2.03 points (0.87%), ending the trading session at 234.60. Johnson & Johnson (NYSE:JNJ) shares rose in price by 1.05 points (0.65%), closing at 163.58.

The least gainers were shares of Verizon Communications Inc (NYSE:VZ), whose price fell by 1.41 points (3.65%), finishing the session at 37.19. Cisco Systems Inc (NASDAQ:CSCO) shares rose by 1.46 points (3.04%), closing at 46.58, while The Travelers Companies Inc (NYSE:TRV) fell in price by 3.31 points (1.81%) and ended trading at 179.26.

Among the growth leaders in the S&P 500 index components at the end of today's trading were shares of Snap-On Inc (NYSE:SNA), which rose by 7.97% to 258.89, Lam Research Corp (NASDAQ:LRCX), which gained 7.23%, closing at 526.52, and shares of DR Horton Inc (NYSE:DHI), which increased by 5.64%, ending the session at 107.60.

The least gainers were shares of SVB Financial Group (OTC:SIVBQ), which fell in price by 18.10%, closing at 0.76. Shares of Signature Bank (OTC:SBNY) lost 15.98% and ended the session at 0.16. AT&T Inc (NYSE:T) quotes decreased in price by 10.41% to 17.65.

Among the growth leaders in the NASDAQ Composite index components at the end of today's trading were shares of Augmedix Inc (NASDAQ:AUGX), which rose by 88.89% to 3.40, United Insurance Holdings Corp (NASDAQ:UIHC), which gained 62.42%, closing at 2.68, and shares of Cns Pharmaceuticals Inc (NASDAQ:CNSP), which increased by 48.02%, ending the session at 2.62.

The least gainers were shares of Windtree Therapeutics Inc (NASDAQ:WINT), which fell in price by 57.68%, closing at 2.37. Shares of Bed Bath & Beyond Inc (NASDAQ:BBBY) lost 35.34% and ended the session at 0.30. Quotes of Via Renewables Inc (NASDAQ:VIA) decreased in price by 27.75% to 13.25.

At the New York Stock Exchange, the number of depreciated stocks (1887) exceeded the number of those closing in the positive (1053), while quotes for 105 shares remained virtually unchanged. On the NASDAQ stock exchange, shares of 2321 companies became cheaper, 1258 increased, and 183 remained at the previous closing level.

The CBOE Volatility Index, which is formed based on trading indicators for options on the S&P 500, rose by 4.31% to 17.17.

Gold futures for June delivery added 0.48%, or 9.65, reaching $2.00 per troy ounce. As for other commodities, prices for WTI crude oil futures for June delivery fell by 2.64%, or 2.09, to $77.15 per barrel. Brent crude oil futures for June delivery fell by 2.78%, or 2.31, to $80.81 per barrel.

Meanwhile, in the Forex market, the EUR/USD pair did not change significantly, up 0.12% to 1.10, while the USD/JPY quotes fell by 0.33%, reaching the 134.24 level.

The USD index futures dropped by 0.13% to 101.53.

Thomas Frank,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
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

US Market News Digest for June 27

Major US stock indices ended the week with solid gains. The Dow Jones and Nasdaq each rose by 1%, while the S&P 500 climbed by 0.8%. Broad investor participation points

Ekaterina Kiseleva 12:56 2025-06-27 UTC+2

Nike lifts Adidas, Puma, JD Sports: The report that changed the day

Indices rise: Dow 0.94%, S&P 500 0.80%, Nasdaq 0.97% Bank stocks rise as Fed proposes to ease leverage rules Nike results lift Adidas, Puma, JD Sports Knorr Bremse falls

Thomas Frank 12:24 2025-06-27 UTC+2

US Market News Digest for June 26

Trump pushes S&P 500 toward record highs Donald Trump is fueling gains in the S&P 500, driving the index toward all-time highs amid political stability and market optimism. However, analysts

Ekaterina Kiseleva 13:07 2025-06-26 UTC+2

Markets are shaky: some are falling, others are flying — what's happening with Tesla, FedEx and Micron stocks

Tesla falls as European sales continue to slump FedEx, General Mills shares fall after disappointing profit forecasts Micron Technology jumps in extended trading after quarterly results Indices: Dow down 0.25%

Thomas Frank 09:38 2025-06-26 UTC+2

Markets Delighted by Fed Inaction: Nasdaq 100 at All-Time High

Indices Rise: Dow 1.19%, S&P 500 1.11%, Nasdaq 1.43% Nasdaq 100 Hits Record Closing High Fed Chair Powell Reiterates 'Wait and See' Approach to Rate Cuts, Tariffs Broadcom Hits Record

Thomas Frank 15:16 2025-06-25 UTC+2

US Market News Digest for June 25

AI enthusiasm fuels market gains US stocks continue their steady climb despite persistent geopolitical risks and trade tensions. The Nasdaq 100 hit a new record high amid strong demand

Ekaterina Kiseleva 12:38 2025-06-25 UTC+2

Iran-Israel peace hint rattles markets: What's happening to oil, gold and currencies

Crude oil prices slip, retreating from multi-month highs after Iran retaliates Wall Street stocks close higher, European shares fall Dollar rises against yen, falls against franc; euro recovers European stocks

Thomas Frank 14:00 2025-06-24 UTC+2

US Market News Digest for June 24

The S&P 500 and other benchmark indices have kicked off the new trading week with positive momentum, supported by technical indicators. The uptick follows a strong signal from the Marlin

Ekaterina Kiseleva 12:59 2025-06-24 UTC+2

Iran attacks exacerbate oil crisis: S&P 500 freezes ahead of key US data

US attacks on Iran raise concerns about oil, retaliation S&P 500 near February highs but showing signs of stagnation Rising oil prices raise concerns about inflation, Fed policy Investors look

Thomas Frank 12:44 2025-06-23 UTC+2

US Market News Digest for June 23

Geopolitical tensions weigh on markets Investors remain cautious amid escalating Middle East tensions, awaiting potential Iranian retaliation. While market reactions have been muted so far, further conflict escalation could trigger

Ekaterina Kiseleva 12:31 2025-06-23 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.