US stock indices close mixed as Dow Jones reaches all-time high

by time news

2024-01-02 23:31:43
US Stocks Mixed; Dow Jones Adds 0.07% as Sectors Propelled Indexes Higher and Lower

On Tuesday, the stock indices in the United States closed with a mixed trend, as gains in certain sectors propelled the indexes higher, while others led to decreases. At the close of trading in New York, the Dow Jones index rose by 0.07%, reaching a new all-time high. Meanwhile, the S&P 500 fell by 0.57% and the Nasdaq declined by 1.63%.

Leading stocks today in the Dow Jones index included Merck & Co. (NYSE: ) stock, which added 3.89%, Amagen (NASDAQ: ) added 3.25%, and Verizon Communications (NYSE: ) added 3.13%. On the other hand, Intel (NASDAQ: ), Apple (NASDAQ: ), and Boeing (NYSE: ) were among the worst performers, with all three seeing significant declines in their stock prices.

In the S&P 500, the best performers were Moderna (NASDAQ:), Viatris (NASDAQ:), and Las Vegas Sands (NYSE:), while Norwegian Cruise Line (NYSE: ), Royal Caribbean Cruises (NYSE: ), and Carnival (NYSE: ) were among the weakest stocks.

The best performers in the NASDAQ index were Longboard Pharmaceuticals (NASDAQ:), Akso Health Group DRC (NASDAQ:), and Dugans (NASDAQ:), while Envax Life Sciences (NASDAQ:), China SXT Pharmaceuticals (NASDAQ:), and MOBIX LABS, INC. (NASDAQ:)‎ were among the weakest stocks.

Additionally, the number of declining stocks exceeded the number of stocks that closed higher in trading on the New York Stock Exchange and the Nasdaq Stock Exchange.

In commodity trading, gold and crude oil futures recorded decreases, while the EUR/USD pair lost 0.95% and the USD/JPY pair completed a 0.79% gain.

Overall, the stock indices in the United States traded with a mixed trend, reflecting the complex and varied movements across different sectors and stocks.
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