Forex Analysis & Reviews: US stocks closed higher, Dow Jones up 0.76%
time 24.01.2023 05:55 AM
time Relevance up to, 25.01.2023 05:55 AM

This image is no longer relevant

At the close of the New York Stock Exchange, the Dow Jones rose 0.76%, the S&P 500 rose 1.19%, and the NASDAQ Composite rose 2.01%.

Shares of Intel Corporation led the way among the components of the Dow Jones index today, up 1.05 points or 3.59% to close at 30.27. Salesforce Inc rose 4.62 points or 3.05% to close at 155.87. Apple Inc rose 2.35% or 3.24 points to close at 141.11.

The least gainers were Procter & Gamble Company, which shed 1.92 points or 1.34% to end the session at 141.05. Verizon Communications Inc was up 0.93% or 0.37 points to close at 39.63 while Amgen Inc was down 0.86% or 2.27 points to close at 260. 97.

Leading gainers among the components of the S&P 500 in today's trading were Advanced Micro Devices Inc, which rose 9.22% to hit 76.53, Western Digital Corporation, which gained 8.66% to close at 41.79. as well as shares of Tesla Inc, which rose 7.74% to end the session at 143.75.

The least gainers were Xylem Inc, which shed 7.95% to close at 101.42. Shares of SBA Communications Corp shed 3.55% to end the session at 286.27. Schlumberger NV fell 2.60% to 55.86.

Leading gainers among the components of the NASDAQ Composite in today's trading were Gbs, which rose 293.13% to hit 1.03, Helbiz Inc, which gained 109.13% to close at 0.43, and VERB TECHNOLOGY COMPANY INC, which rose 69.65% to end the session at 0.39.

The least gainers were Catalyst Pharmaceuticals Inc, which shed 29.04% to close at 14.76. Shares of Atlis Motor Vehicles Inc shed 25.11% to end the session at 3.40. Quotes of Ontrak Inc decreased in price by 21.23% to 0.83.

On the New York Stock Exchange, the number of securities that rose in price (2196) exceeded the number of those that closed in the red (841), while quotes of 122 shares remained virtually unchanged. On the NASDAQ stock exchange, 2362 companies rose in price, 1346 fell, and 201 remained at the level of the previous close.

The CBOE Volatility Index, which is based on S&P 500 options trading, fell 0.20% to 19.81.

Gold futures for February delivery added 0.23%, or 4.35, to hit $1.00 a troy ounce. In other commodities, WTI crude for March delivery rose 0.01%, or 0.01, to $81.65 a barrel. Futures for Brent crude for March delivery rose 0.57%, or 0.50, to $88.13 a barrel.

Meanwhile, in the Forex market, the EUR/USD pair remained unchanged 0.15% to 1.09, while USD/JPY rose 0.84% to hit 130.65.

Futures on the USD index rose by 0.01% to 101.79.

Thomas Frank,
Analytical expert of InstaForex
© 2007-2023
Euro vs US Dollar
Select timeframe
Start trade
Start trade

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

  • Grand Choice
    Contest by
    InstaForex always strives to help you
    fulfill your biggest dreams.
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
  • 30% Bonus
    Receive a 30% bonus every time you top up your account

Recommended Stories

Oil prices edge up, and Russia transfers record volumes on high seas

Oil is steadily rising in trading on Thursday amid expectations of increased demand. The easing of some quarantine restrictions in China promises the market a recovery in consumption this year

Natalia Andreeva 22:52 2023-01-26 UTC+2

Winter for the dollar, summer for the euro: USD doesn't know how to get out of the pit

The dollar is still stuck in the financial pit. The greenback fell to an 8-month low on Thursday, once again yielding to the euro. Market participants expect

Larisa Kolesnikova 08:14 2023-01-26 UTC+2

US stock market closed mixed, Dow Jones up 0.03%

The US stock market ended Wednesday's trading in different directions due to the strengthening of the telecommunications, consumer services and finance sectors. The market demonstrates against the backdrop of negative

Thomas Frank 04:16 2023-01-26 UTC+2

The pound is resisting the downturn

The British currency successfully resists the downtrend, although the periodical GBP slump gives investors a reason to be pessimistic. However, sterling refuses to stand still. At the beginning

Larisa Kolesnikova 08:42 2023-01-25 UTC+2

USD/JPY: Every day is the last

Every day the dollar-yen asset feels the approaching end and tries to postpone it in every way possible. This week, the greenback and the yen are showing an unquenchable thirst

Аlena Ivannitskaya 08:36 2023-01-25 UTC+2

GBP/USD. The pound is having a nervous breakdown, but not for long

The pound is unstable on Tuesday as markets wager on the past and upcoming events. The risk of Britain's slide into recession has worsened the pound's prospects ahead

Anna Zotova 22:47 2023-01-24 UTC+2

Japanese and Australian indicators continue to rise

The Japanese and Australian indices were up to 1.6%. The Australian S&P/ASX 200 gained 0.45% and the Japanese Nikkei 225 added 1.59%. In China, Hong Kong, and Korea, exchanges

15:18 2023-01-24 UTC+2

USD/JPY struggles to maintain balance

USD/JPY is trying to maintain its balance, but few are confident in the US dollar's position. It is only a matter of time before USD slips and drops down

Аlena Ivannitskaya 07:51 2023-01-24 UTC+2

Is the euro going backwards? It's not the dollar's fault

The "adventures" of the European currency continue: the markets are closely watching its values, having switched from the greenback for a while. The latter is also experiencing some volatility

Larisa Kolesnikova 07:40 2023-01-24 UTC+2
Can't speak right now?
Ask your question in the chat.