US Market Today: Geopolitical tensions between US-China dragged the US market, Dow Jones fell 1.2%

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

  • US Stocks ended in red over geopolitical tensions between US-China. Dow fell 1.2%, SP 500 down 0.7%, and Nasdaq ended 0.2% lower.
  • All sector stocks fell with real estate and financial stocks losing the most.
  • Defence companies Raytheon, Lockheed Martin, Northrop Grumman, and L3Harris gained amid the geopolitical tension between US, China over Taiwan.

US Most Active Stocks Today

Airbnb jumped 5%Airbnb share price gained sharply after solid quarterly earnings, bookings hit record high as travel recovers.
AMD jumped 3%AMD share price jumped ahead of its earnings release, Stock is down 7% in post-market trading due to weak business forecast.
ARK Innovation ETF jumped 3%ARK Innovation ETF price rallied on the back of sharp gains in the underlying shares of Coinbase, Roku and Shopify.
Cloudflare spiked 4%Cloudflare share price rallied ahead of earnings release, anticipation of higher revenue growth in June quarter.
Coinbase jumped 7%Coinbase share price rallied sharply as it introduced staking to more customers.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF jumped 1%Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF jumped following the gains in energy stock after oil price rose.
Ford fell 1%Ford share price witnessed profit booking after rising 19% in last 5-days, Citi and Morgan Stanley raised target share price post solid business growth in June quarter.
Freshworks jumped 4%Freshworks share price spiked after releasing solid revenue growth, narrowing losses for June quarter.
HP fell 3%HP share price fell amid weakness in industrial stocks, weak business growth anticipated over recession concerns.
Hycroft Mining Holding Corporation crashed 9%Hycroft Mining Holding Corporation share price crashed sharply along with other metal stocks post weak earnings forecast by industry leader Caterpillar.
Intel fell 3%Intel share price fell after global broker UBS removed it from the list of Top Picks from Tech stocks.
Molecular Data skyrocketed 38%Molecular Data share price jumped sharply over rally in specially chemical stocks.
Shopify rose 4%Shopify share price extended gains post announcing a $100 million strategic investment in marketing automation startup Klaviyo.
Twilio rose 3%Twilio share price jumped following a positive rating by Jefferies and a $110 share price target.
Uber surged 19%Uber share price jumped post solid revenue growth, plans to turn profitable this year.
Udemy fell 3%Udemy share price fell ahead of earnings release, weak profit growth anticipated.
Unity jumped 5%Unity share price extended gains over news of Arizona State Retirement System increasing its position in the stock.
Workhorse jumped 11%Workhorse share price jumped sharply ahead of its earnings release next week, EV supply constraints to be watched.
  • Why did Defence stocks jump yesterday?

  • Which sector's stocks dragged the US stock market?

  • Why did Uber jump 19% on Tuesday?

  • Why did HP share price fall 3%?

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