The US stock market closed higher on Monday: The Dow Jones rose 0.26%

3 May 2022 03.05.2022
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The US stock market closed higher on Monday: The Dow Jones rose 0.26%

Trading on Monday

The US stock market ended Monday's trading upwards on the back of a strengthening of the technology, oil and gas and telecoms sectors.

At the close on the New York Stock Exchange, the Dow Jones was up 0.26%, the S&P 500 was up 0.57% and the Nasdaq Composite was up 1.63%.

Thus, in yesterday's trading on Monday, shares of such companies rose: Intel (NASDAQ: INTC) +3.14%, Microsoft (NASDAQ: MSFT) +2.50%, Home Depot (NYSE: HD) +2.19%, CarMax (NYSE:KMX) +6. 25%, Redbox Entertainment (NASDAQ:RDBX) +42.64%, SoundHound (NASDAQ:SOUN) +68.46%, M/I Homes (NYSE: MHO) +4.25%, Pros Holdings (NYSE: PRO) +3.51%, Offerpad (NYSE: OPAD) +6.19%, Agios Pharmaceuticals (NASDAQ: AGIO) +7.33%.

However, shares of such companies fell: Global Payments (NYSE: GPN) -9.21%, Moody's (NYSE: MCO) -4.81%, Coca-Cola (NYSE: KO) -1.81%, American Express (NYSE: AXP) -1.77%, UnitedHealth Group (NYSE: UNH) -1. 46%, Stealth BioTherapeutics (NASDAQ: MITO) -31.83%, First Wave BioPharma (NASDAQ: FWBI) -35.42%, Meta Financial Group (NASDAQ: CASH) -0.71%, LTC Properties (NYSE: LTC) -1.06%, PureCycle Technologies (NASDAQ: PCT) -1.54%, Gladstone Land (NASDAQ: LAND) -1.24%.

Also, on NYSE, the number of securities that declined (1,791) exceeded the number that closed on the plus side (1,419), while the quotation of 160 stocks was almost unchanged. On NASDAQ, 2,318 companies gained, 1,525 declined and 244 remained flat at the previous close.

The CBOE Volatility Index, which is based on options trading on the S&P 500, fell 3.17% to 32.34.

As for the price of WTI crude futures for June delivery, it rose 0.59%, or 0.62, to $105.31 a barrel.

However, Brent crude futures for July delivery rose 0.60%, or 0.64, to $107.78 a barrel.

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