US Stock Market Closes Mixed as Nasdaq Rises

On the 25th (local time), the U.S. stock market closed mixed due to Nasdaq’s lone rise. According to Market Watch and CNBC, the NASDAQ closed at 18,518.61 on the New York Stock Exchange (NYSE) on this day, up 103.12 points (0.56%) from the previous day.

The Nasdaq’s rise was largely responsible for the increase in technology stocks. Nvidia closed at $141.54 per share, up 0.80% from the previous day, and Metaplatforms closed at $573.25, up 0.96%. Stocks such as Amazon and Microsoft also rose.

On the other hand, the Dow Jones Industrial Average and Standard & Poor’s (S&P) 500 index fell. The Dow fell 259.96 points (0.61%) from the previous day, closing at 42,114.40. The S&P 500 index also fell slightly by 1.74 points (0.03%) from the previous day, closing at 5808.12.

Some stocks plummeted in the aftermath of the hurricane. In the case of HCA Healthcare, its stock price fell by as much as 8.75% on this day, closing at $363.55 per share. Colgate-Palm Olive stock prices also plummeted by more than 4% on this day.

Tesla’s stock price, which soared more than 20% the previous day, continued its upward trend today, rising 3.36% during the day. The closing price is $269.23 per share.

With today’s close, the S&P 500 and Dow ended their six-week consecutive upward trend. On the other hand, Nasdaq rose by about 0.2% this week, continuing its upward trend for seven consecutive weeks.

Related Market News

U.S. authorities fall on reports of Tether investigation… Bitcoin falls below 67K