US Market today: Why did Coinbase rally? US stocks ended mixed, Crude oil prices fall

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US stock market news today

What happened in the US stock market today?

  • US Stocks ended mixed ahead of employment data release. Dow slipped 0.3%, S&P ended 0.1% lower whereas Nasdaq gained 0.4%. 
  • Energy stocks including Exxon Mobil and Chevron Corp fell as crude oil prices fell to pre Russia Ukraine war levels.

US Most Active Stocks Today

ARK Genomic Revolution ETF jumped 2%ARK Genomic Revolution ETF price jumped sharply over the gains in underlying stocks of Pacific, Ionis and Exact Bio.
ARK Innovation ETF rose 1%ARK Innovation ETF price rose following the gains in underlying growth stocks of Coinbase, Roku and Square.
Coinbase skyrocketed 10%Coinbase share price gained on the back of a deal to provide access to crypto trading and custody services to institutional clients of BlackRock - world’s largest asset manager.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF fell 9%Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares ETF price fell tracking the loss in the energy stocks over falling oil prices.
Direxion Daily Semiconductor Bull 3X ETF jumped 2%Direxion Daily Semiconductor Bull 3X ETF gained following the gains in chip stocks of AMD, Nvidia and Qualcomm.
Direxion Daily Technology Bull 3X ETF rose 1%Direxion Daily Technology Bull 3X ETF rallied following the gains in underlying tech stocks of Visa, Nvidia and Mastercard.
Facebook (Meta) rose 1%Facebook (Meta) share price extended over news of the firm trying to raise money from Bonds sale.
Freshworks jumped 2%Freshworks share price extended gains after reporting solid growth in June-quarter, robust business growth outlook for 2nd half of year 2022.
Invesco NASDAQ 100 ETF jumped 1%Invesco NASDAQ 100 ETF price rallied sharply tracking the gains in Amazon, Nvidia and Adobe.
Nu jumped 5%Nu share price extended gains post buying by hedge funds, solid revenue growth anticipation ahead of earnings next week.
ProShares Bitcoin Strategy ETF crashed 5%ProShares Bitcoin Strategy ETF (BITO) price fell sharply tracking the losses in Bitcoin prices and trading volumes.
ProShares Ultra Semiconductors jumped 4%ProShares Ultra Semiconductors ETF price jumped following the gains in chip stocks of Marvell, Texas Instruments and Broadcom.
Robinhood rose 6%Robinhood share price extended gains over the anticipation of passing a crypto regulation bill in US senate, narrowing losses in June quarter.
Toyota crashed 4%Toyota share price fell sharply after reporting a 42% fall in profits due to rising input costs and supply chain troubles.
UiPath jumped 2%UiPath share price extended gains over acquisition of London-based NLP startup Re:infer.
Upstart lost 3%Upstart share price fell on the back of profit-booking, stock still up 17% in last 1-week.
Walmart fell 4%Walmart share price fell sharply driven by news of layoffs and cut in profit outlook for remaining half of year 2022.
WeWork lost 9%WeWork share price fell sharply post reporting losses in June quarter, missing revenue growth estimates.
  • Why did Energy stocks decline?

  • Why did WeWork stock fall?

  • Why did Coinbase gain yesterday?