American Stocks in Fervent Days of Inflation Data Release
After the market closed on Monday, U.S. equities rose as technology, consumer services, and manufacturing increased stock prices.
The NASDAQ Composite index increased 3.43%, the S&P 500 index up 2.65%, and the Dow Jones Industrial Average increased 1.86% as of the NYSE closing. The Dow Jones Industrial Average’s top session performance was JPMorgan Chase & Co (NYSE: JPM), which increased 4.20% or 4.67 points to close at 115.86. American Express Company (NYSE: AXP) was up 3.49% or 4.77 points to 141.58 in the late session. Moreover, Microsoft Corporation (NASDAQ: MSFT) gained 3.92% or 8.97 points to close at 237.53.
Watch Out for the Best and Worst Performers
Walgreens Boots Alliance Inc (NASDAQ: WBA), which dropped by 0.72% or 0.24 points to close at 33.00, was the worst-performing stock of the day. Dow Inc. (NYSE: DOW) increased by 0.31% or 0.14 points to reach 45.26. Meanwhile, 3M Company (NYSE: MMM) gained 0.20% or 0.23 points to close at 113.86.
Ceridian HCM Holding Inc (NYSE: CDAY) increased 8.08% to 56.04. DISH Network Corporation (NASDAQ: DISH), which increased 7.33% to settle at 13.91, and Tesla (NASDAQ: TSLA), which closed at 219.35, were the top performers on the S&P 500. Fox Corp Class A (NASDAQ: FOXA) fell 9.41% to 28.58 in late trading, and Fox Corp Class B (NASDAQ: FOX), which dropped 8.09% to end at 26.80, were the worst performers. At the closing, Kroger Company (NYSE: KR) had lost 2.42%, reaching 42.12.
Acorda Therapeutics Inc. (NASDAQ: ACOR) increased by 167.52% to close at 0. Furthermore, Inpixon (NASDAQ: INPX), which increased by 90.59% to close at 9, and Fednat Holding Co. (NASDAQ: FNHC), which increased by 60.35% to close at 0.83, were the top performers on the NASDAQ Composite. NGM Biopharmaceuticals Inc. (NASDAQ: NGM) fell 70.48% to 3.41 in late trading. Moreover, Minerva Neurosciences Inc. (NASDAQ: NERV), which lost 69.55% to settle at 4.09, and Intelligent Living Application Group Inc. (NASDAQ: ILAG), which lost 54.07% to 2.99 at the close, were the worst performers.