Stock market after the close
Wall Street indices closed sharply higher on Thursday after a slew of strong reports from US retailers and easing fears of an overly aggressive interest rate hike by the Federal Reserve stoked investors' interest in buying stocks.
At the close on the New York Stock Exchange, the Dow Jones was up 1.61 per cent, the S&P 500 Index was up 1.99 per cent and the Nasdaq Composite Index was up 2.68 per cent.
So, such companies closed on the plus side in yesterday's trading: Boeing (NYSE: BA) +4.65%, Nike (NYSE: NKE) +4.38%, Ichor Systems (NASDAQ: ICHR) +8.41%, Crossamerica Partners (NYSE: CAPL) +2. 97%, Movado (NYSE: MOV) +14.30%, Xponential Fitness (NYSE: XPOF) +4.78%, NeoPhotonics (NYSE: NPTN) +1.05%, Ceva Inc. (NASDAQ: CEVA) +5.82%, Clearfield (NASDAQ: CLFD) +3.22%, Genesco (NYSE: GCO) +8.01%, Blucora Inc. (NASDAQ: BCOR) +4.62%.
However, such companies closed down in yesterday's trading: Merck and Company (NYSE: MRK) -1.54%, Johnson and Johnson (NYSE: JNJ) -0.09%, Keros Therapeutics (NASDAQ: KROS) -1. 59%, Anterix Inc. (NASDAQ: ATEX) -0.83%, Phibro Animal Health (NASDAQ: PAHC) -0.37%, Nuvation Bio (NYSE: NUVB) 1.42%, Perdoceo Education (NASDAQ: PRDO) -2.72%, Playstudios (NASDAQ: MYPS) -4.49%, Organogenesis (NASDAQ: ORGO) -1.92%.
It is worth noting that on NYSE, the number of securities that went up (2,647) exceeded the number that closed in the red (555), while the quotation of 95 stocks remained practically unchanged. On Nasdaq, 2,849 companies gained in value, while 986 declined and 217 remained flat at the previous close.
Also, WTI crude futures for July delivery rose 3.35%, or 3.70, to $114.03 per barrel. August Brent crude futures rose 2.78%, or 3.09, to $114.21 per barrel.
