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A downbeat US market slows again this Wednesday: Amazon -1.48%, AMD -3.21%, and Goldman Sachs -2.12%

Amelia Young by Amelia Young
June 9, 2022
in US Stocks
0

Home » A downbeat US market slows again this Wednesday: Amazon -1.48%, AMD -3.21%, and Goldman Sachs -2.12%

NEW YORK, June 8 (FintechZoom): Tuesday in green for the US market. All major indices went up, pushed from a positive day for the majority of the stocks, and pulled up from energy. The S&P fell 0.9%, NASDAQ slipped 0.73%, and Dow Jones Industrial Average down by 0.81%.

A mixed day for the tech stocks which were uncertain about the trend to follow and then some closed in the green while others lost a few points. In details stocks from the the tech sector performance was: Microsoft and Meta, respectively -0.77% and +0.51%: Amazon (-1.48%), Snap (-0.72%), and Netflix (+2.12%), Google (+0.01%), Paypal (-1.22%) and Twitter +0.77%, Apple -0.47%.

Chipset producers AMD and NVIDIA respectively went down by -3.21% and -1.45%.

Smart mobility has Lyft that signed a +2.44% and Uber Technologies went up by +2.09% for the third day in a row.

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The energy sector was down this Wednesday. In brief the energy sector: BP reported a -0.20% Baker Hughes (-0.45%), APA(-0.43%), Devon Energy Corporation (-0.14%) Schlumberger NV (+1.31%), Halliburton (+1.03%).

The financial services sector instead closed in the red: Signature Bank and Citigroup closed respectively at -1.06% and -1.32%. All the others followed this downward trend: Visa (-0.47%) and American Express (-1.62%), JPMorgan Chase (-1.59%), Morgan Stanley (-2.50%), Goldman Sachs -2.12%.

Finally, this Wednesday, airlines have lost a few percentage points, with interesting price fluctuation: Boeing lost -0.85%, United Airlines up (-3.98%), Alaska Air Group (-2.47%), and American Airlines (-3.24%).

Most traded stocks:

  • AMD  -3.99% 64.55M
  • Alibaba ADR  10.70% 56.15M
  • Amazon.com  -1.75% 38.11M
  • Apple  -0.81% 34.03M
  • NVIDIA  -1.70% 24.46M

Top Gainers of US Stocks

  • HeartCore Enterprises  170.59%
  • Very Good Food Company  69.05%
  • Redbox Entertainment  60.36%
  • Quotidiano  42.11%
  • Imperial Petroleum  33.42%

Top Losers of US Stocks

  • Integrated Media Tech  -65.72%
  • Rigel  -56.82%
  • Loyalty Ventures  -46.60%
  • Accelerate Diagnostics  -22.98%
  • Cosmos Holdings  -23.17%
Amelia Young

Amelia Young

She established her career with The New York Times and shifted to The Wall Street Journal in 2017.

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The European Central Bank on Thursday affirmed its purpose to hike interest rates

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Eurostoxx and major indices down:  Deutsche Post -3.67%, Schroders -3.23%, Allianz -2.45%

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Asia & Pacific mainly up: Nikkei 225 +1.04%, HSI +2.24% and Shanghai +0.68%

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