Karolyn Rabago
Sep 12, 2023 - 05:40

U.S. stocks close higher; Dow Jones Industrial Average up 0.25%

Tesla, CVS Health, and Qualcomm were the top performers on the S&P 500, while Rtx Corp, JM Smucker Company, and Newell Brands were the worst performers. Rising stocks outnumbered declining ones on the NYSE and Nasdaq. Shares in Rtx Corp, JM Smucker Company, Walgreens Boots Alliance, Intel Corporation, Tenon Medical, Crinetics Pharmaceuticals, and Solowin Holdings either reached 52-week lows or all-time lows. The CBOE Volatility Index was down, while gold futures and crude oil prices fluctuated.

In the world of stock markets, there were both winners and losers on the S&P 500. The top performers included Tesla Inc, CVS Health Corp, and Qualcomm Incorporated. Tesla Inc saw a significant rise of 10.09%, closing at 273.58. CVS Health Corp also experienced a positive increase of 4.43% and settled at 68.75. Qualcomm Incorporated gained 3.90% and closed at 110.28.

On the other hand, there were also some disappointing performances. Rtx Corp was the worst performer, experiencing a decline of 7.87% and settling at 76.91. JM Smucker Company also saw a decrease of 6.98% and settled at 131.70. Newell Brands Inc was down 6.04% and closed at 9.34.

Looking at the broader picture, there were more rising stocks than declining ones on the New York Stock Exchange. The ratio was 1607 to 1293, with 96 ending unchanged. The Nasdaq Stock Exchange had 1779 falling stocks and 1708 advancing ones, with 131 ending unchanged.

Several companies saw significant movements in their stock prices. Rtx Corp and JM Smucker Company both reached their 52-week lows, with Rtx Corp falling 7.87% to 76.91 and JM Smucker Company falling 6.98% to 131.70. Walgreens Boots Alliance Inc also reached a 5-year low, losing 2.55% and settling at 21.43. On the other hand, Intel Corporation reached its 52-week high, gaining 1.53% and closing at 38.59. Tenon Medical Inc experienced an all-time low, falling 42.71% to 0.14. Crinetics Pharmaceuticals Inc, on the other hand, reached its 52-week high, gaining 63.31% and closing at 26.08. Solowin Holdings Ltd reached an all-time low, losing 33.20% and settling at 3.28.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, saw a slight decrease of 0.29% to 13.80.

In the world of commodities trading, gold futures for December delivery saw a small increase of 0.14% or 2.75 to $1,945.45 per troy ounce. Crude oil for delivery in October experienced a decrease of 0.26% or 0.23, reaching $87.28 per barrel. The November Brent oil contract also saw a slight decrease of 0.07% or 0.06, trading at $90.59 per barrel.