US Share Market Today: Dow ends lower to start week on a tepid note; check top gainers and losers

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Share Market Today In The US

US stocks closed lower on Monday after posting a major rebound last week from this year’s huge declines. Wall Street is on-track to wrap up the worst first half for stocks in decades. The Dow Jones closed 0.2% at 31,438.26. The S&P 500 dropped 0.3% to 3,900.11, and the Nasdaq Composite lost 0.7%, falling to 11,524.55.

Top Gainers and Losers in US Stock Market Today

Airbnb down 2%: Airbnb fell over news of some large investors such as State of Alaska Department of Revenue, Coastal Investment Advisors sold shares in the open market.

AMC Entertainment rallied 13%: AMC Stock rallied over positive sentiment in Media stocks on the back of solid box-office performance of "Top Gun: Maverick," movie - crossing $1 billion revenue.

Apple ended flat: Apple ended flat despite news around Crypto.com adding Apple Pay as a payment option for US investors.

ARK Genomic Revolution ETF fell 2%: ARK Genomic Revolution ETF declined as underlying stocks Teladoc, Exact, Pacific Bio fell.

ARK Innovation ETF fell 2%: ARK Innovation ETF dropped following the decline in underlying growth stocks of Roku, UiPath, Teladoc, and Zoom.

Cloudflare sank 5%: Cloudflare crashed following the weak sentiments in growth stocks due to growth concerns.

Coinbase crashed 11%: Coinbase fell following the decline in the prices of cryptocurrencies, cut in target share price, profit booking after the rally last week.

Direxion Daily S&P Oil & Gas Exp. & Prod. jumped 9%: Direxion Daily S&P Oil & Gas Exp. & Prod. jumped as the underlying energy stocks of Chevron, Phillips 66, and Exxon Mobil witnessed gains.

DocuSign declined 4%: DocuSign witnessed profit booking amid weak sentiments in the tech & growth stocks, stock still up 9% in last 1-week.

Google sank 2%: Google witnessed profit booking amid weak sentiments in the tech stocks, stock still up 7% in last 1-week.

Nike fell 2%: Nike lost over weak business outlook declared during the earnings amid supply chains and China's covid lockdown concerns.

ProShares Bitcoin Strategy ETF fell 2%: ProShares Bitcoin Strategy ETF fell tracking the fall in the prices of Bitcoin.

Qualcomm gained 2%: Qualcomm gained following a victory against Apple over a patent challenge in US Supreme Court.

Rivian ended 4% lower: Rivian stock priced crashed due to cut in share price targets over supply chain troubles, Shanghai shutdowns.

Robinhood shot up 14%: Robinhood share skyrocketed over news around crypto exchange FTX considering acquiring the trading platform.

Shopify dropped 3%: Shopify shares fell amid profit booking ahead of its 10-for-1 stock split, stock still up 16% since last 1-week.

Snowflake fell 2%: Snowflake shares witnessed profitbooking following a weak sentiment in tech stocks, stock still up 21% in last 1-week.

Square lost 2%: Square shares witnessed profitbooking following a weak sentiment in growth stocks, stock still up 16% in last 1-week.

Tesla ended flat: Tesla share price ended flat following the cut in share price targets over supply chain troubles, Shanghai shutdowns.

UiPath lost 3%: UiPath shares fell over news around a plan to cut 5% of its workforce as part of restructuring plan.

  • What happened in the US market?

  • How has the US market fared in the first half of 2022?

  • Which sectors fell in the US market?

  • Any stocks specific action?

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