The First Slice for Tuesday, May 7, 2024
The stock market saw a positive surge on Monday, with the U.S. stocks closing higher, particularly in sectors like Technology, Consumer Services, and Financials. The Dow Jones Industrial Average rose by 0.46%, the S&P 500 index added 1.03%, and the NASDAQ Composite index climbed 1.19%.
Key players in the market included Walt Disney Company, which experienced a notable increase of 2.47%, and Microsoft Corporation, which saw a rise of 1.69%. However, some companies faced declines, such as Amgen Inc. and Apple Inc.
Among the top performers on the S&P 500 were Super Micro Computer Inc., American Airlines Group, and Quanta Services Inc., while Tyson Foods Inc. and Walgreens Boots Alliance Inc. experienced declines.
On the NASDAQ Composite, Holdco Nuvo Group DG Ltd, XBP Europe Holdings Inc, and Plutonian Acquisition Corp stood out as top performers. At the same time, Lyra Therapeutics Inc, GlycoMimetics Inc, and Eyepoint Pharmaceuticals Inc faced significant losses.
Overall, rising stocks outnumbered declining ones on the New York Stock Exchange and the Nasdaq Stock Exchange. Notable movements included Quanta Services Inc. reaching all-time highs and Walgreens Boots Alliance Inc. hitting five-year lows.
In commodity trading, Gold Futures and Crude oil prices increased, while the EUR/USD remained unchanged and the USD/JPY rose slightly………..
[read more]
*Click on the “First Slice” icon to read the full article. After you read it, come back and tell us your thoughts.
☕️ **Discover Stone Street Coffee Company – Your Coffee Haven!**
Today’s Dough readers, if you’re on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today’s Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street’s commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟
Share this content:
