US Stock Market Update: Mixed Results for Nasdaq, Dow, and S&P 500 Amid Oil Prices Surge and FAANG Performance

All three benchmark indices in the US ended mixed on Monday. The Nasdaq technology index rose 0.21 percent to 16,780.61 points. The Dow Jones fell 0.36 percent to 39,357.08 points, while the broader S&P 500 ended the day flat at 5,344.38 points.

The Vix index, also known as the volatility index, ended up 3.53 percent to 21.09.

The US ten-year interest rate fell to 3.906 percent on Tuesday.

The FAANG divides

The largest technology companies have accounted for a large part of the US stock market’s rise in the past year. Facebook owner Meta, Amazon, Netflix, Apple and Alphabet (also known as FAANG stocks), had a mixed day on the stock market on Monday.

• Facebook fell 0.35 percent to $515.95.
• Amazon fell 0.08 percent to $166.80.
• Apple rose 0.71 percent to $217.53.
• Netflix fell 0.13 percent to $633.14.
• Alphabet fell 0.84 percent to $162.29.

Nvidia rose

On Monday, Nvidia rose about 4 percent to $ 109. The share price stood at more than 135 dollars in June, but has fallen significantly since then. The share also took a hit last week in connection with the turmoil surrounding Japanese bear trading, where Monday was the worst trading day on Wall Street since 2022. Although stock markets fell to big at the beginning of last week, they recovered a lot. during the week.

Oil and crypto

Fingal wrote Monday morning that the US is sending aircraft carriers and a nuclear-powered submarine to the Middle East. This is happening in response to Israel believing that Iran will attack them directly, and that the attack could happen within a few days. The price of oil rose throughout the day on Monday after increased fears among investors about an increase in the conflict in the Middle East.

The September contract for a barrel of WTI oil rose 4.44 percent to $79.57 a barrel. barrel North Sea Brent Spot oil rose 2.70 percent to 81.85 dollars per barrel.

Bitcoin fell 0.94 percent to $59,093, while Ethereum rose 3.70 percent to $2,650.