Stock Market Update: US Stock Indices Close Higher; Dow Jones Adds 0.07%

by time news

2024-01-05 23:32:40
Stocks in the United States closed higher at the end of trading on Friday, with the Dow Jones adding 0.07%. Gains in the technology, healthcare, and consumer goods sectors pulled the indices higher.

At the close of trading in New York, the S&P 500 index added 0.18%, while the Nasdaq index climbed by 0.09%.

Leading the way was Walgreens Boots Alliance, which added 3.09% to its value, while Verizon Communications gained 2.08% and Boeing added 1.65%. On the other hand, UnitedHealth Group, IBM, and McDonald’s were among the worst performers of the day.

The best performers in the S&P 500 were Catalent, Southwest Airlines, and American Airlines Group, while MSCI, Enphase Energy, and Insight were among the weakest stocks.

On the Nasdaq index, Revelstone Capital Acquisition Corp, Zoomcar Holdings Inc, and Ainos Inc were the best performers, while Dugans, Avenue Therapeutics, and Applied Therapeutics were the weakest stocks.

The number of shares that closed higher exceeded the number of shares that closed lower in trading on the New York Stock Exchange and the Nasdaq Stock Exchange.

In commodity trading, gold futures and crude oil futures both saw increases, while the EUR/USD pair maintained stability and the USD/JPY pair saw an increase.

Overall, it was a positive day for stock indices in the United States, with gains in various sectors driving the market higher at the end of the trading week.
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