US Market Today: Energy stocks decline, Nasdaq ends lower

u.s. stock market news today
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What happened in the US stock market today?

  • US stocks started the week on a negative note with S&P 500 down 0.3%, Nasdaq down 0.2% and Dow ended 0.1% lower. 
  • Energy stocks fall sharply with ExxonMobil down 2.5%, driven by falling crude oil prices.
  • US manufacturing showed signs of easing supply constraints, the activity slowed lesser-than-anticipated in July.

US Most Active Stocks Today

AMD jumped 2%AMD share price jumped ahead of its earnings release today, analysts expect a solid momentum of chip-maker's growth to continue.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF fell 4%Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF fell following the weakness in energy stock after oil price fell sharply.
Ford jumped 4%Ford share price extended gains post reporting solid quarterly earnings, anticipation of large dividend and focus on EV business.
Hycroft Mining Holding Corporation jumped 13%Hycroft Mining Holding Corporation share price jumped sharply over the news of buying a reputed hedge fund - Truist Financial Corp.
Nio jumped 2%Nio share price rallied on the back of expansion plans into Europe this September.
Nu fell 4%Nu share price fell sharply over fears of slowdown in business expansion over economic degrowth.
NVIDIA rose 2%NVIDIA share price jumped along with other semiconductor stocks ahead of earnings release by industry leader AMD.
Procter & Gamble up 3%Procter & Gamble share price witnessed short-covering after falling last week over weak earnings and lower growth forecasts.
ProShares Bitcoin Strategy ETF fell 4%ProShares Bitcoin Strategy ETF fell tracking the weakness in the prices and volumes of Bitcoin.
Qualcomm up 2%Qualcomm share price jumped along with other semiconductor stocks ahead of earnings release by industry leader AMD.
Roblox skyrocketed 5%Roblox share price jumped post very favorable commentary by analysts about gaming business growth, profit margin expansion.
Shopify rose 5%Shopify share price rallied post announcing a strategic investment in music and creative-focused app 'Single', launching token gated commerce and features.
Twilio rose 3%Twilio share price jumped following a positive rating by Jefferies and a $110 share price target.
Uber surged 5%Uber share price jumped ahead of earnings release today, lower loss anticipated in June quarter.
Unity jumped 4%Unity share price jumped over news of Arizona State Retirement System increasing its position in the stock.
Workhorse jumped 7%Workhorse share price jumped sharply ahead of its earnings release next week, EV supply constraints to be watched.

Check out the latest earnings and major news on US Stocks: 

FAANG+ stocks drove the US market last week!

Stock Market This Week (US): Big Tech earnings, GDP fall and Fed rate hike drive the markets

Apple Q3 Results 2022: Revenue and Profit beat estimates, Dividend announced

Amazon Q2 Results 2022: Revenues Increase, Beat Estimates

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