US Share Market Today: Dow jumps 2% to post best day in June; check top gainers and losers

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Share Market Today In The US

The US share market rebounded on Tuesday after seeing a brutal selloff last week. The Dow Jones jumped 2.15% to 30,530.25, registering its best day for the month. The S&P 500 rose 2.45% to 3,764.79, while the Tech stock heavy Nasdaq Composite gained 2.51% to 11,069.30. 

The US stock markets were closed Monday on the occasion of Juneteenth. 

Top Gainers and Losers in US Stock Market Today

Alibaba rose 4%: Alibaba gained following the rally in Chinese Internet stocks following China's "618" shopping season, expecting record sales.

Apple gained 3%: Apple jumped over positive analyst rating over strong business outlook, rally in Big Tech stocks post a brutal last week.

ARK Genomic Revolution ETF rose 3%: ARK Genomic Revolution ETF gained as underlying stocks Teladoc, Exact, Pacific Bio jumped sharply following the rebound in broad market.

ARK Innovation ETF rallied 4%: ARK Innovation ETF extended gains following the rally in underlying stocks of Roku, Teladoc, and Zoom.

Coinbase shot up 12%: Coinbase extended gains following the gains in Bitcoin along with most cryptocurrency prices over the extended weekend, 

Direxion Semiconductor ETF gained 8%: Direxion Semiconductor ETF gained following the rally in the semiconductor stocks - Nvidia, AMD and Intel.

DocuSign fell 2%: DocuSign shares witnessed fall amid concerns of weak earnings guidance, growth concerns.

Google shot up 4%: Google jumped sharply over the news of potentially working with Netflix on a big advertising deal.

Invesco QQQ ETF rose 3%: Invesco QQQ ETF rose tracking the recovery in the Tech heavy Nasdaq index post massive sell off over growth concerns.

Meta fell 4%: Meta (Facebook) fell sharply over delaying taking commission from creators to 2024, altering Ad Technology in settlement with the US govt.

Netflix fell 3%:  Netflix stock fell sharply over news around the firm preparing for another round of layoffs amid growth concerns, business restructuring.

Nu skyrocketed 11% :Nu shares gained in a broad market recovery post rate hike by US Fed - the stock had touched 1-year low last week.

NVIDIA rallied 4%: NVIDIA rallied following the recovery in the semiconductor stocks post a massive sell off after the recent interest rate hike by the US central bank.

ProShares Bitcoin Strategy ETF rallied 2%: ProShares Bitcoin Strategy ETF jumped following the recovery in Bitcoin prices over the extended weekend.

Rivian spiked 11%: Rivian jumped following a positive momentum in all electric vehicle stocks post bullish sector outlook by Morgan Stanley.

Roblox gained 9%: Roblox extended rally following the rebounding market post a massive sell off after the recent interest rate hike by the US central bank.

Tesla shot up 9%: Tesla rallied following a positive momentum in all electric vehicle stocks post bullish sector outlook by Morgan Stanley.

Twilio rose 1%: Twilio extended gains, up 8% in the last 3-days over Scotiabank's outperform rating and $215 price target for the long term.

UiPath rose 4%: UiPath shares extended gains following the broad market rally, stock still down 56% since start of year 2022.

Unity Software ended 6% higher: Unity Software shares extended gains following the broad market rally, stock still down 73% since the start of year 2022.

Upstart jumped 10%: Upstart extended gains amid a broad market rally, post a brutal fall of 37% in the last 1-month due to growth concerns, weak earnings guidance.

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